Hyundai Autoever announced on the 28th that it has signed an AWS (Amazon Web Services) Private Pricing commitment contract with Hyundai Motor.

The total contract value amounts to 398.58 billion won. This represents 9.4% of the company's most recent consolidated revenue (4.2520 trillion won) on a 2025 basis.

• ■ Contract Overview
• Counterparty: Hyundai Motor (the company's largest shareholder)
• Target region: Domestic
• Contract period: October 1, 2026 – September 30, 2031 (approximately 5 years)
• Payment method: Monthly billing based on actual usage (no deposit or advance payment)

The company explained that the amount is the minimum commitment value excluding value-added tax. It is the equivalent of USD 272,000,000 converted using the KEB Hana Bank's initial reference exchange rate on the contract date of July 28, 2026 (1 USD = 1,465.40 KRW).

It also added that the final usage amount may fluctuate during the contract period depending on the actual scale of cloud usage.