Hyundai Motor Group has embarked on joint research and development (R&D) with Singapore in the fields of hydrogen energy, new energy sources, and innovative manufacturing.
On Oct. 8, Hyundai Motor Group signed a memorandum of understanding (MOU) with Nanyang Technological University (NTU), a top research university ranked 14th globally and 2nd in Asia in the QS World University Rankings for engineering.
Moving forward, Hyundai will collaborate with NTU to explore alternative energy sources suited to Singapore, focusing on areas such as hydrogen energy and next-generation power projects. This will include efforts to create a sustainable ecosystem through hydrogen-powered electric vehicles and developing hydrogen from renewable sources, such as food waste and plastics.
This process, known as circular hydrogen, can be used to fuel hydrogen electric cars, helping to build a complete value chain. Hyundai plans to begin producing 500 kilograms of circular hydrogen daily in Cheongju starting next year.
Hyundai Motor Group has also set up a joint corporate research lab in partnership with NTU and Singapore’s Agency for Science, Technology and Research (A*STAR). This collaborative initiative brings together the government, academia, and the private sector to advance research and development in innovative manufacturing technologies.
This lab will focus on developing innovative manufacturing technologies, including artificial intelligence (AI) and robotics. Hyundai is the first Korean company to set up such a collaborative lab in Singapore, bringing together the government, academia, and industry.
A Hyundai representative explained that the lab’s involvement with local government agencies opens up the possibility of receiving investments from Singapore’s national research fund, depending on future outcomes. “We aim to contribute to developing sustainable mobility solutions by collaborating with Singapore’s talent in the field of innovative manufacturing,” they added.
