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Hyundai Motor Group Innovation Center Singapore Celebrates First Anniversary with Group Executive Chair Euisun Chung

Hyundai Motor Group, one of the world’s leading automotive companies, has always been at the forefront of innovation and sustainable mobility. This commitment was further solidified with the establishment of the Hyundai Motor Group Innovation Center in Singapore (HMGICS) in 2019. As HMGICS celebrates its first year of operation, it is clear that the center has played a crucial role in advancing the Group’s vision of human-centric mobility.

The HMGICS was established with the aim of accelerating the development of future mobility solutions and fostering collaboration with the best minds in the industry. It serves as a key hub for the Group’s research and development efforts, with a focus on areas such as artificial intelligence, smart manufacturing, and future mobility services. The center also serves as a platform for open innovation, bringing together startups, universities, and other partners to collaborate and co-create innovative solutions.

Over the past year, HMGICS has made significant strides in advancing the Group’s sustainable mobility vision. One of the key achievements has been the development of the Personal Air Vehicle (PAV) concept, a futuristic flying car that aims to revolutionize urban transportation. The PAV concept was unveiled at the Consumer Electronics Show (CES) 2020 in Las Vegas, showcasing the Group’s commitment to pushing the boundaries of mobility.

In addition to the PAV, HMGICS has also been working on other innovative projects such as the Hub-to-Hub (H2H) mobility service, which aims to provide seamless transportation between different modes of travel. This service will not only reduce travel time but also contribute to reducing carbon emissions and promoting sustainable mobility. The center has also been actively involved in developing smart manufacturing solutions, with a focus on utilizing artificial intelligence and big data to improve efficiency and productivity.

Apart from its own projects, HMGICS has also been collaborating with various partners to drive innovation in the mobility sector. One such collaboration is with Grab, Southeast Asia’s leading ride-hailing platform, to develop a new fleet of electric vehicles for ride-sharing services. This partnership not only promotes the use of eco-friendly vehicles but also supports the Group’s goal of providing sustainable mobility solutions to customers.

The HMGICS has also been actively involved in nurturing the next generation of innovators through its various programs. The Hyundai Motor Group Innovation Academy, a joint initiative with Nanyang Technological University, provides students with hands-on experience in developing new technologies and solutions. The center also hosts the Hyundai Motor Group Hackathon, an annual event that brings together students and industry experts to solve real-world challenges in the mobility sector.

As HMGICS celebrates its first year of operation, it is clear that the center has become a key driver of innovation for the Group. Its strategic location in Singapore, known for its vibrant startup ecosystem and strong government support for innovation, has provided the perfect environment for the center to thrive. The center has also been recognized for its efforts, winning the prestigious “Innovation Center of the Year” award at the Asia Automotive Innovation Awards 2020.

The success of HMGICS is a testament to the Group’s commitment to sustainable, human-centric mobility. By investing in cutting-edge technologies and fostering collaboration, the center has been able to develop innovative solutions that will shape the future of transportation. As the world moves towards a more sustainable future, the HMGICS will continue to play a crucial role in driving the Group’s vision of creating a better world through mobility.

In conclusion, the Hyundai Motor Group Innovation Center in Singapore has had a remarkable first year, achieving significant milestones and driving innovation in the mobility sector. With its focus on sustainability and collaboration, the center is well-positioned to continue pushing the boundaries of mobility and shaping the future of transportation. As we look towards the future, we can be confident that HMGICS will continue to be a key hub for advancing the Group’s vision of human-centric mobility.

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