Hyundai Motor Group, NTU Singapore and A*STAR have come together to inaugurate the Corporate Lab, a first-of-its-kind collaboration in Singapore’s automotive manufacturing industry. This groundbreaking partnership aims to drive innovation and pioneer advancements in the field of future mobility.
The Corporate Lab was officially launched on 21st August 2020 at the Nanyang Technological University (NTU) campus, marking a significant milestone in the automotive industry. This collaboration brings together the expertise and resources of three leading organizations – Hyundai Motor Group, NTU Singapore and A*STAR – to develop solutions for the future of mobility.
The event was attended by representatives from all three organizations, including Mr. Euisun Chung, Executive Vice Chairman of Hyundai Motor Group, Professor Subra Suresh, President of NTU Singapore, and Mr. Frederick Chew, Chief Executive Officer of A*STAR. Also present were government officials, industry experts and students from NTU, who were all excited to witness the beginning of this innovative partnership.
The Corporate Lab will focus on three key areas – Electric Vehicle (EV) Battery and Powertrain Systems, Intelligent Mobility Solutions, and Intelligent Manufacturing Systems. These areas are crucial in shaping the future of mobility, and the collaboration between Hyundai Motor Group, NTU Singapore and A*STAR will pave the way for groundbreaking advancements in these fields.
One of the main objectives of the Corporate Lab is to develop new technologies and systems that will enhance the efficiency and performance of EV batteries and powertrains. With the rising demand for electric vehicles, it is crucial to develop batteries that are more efficient, durable and cost-effective. Through this collaboration, the three organizations will work together to develop cutting-edge solutions that will revolutionize the EV industry.
Another area of focus for the Corporate Lab is intelligent mobility solutions, which includes developing smart and connected vehicles that can communicate with their surroundings. This technology has the potential to significantly improve road safety and reduce traffic congestion. With the combined expertise of Hyundai Motor Group, NTU Singapore and A*STAR, we can expect to see groundbreaking advancements in this field.
The third area of focus for the Corporate Lab is intelligent manufacturing systems. With the rise of Industry 4.0, it is crucial to develop manufacturing processes that are more efficient, sustainable and adaptable. Through this collaboration, the three organizations will work towards developing advanced technologies and systems that will shape the future of automotive manufacturing.
The Corporate Lab also aims to nurture the next generation of talent in the automotive industry. It will provide opportunities for students and researchers to work on real-world projects and gain hands-on experience in cutting-edge technologies. This will not only benefit the students but also contribute to the growth of the industry as a whole.
The partnership between Hyundai Motor Group, NTU Singapore and A*STAR is a testament to the commitment of these organizations towards driving innovation and shaping the future of mobility. By combining their expertise and resources, they aim to develop solutions that will have a significant impact on the automotive industry and society as a whole.
Speaking at the launch event, Mr. Euisun Chung, Executive Vice Chairman of Hyundai Motor Group, said, “We are excited to be a part of this unique collaboration and look forward to working closely with NTU Singapore and A*STAR. With the Corporate Lab, we aim to push the boundaries of technology and innovation to create a better future for everyone.”
Professor Subra Suresh, President of NTU Singapore, also expressed his enthusiasm for the partnership, saying, “This collaboration brings together the best of academia and industry, and we are confident that it will lead to groundbreaking advancements in the fields of future mobility. It is a testament to NTU’s commitment to developing solutions that have a positive impact on society.”
The launch of the Corporate Lab marks a significant step forward for the automotive industry in Singapore. It is a testament to the country’s dedication towards becoming a leader in future mobility and creating a sustainable and efficient transportation system. With the combined efforts of Hyundai Motor Group, NTU Singapore and A*STAR, we can expect to see groundbreaking advancements that will shape the way we travel in the future.
In conclusion, the Corporate Lab is a groundbreaking collaboration that brings together the expertise and resources of three leading organizations to drive innovation in the automotive industry. It is a testament to the commitment of Hyundai Motor Group, NTU Singapore and A*STAR towards shaping the future of mobility. With their combined efforts, we can expect to see groundbreaking advancements that will
