Hyundai Motor to develop new mobility innovation centre in Singapore

WCN Editorial Team 2 Apr 2020 ASIA BUILDINGS

South Korea-based Hyundai Motor Company has announced that it will establish Hyundai Mobility Global Innovation Center (HMGICs), a new automotive innovation centre in Singapore.

To be supported by the Singapore Economic Development Board (EDB), the innovation centre will be located in Jurong Innovation District, which is an advanced manufacturing hub developed by JTC.

HMGICs will occupy 44,000m² with a building area of 28,000m². Construction of the building is expected to start this May and is anticipated to be completed in the second half of next year.

The innovation lab is expected to support the automaker to transform into a smart mobility solution provider while sustainable growth is ensured.

The lab will explore ideas encompassing R&D, business and production for future mobility solutions and could also help define the future business direction for the company.

Hyundai Motor president Bo Shin Seo said: “HMGICs will be a testbed to explore and validate the future Hyundai is envisioning. Combining Hyundai’s innovative spirit and Singapore’s fertile atmosphere, we will develop ground-breaking businesses and future technologies.”

HMGICs will also lead efforts to enter new markets and customers with new technologies that can transform automotive R&D, production and sales.

The combination of artificial intelligence (AI), internet of things (IoT) and other advanced technologies will help in creating a human-centred smart manufacturing platform. The concept will be tested through a small pilot EV production facility.

A product development process and an on-demand production system will also be tested, in conjunction with the smart manufacturing platform.

EDB assistant managing director Tan Kong Hwee said: “The Hyundai Mobility Global Innovation Center is an exciting addition to Singapore’s growing Mobility ecosystem.

“Its focus on innovative business concepts and the development of a smart manufacturing platform, leverages the research and innovation capabilities, and the value that Singapore provides to companies that want to develop, testbed and create new solutions for the world.”

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Image: Hyundai Motor Company Headquarters in Seoul, South Korea. (Credit: Wikipedia.org/HappyMidnight.)

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