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HMGICS, NTU and A*STAR to establish a tripartite Corporate Lab Program for collaborative research in AI, robotics and 3D printing
Date: October 9, 2024
Singapore/Seoul- Hyundai Motor Group., has partnered with Nanyang Technological University (NTU), Singapore, for a three-year research collaboration on hydrogen energy and advanced energy systems. This initiative aims to drive carbon neutrality by developing alternative energy solutions source to Singapore's needs, utilizing Hyundai's advanced energy technologies.
Mr. Hyun Sung Park, Vice President and CEO of Hyundai Motor Group Innovation Center Singapore (HMGICS), said, “HMGICS is a global hub for Hyundai Motor Group’s future mobility innovation. Through this partnership, we aim to accelerate our research in the field of innovative technologies, ultimately enhancing the commercial viability of our sustainable mobility solutions.”
The signing ceremony, which took place at the Singapore-Korea Business Forum, Ritz Carlton Singapore, on October 8, was attended by Jaehoon Chang, President and CEO of Hyundai Motor Company; Young-Joon Yoon, President and CEO of Hyundai Engineering & Construction (Hyundai E&C); Hyun Sung Park, Vice President and CEO of HMGICS; Professor Lam Khin Yong, Vice President (Industry) of NTU; Professor Madhavi Srinivasan, Executive Director of Energy Research Institute at NTU; Duk-geun Ahn, Minister of Trade, Industry and Energy of the Republic of Korea; and Dr. Tan See Leng, Minister for Manpower and Second Minister for Trade and Industry of Singapore.
As a city-state with limited natural resources, Singapore faces challenges in achieving carbon neutrality, relying heavily on natural gas for 95% of its power generation. To address this, hydrogen energy and advanced energy systems are expected to play a crucial role.
The collaboration between Hyundai Motor Group and NTU will focus on adopting hydrogen production technologies, including Hyundai's innovative Plastic-to-Hydrogen (P2H) and Waste-to-Hydrogen (W2H) systems. W2H converts organic waste, such as food and sewage sludge, into hydrogen, while P2H processes non-recyclable plastics.
Additionally, they aim to develop advanced energy solutions tailored for urban environments, emphasizing modular design for easy installation and enhanced safety, essential for Singapore's carbon neutrality goals.
On the same day, Hyundai Motor Group Innovation Center Singapore (HMGICS) signed an agreement to establish a tripartite research center with NTU and the Agency for Science, Technology, and Research (A*STAR). Through the Corporate Lab Program, the center will focus on innovative manufacturing research in AI, robotics, and 3D printing.
This partnership aims to accelerate technological innovations, fostering a collaborative future mobility ecosystem in Singapore.
Professor Lam Khin Yong, Vice President (Industry) of NTU, said, “The research partnerships between NTU Singapore and Hyundai Motor Group reflect how close collaboration with industry is vital in developing innovative and relevant solutions to address real world issues, including the race to carbon neutrality. We will continue to build on our long-standing partnership with Hyundai Motor Group, leveraging NTU’s core strengths in areas such as sustainable energy, AI, robotics, 3D printing, and advanced materials, to develop innovative and sustainable solutions for Singapore and the global society.”
Mr. Jaehoon Chang, President and CEO of Hyundai Motor; Mr. Hyun Sung Park, Vice President and CEO of HMGICS; Professor Lam Khin Yong, Vice President (Industry) of NTU; Professor Warren Chan, Dean of the College of Engineering at NTU; Mr. Frederick Chew, CEO of A STAR; Professor Lim Keng Hui, Assistant Chief Executive of Science and Engineering Research Council at A STAR; Duk-geun Ahn, Minister of Trade, Industry and Energy of the Republic of Korea; and Dr. Tan See Leng, Minister for Manpower and Second Minister for Trade and Industry of Singapore were present.
The collaboration between Hyundai Motor Group, NTU, and A*STAR underscores HMGICS's transformative impact on manufacturing and customer experience. With a shared strategic vision, the partnership seeks to develop innovative and sustainable mobility solutions for all. Hyundai Motor Group is committed to advancing technology and fostering a greener future in Singapore.
