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Wednesday, October 9, 2024

Hyundai Motor Group and Singapore Strengthen Joint Analysis in Sustainable Power and Manufacturing Options


  • Hyundai Motor Group and Nanyang Technological College, Singapore collaborate within the discipline of hydrogen vitality and superior vitality system
  • The partnership goals to advance in the direction of carbon neutrality by way of joint analysis with world-renowned NTU
  • HMGICS, NTU and A*STAR to determine a tripartite Company Lab Program for collaborative analysis in AI, robotics and 3D printing

Hyundai Motor Group (the Group) has signed a collaborative analysis settlement with Nanyang Technological College, Singapore (NTU) within the discipline of latest vitality. The partnership will embody a three-year analysis collaboration, specializing in the areas of hydrogen vitality enterprise and superior vitality system.

This collaboration between the Group and NTU, a globally famend college, goals to take a step nearer to attaining carbon neutrality. The main focus of the partnership will probably be on growing different vitality sources leveraging the Group’s superior vitality applied sciences which can be appropriate for Singapore’s distinctive traits.

“HMGICS is a worldwide hub for Hyundai Motor Group’s future mobility innovation,” mentioned Hyun Sung Park, Vice President and CEO of Hyundai Motor Group Innovation Heart Singapore (HMGICS). “By means of this partnership, we purpose to speed up our analysis within the discipline of progressive applied sciences, in the end enhancing the business viability of our sustainable mobility options.”

The signing ceremony, which passed off on the Singapore-Korea Enterprise Discussion board, Ritz Carlton Singapore, on October 8, was attended by Jaehoon Chang, President and CEO of Hyundai Motor Firm; Younger-Joon Yoon, President and CEO of Hyundai Engineering & Building (Hyundai E&C); Hyun Sung Park, Vice President and CEO of HMGICS; Professor Lam Khin Yong, Vice President (Business) of NTU; Professor Madhavi Srinivasan, Govt Director of Power Analysis Institute at NTU; Duk-geun Ahn, Minister of Commerce, Business and Power of the Republic of Korea; and Dr. Tan See Leng, Minister for Manpower and Second Minister for Commerce and Business of Singapore.

As a city-state, Singapore faces challenges in attaining carbon neutrality as a consequence of its restricted pure sources and heavy reliance on pure gasoline, accounting for 95% of its energy technology. Singapore is anticipated to see a rising function for hydrogen vitality and superior vitality system in its efforts to attain carbon neutrality.

One of many key areas of focus will probably be learning the adoption of hydrogen manufacturing applied sciences and companies in Singapore. This consists of the implementation of Hyundai Motor Group’s progressive resource-cycle hydrogen manufacturing applied sciences: Plastic-to-Hydrogen (P2H) and Waste-to-Hydrogen (W2H) methods. W2H makes use of natural waste reminiscent of meals and sewage sludge to supply hydrogen, whereas P2H makes use of non-recyclable plastic.

Within the discipline of superior vitality system analysis, the Group and NTU have set their sights on growing an answer that’s well-suited for city international locations like Singapore. The superior vitality system presents the benefits of straightforward set up and excessive security ranges due to its modular design, enjoying an important function in attaining carbon neutrality in Singapore.

On the identical day, HMGICS additionally held a joint signing ceremony for the institution of a tripartite analysis heart with NTU and the Company for Science, Know-how, and Analysis (A*STAR). The Company Lab Program is ready to conduct analysis in progressive manufacturing domains reminiscent of AI, robotics and 3D printing.

This important milestone will speed up improvements within the adoption of progressive applied sciences, with the aim of making a collaborative future mobility ecosystem in Singapore.

“The analysis partnerships between NTU Singapore and Hyundai Motor Group mirror how shut collaboration with trade is significant in growing progressive and related options to deal with actual world points, together with the race to carbon neutrality,” mentioned Professor Lam Khin Yong, Vice President (Business) of NTU. “We’ll proceed to construct on our long-standing partnership with Hyundai Motor Group, leveraging NTU’s core strengths in areas reminiscent of sustainable vitality, AI, robotics, 3D printing, and superior supplies, to develop progressive and sustainable options for Singapore and the worldwide society.”

Within the signing ceremony, Jaehoon Chang, President and CEO of Hyundai Motor; Hyun Sung Park, Vice President and CEO of HMGICS; Professor Lam Khin Yong, Vice President (Business) of NTU; Professor Warren Chan, Dean of the Faculty of Engineering at NTU; Frederick Chew, CEO of A*STAR; Professor Lim Keng Hui, Assistant Chief Govt of Science and Engineering Analysis Council at A*STAR; Duk-geun Ahn, Minister of Commerce, Business and Power of the Republic of Korea; and Dr. Tan See Leng, Minister for Manpower and Second Minister for Commerce and Business of Singapore have been current.

The collaboration between Hyundai Motor Group, NTU and A*STAR highlights HMGICS’s transformative affect on manufacturing and buyer expertise. Pushed by a shared strategic imaginative and prescient, this partnership goals to create world-leading, progressive, and sustainable mobility options that profit all. Hyundai Motor Group goals to advance expertise and develop sustainable options, contributing to a greener future in Singapore.

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