New energy cooperation between Hyundai Motor, Singapore and hydrogen will be expanded...A joint research center is also established.

Hyundai Motor Group has decided to expand its cooperation to new energy fields such as Singapore and hydrogen, while establishing joint research institutes related to artificial intelligence and robotics.

At the "Korea-Singapore Business Forum" held in Singapore on the 8th local time, Hyundai Motor Group signed a business agreement for joint research in the new energy sector, including public Nanyang Technological University, hydrogen energy, and next-generation power generation projects.

The research targets are the establishment of an eco-friendly mobility ecosystem through hydrogen electric vehicles and resource-circulating hydrogen power generation.

Hyundai Motor Group also signed a signing ceremony with Nanyang Technological University and the Singapore Technology Development Institute for the establishment of a "three-party corporate research institute" that can research and develop innovative manufacturing technologies such as AI and robotics.