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Hyundai X NTU: Four Pilot Projects Focusing On Mobility Of The Future.

Hyundai x NTU: Four Pilot Projects Focusing On Mobility Of The Future.

Singapore’s Nanyang Technological University (NTU) and South Korean car manufacturer Hyundai Motor Group have inked an agreement to run four research projects focusing on the production of electric vehicles and future mobility technologies. 

By Ashwini Balan, Eastern Trade Media


Specifically, the projects will look at the use of artificial intelligence (AI) and additive manufacturing(AM) technologies. The research initiatives were part of NTU’s vision to develop applications that would be revolutionary, paving the way for next-generation automobile manufacturing. One of the projects, for instance, is to build machine learning algorithms for vehicle image processing, that could be tapped to check the quality of battery electric vehicles. An AI-powered image processing sensor deployed in the manufacturing plant could detect defects and anomalies across the production process, ensuring the safety and reliability of the final product, NTU said. 

Another project would explore the integration of additive manufacturing, or 3D printing, to customise automotive components for electric vehicles and how these parts could be implemented in small factor operation. This could facilitate smart manufacturing sites capable of building car models that are customised.

The partnership between Hyundai and NTU started last October, when NTU was unveiled as Hyundai’s first academic research partner for their innovation centre in Singapore. The project will steadily begin research work this month and is expected to be completed by the end of 2022. The Hyundai research facility focuses on future mobility technologies and together with NTU, Hyundai also planned to run 3D printing competitions in automotive engineering, which they hoped would spur interest in electric vehicle manufacturing and nurture new talent in the sector. NTU students and researchers also would be able to tap Hyundai’s industry experts to exchange ideas. 

There are similar projects that Hyundai has partaken in 2021, in view of their carbon neutrality goals. In June, Hyundai teamed up with mobile app platform Grab to drive the adoption of electric vehicles in Southeast Asia. Both companies would explore pilots to ease the use of such vehicles for Grab drivers and delivery partners, such as offering leasing programmes on a “battery-as-a-service” model. The South Korean carmaker in March also announced a partnership with Singapore telco Singtel to develop a system for Hyundai to monitor electric cars driven on the island. The Internet of Things (IoT) platform would provide Hyundai with telemetry, or “automatic data transmission”, on the status and performance of the batteries powering the electric vehicles used the company’s subscription service.

Indeed, multinational automotive manufacturers are gearing ahead into the all-electric future and it seems that this vision of the future, would soon become the present reality. 

References of the content:
1. Original Article Source: , ZDNet, 2021
2. Image Source: Lorenzo Hamers on Unsplash

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What Will Move Us Next?: IAA Mobility 2021 Highlights

What Will Move Us Next?: IAA Mobility 2021 Highlights

With 2021 coming to a close and some countries slowly easing restrictions within their country, the post-pandemic world has certainly been enlightened to how mobility affects us significantly.

By Ashwini Balan, Eastern Trade Media


Mobility can be labelled as an umbrella term that encapsulates a wide range of functions either as enabling mobility or in itself mobility. Especially in our digital world, the possibility is simply limitless from our standard automobiles to digital solutions and urban air mobility. With the global vision of an all-electric future, the organisers of IAA Mobility 2021, have brought together a phenomenal trade show that has been a trending topic among trade leaders, international corporations and fans of the latest automotive innovations. 

400,000 participants from 95 countries – 744 exhibitors and 936 speakers from 32 countries – 67 percent of visitors under the age of 40 – international media reach of 137 billion – survey shows very positive exhibitor and visitor response. All these statistics makes it further evident that the premiere of IAA Mobility 2021 in Munich, from the 7th to 12th September, was a roaring success and is now the largest mobility event in the world.

“We took a courageous step and were rewarded by the visitors,” said Hildegard Müller, President of the German Association of the Automotive Industry (VDA), which organized the first IAA Mobility this year jointly with Messe München.

“What will move us next?” is the motto of this year’s show with three key pillars being mobility of the future, commitment to constant change, and a platform for all those shaping the future. Among the massive list of exhibits, some were well-known OEMs such as Renault, Hyundai, Ford, BMW, MINI, Mercedes-Benz, Audi, Porsche, Volkswagen, Huawei, Microsoft, IBM, Bosch, Magna, Schaeffler, Continental, Michelin, and the bicycle brands Canyon, Specialized, Riese & Müller, Rose, Kettler and many more.

I have narrowed some interesting products and innovations that might be of interest to you. 

Products: 176 listed

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“We are now evaluating the event and will further develop our strategy so that we can welcome an even broader spectrum of exhibitors at the next IAA MOBILITY, and to continue the dialog on the future of mobility.,” Hildegard Müller said. 

Regardless of the event format in Munich, the IAA Mobility will continue operating its website www.iaa.de, making it a worldwide digital platform for the transformation of mobility on the path to climate neutrality, for innovations around cars, bikes, scooters, car and ride sharing, digitization and urban development.

References of the content:
1. Original Article Source: Press Release, IAA Mobility 2021 Website

2. The best photos of the IAA MOBILITY 2021 are available here

3. The film about the IAA MOBILTY 2021 is available here

4. The public-domain photo. and film material is available here

5. The complete list of exhibitors is available here

6. The complete list of partners is available here

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Hyundai Motor Group Partners Grab To Accelerate EV Adoption In Southeast Asia

Hyundai Motor Group Partners Grab To Accelerate EV Adoption In Southeast Asia

Hyundai Motor Group and Grab Holdings Inc. (Grab) has announced an enhancement of their ongoing strategic partnership in mobility services. The next phase of the partnership will focus on accelerating EV adoption in Southeast Asia. The Group, including Hyundai Motor Company and Kia Corporation which are the Group’s affiliates, and Grab will further develop new pilots and initiatives that lower the barriers of entry for Grab driver and delivery-partners to adopt EVs, such as lowering the total cost of ownership and reducing range anxiety.

Survey results from initial EV pilot in Singapore found that high costs, lack of charging locations and long waiting times for charging are top barriers hindering Grab driver-partners from adopting EVs. Hence, the enhanced partnership will focus on addressing some of these barriers by piloting new EV business models such as leasing EVs with a battery-as-a-service model or car-as-a-service model, and EV financing. Both parties will also develop a joint EV roadmap to accelerate adoption in Southeast Asia. The pilot programs will start in 2021, beginning in Singapore, and expand to Indonesia and Vietnam.

As part of the roadmap development, the two parties will also conduct an EV feasibility study. The intent is to gain a deeper understanding into the gaps and barriers to wider EV ownership and adoption, then translating the findings from the study into practical ways to further develop the EV ecosystem. These insights will provide governments and ecosystem partners with ideas and best practices on how EV policies can be shaped to better address the day-to-day operational routines of ride-hailing drivers and delivery-partners. This comes at a critical time as last-mile logistics and deliveries continue to experience unprecedented growth, and EVs can play a huge role in reducing carbon emissions from vehicles.

In addition, in line with Hyundai Motor Group’s latest future strategy, both parties will explore collaboration in new business opportunities and technologies such as smart city solutions.

“Hyundai Motor Group and Grab were able to discover the possibility of EV businesses in Southeast Asia through our cooperation from 2018,” said Minsung Kim, Vice President of the Innovation Division at Hyundai Motor Group. “With Grab having the largest driver network in the region and Hyundai’s comprehensive mobility solutions, we are confident that together we can help to increase the adoption of EVs and ultimately reduce carbon emissions throughout the region. Beyond its on-going projects, the Group expects additional cooperation with Grab to be a key driver to lead the mobility market of the future in Southeast Asia.”

Russell Cohen, Group Managing Director of Operations, Grab, said: “While EVs are relatively nascent in Southeast Asia, Grab plans to play a vital role in working with partners and governments to accelerate EV adoption. As government EV policies and incentives are implemented and essential infrastructure like charging stations continue to be built, this partnership will provide insights and best practices on the usage of EVs as part of the day-to-day operations of driver and delivery-partners. For example, we’ve piloted ways to reduce driver-partners’ downtime by enabling them to swap their e-moped batteries at GrabKitchen while they wait to collect food orders. Successful EV adoption is a multi-stakeholder effort, particularly in Southeast Asia, and we’ll continue to leverage our technology and operational leadership to build a fleet for the future.”

 

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Hyundai Motor And Singtel Collaborate To Advance Singapore’s Smart Mobility Ecosystem And Industry 4.0 Journey

Hyundai Motor And Singtel Collaborate To Advance Singapore’s Smart Mobility Ecosystem And Industry 4.0 Journey

Hyundai Motor Company and Singtel has signed a Memorandum of Understanding (MOU) to collaborate on a range of ventures to support smart manufacturing, connectivity for electric vehicle battery subscription service. The MOU follows Hyundai Motor Group’s announcement in October 2020 that it is setting up a new state-of-the-art Hyundai Motor Group Innovation Centre Singapore (HMGICS) to conduct studies on future mobility and explore innovative solutions, services and disruptive technologies to revolutionise commuters’ transport experience.

Hyundai Motor will combine its expertise in developing innovative automotive and manufacturing solutions with Singtel’s capabilities in 5G, Internet of Things (IoT), and next generation info-communications technologies and solutions to develop Industry 4.0 advanced digital solutions to   transform the way vehicles are currently manufactured. The parties will develop and pilot a 5G-enabled smart factory use case for HMGICS’ intelligent manufacturing platform, and potentially scaling it up for deployment across Hyundai’s manufacturing plants globally.

“Hyundai is delighted to work with Singtel, implementing next-generation communication solutions that will enhance mobility experiences for our customers,” said Hong Bum Jung, Senior Vice President of HMGICS at Hyundai Motor Company. “We also hope to explore future innovative solutions and business opportunities with Singtel to help realise Singapore’s Smart Nation vision.”

Hyundai and Singtel will also work together on an IoT communications solution for the batteries powering Hyundai’s electric vehicles (EVs) in Singapore. The IoT system enables Hyundai to monitor the telemetry, or automatic data transmission, of the batteries’ real-time status and performance. The data-driven insights can enhance the EVs’ reliability, advancing Singapore’s EV ecosystem and Smart Nation vision of connected and sustainable mobility solutions.

Andrew Lim, Managing Director, Government and Large Enterprise, Group Enterprise at Singtel said, “Our collaboration with Hyundai Motor is timely given the Singapore Government’s decision to phase out internal combustion engine vehicles by 2040 and the recent Budget announcement on new policies to encourage more Singaporeans to switch to driving electric vehicles. By pushing the boundaries of what is possible with 5G, IoT and other advanced technologies, we also want to build up Singapore’s smart manufacturing and Industry 4.0 capabilities and strengthen its innovation ecosystem.”

 

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Hyundai Set To Secure Its Position In Next-Gen Mobility Space With Updated Business Strategy, Says GlobalData

Hyundai Set To Secure Its Position In Next-Gen Mobility Space With Updated Business Strategy, Says GlobalData

Hyundai Motor has updated its new roadmap—‘Strategy 2025’, to accelerate transition into a smart mobility solution provider and secure its position as a frontrunner in the future mobility industry. Following this news, Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, his view:

“Hyundai in the recent past has emerged as a key global automotive OEM with omnidirectional strategic approach. Despite being impacted by COVID-19, the company has made several key developments this year in the area of future and smart mobility solutions through collaboration, partnerships, investments and new product launches across next-gen, EV and smart mobility areas.

The strategy update for 2025 indicates that Hyundai is being very responsive to the dynamic market trends. The company’s focus on electric mobility will support various regional governments’ electrification targets and also help Hyundai to achieve its goals of selling 560,000 EVs annually by 2025. In addition, the company’s increased focus on next-gen mobility i.e., autonomous vehicles, urban air mobility (UAM) and hydrogen fuel cell vehicles will strengthen its roots in the smart mobility solution and services and offer significant competitive benefits in the global automotive market.

With the automotive industry getting more dynamic day by day due to the fast technological advancements, companies need to transform their business strategies to secure their position in the future mobility era, Hyundai seems to be well on track in this direction. The recent developments, which include the introduction of new hydrogen cell brand HTWO, the acquisition of majority stakes in leading robotics company, launching of new dedicated EV platform E-GMP and many others will support Hyundai in achieving its future target of becoming a leading global smart mobility service provider.”

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Hyundai $400 Million Innovation Center In Singapore To Revolutionise The Future Of Mobility

Hyundai $400 Million Innovation Center In Singapore To Revolutionise The Future Of Mobility

Hyundai Motor Group (the Group) is opening a $400 million Hyundai Motor Group Innovation Center in Singapore (HMGICS) set to be completed by the end of 2022. Located at the Jurong Innovation District, the 28,000 m2 center will act as an open innovation lab for the Group’s future mobility research and development, with the aim of revolutionising the future mobility value chain.

“HMGICS is a major step forward for Hyundai Motor. The facility is the first of its kind in the world. It will pave the way for more Korean companies to invest here, partner with local suppliers and SMEs, and collaborate with our universities and research institutes,” said Singapore Prime Minister Lee Hsien Loong.

“Singapore’s goal is to have all our vehicles run on cleaner energy by 2040, in line with our Paris Agreement commitments. We hope this will open up new growth areas for our economy, and create exciting jobs for Singaporeans,” he continued.

“Hyundai Motor Group Innovation Center in Singapore will strive for ‘Human-Centered Value Chain Innovation for a Mobility Paradigm Shift.’ We will offer products and services tailored to customers’ needs,” said Hyundai Motor Group Executive Vice Chairman Euisun Chung. “I am confident the innovations that spring from HMGICS will shape our future global society for the better and       contribute to the progress of humanity.”

In future, customers will be able to customise and purchase vehicles online using a smartphone, which will immediately start production using Hyundai’s on-demand technology. The customers can then watch their car being manufactured at HMGICS. Once the car is ready for delivery, it will be transferred to the 620-meter-long Sky Track where customer can test drive the vehicle.

The center will also act as a test bed for a human-centered intelligent manufacturing platform with small scale EV production facility on site. The facility will utilise the latest ‘Industry 4.0’ smart technologies, such as artificial intelligence (AI), Internet of Things (IoT) and robotics. The logistics and assembly lines within HMGICS will be highly automated to establish a safe and efficient work environment. The Group will also test versatile systems that produce multiple models, to respond efficiently to fast changing market environments.

The collaboration will go beyond the Group and into the Singaporean innovation ecosystem. Singaporean universities, startups and research institutes, including Nanyang Technological University, Singapore – the first local academic research partner – will be able to collaborate through the open innovation lab.

“Hyundai is a strategic partner in our effort to address future mobility needs through innovation and advanced manufacturing technologies. The Hyundai Motor Group Innovation Centre will introduce important new capabilities in areas such as electric vehicles and urban air mobility, and create new opportunities for Singaporeans. This will complement the vibrant base of companies that are involved in the development of autonomous driving and electrification technologies,” said Dr. Beh Swan Gin, Chairman, Singapore Economic Development Board (EDB).

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Hyundai To Manufacture EVs In Singapore From 2022

Hyundai To Manufacture EVs In Singapore From 2022

Hyundai Motor has announced that it plans to manufacture its electric vehicles (EVs) in Singapore, starting in 2022, according to Straits Times. As such, the auto maker will be setting up a 28,000 square metre plant in Singapore with construction to begin in October.

The new plant will have the capacity to manufacture 30,000 EVs a year, with as many as 6000 cars sold in Singapore, and the new facility will create hundreds of jobs for the city. An electric compact crossover based on the IONIQ EV range is speculated to be the first vehicle produced at the plant.

Earlier this year in April, the automaker has announced that they will be establishing a Smart Mobility Innovation Center to accelerate its innovation efforts and transformation into a smart mobility solution provider.

This is in line with Singapore’s initiatives to boost the city’s EV market which includes expansion of charging infrastructure by 2030 and the goal to eliminate combustion engines from 2040.

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Hyundai Motor To Establish A Smart Mobility Innovation Centre In Singapore

Hyundai Motor To Establish A Smart Mobility Innovation Centre In Singapore

Hyundai Motor Company will establish a Hyundai Mobility Global Innovation Center in Singapore (HMGICs) to accelerate its innovation efforts and transformation into a smart mobility solution provider. With support from the Singapore Economic Development Board (EDB), the new 28,000 sqm innovative lab will be located in Singapore’s Jurong Innovation District and is set to be completed in the second half of 2022.

READ: Mobility Of The Future

The lab will explore business ideas and technologies to revolutionise a value chain encompassing R&D, business and production for future mobility solutions and eventual expansion into global markets. Combining Hyundai’s open innovations efforts with Singapore’s fertile atmosphere, HMGICs will validate concepts including multi-modal mobility service.

The lab will also spearhead efforts to reach new markets and customers with cutting-edge technologies that will transform automotive R&D, production and sales. Combining AI, Internet of Things (IoT) and other advanced technologies, the lab will create a human-centred smart manufacturing platform that will be validated through a small pilot EV production facility.

READ: Auto Sector Faces Biggest Existential Crisis Since 2007-09

In conjunction with the platform, an innovative product development process and on-demand production system will be tested and proven. Hyundai also aims to study new methods of vehicle development conducive to smart manufacturing while further increasing use of virtual reality (VR) technology in the vehicle development process.

Furthermore, HMGICs will facilitate collaboration opportunities with competitive local partners and educational institutions such as the Nanyang Technological University by conducting joint projects to pursue open innovation.

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“The Hyundai Mobility Global Innovation Centre 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,” said Mr Tan Kong Hwee, Assistant Managing Director, EDB.

As part of its Smart Nation initiative to drive the adoption of digital innovation across industries, Singapore is actively fostering the use of digital technologies such as AI, digitalisation, and smart urban mobility. With a strong track record for open innovation, Singapore is an ideal location for Hyundai to test its innovative ideas such as HMGICs.

 

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Vietnam Could Be The Next Strategic Production Centre For Hyundai

Vietnam Could Be The Next Strategic Production Centre For Hyundai

Deputy Prime Minister Trinh Dinh Dung hope that South Korea’s Hyundai group would consider Vietnam as a strategic production centre and raise the rate of locally made components in its automobiles to at least 40 percent.

Hyundai has been investing in Vietnam’s automobile industry over the years, maintaining business relations with Truong Hai and Thanh Cong groups to manufacture, assemble and distribute automobile vehicles in Vietnam. The government hopes that Hyundai will continue to cooperate and transfer technologies and management skills to its Vietnam partners. During the meeting with Deputy PM Dung, Hyundai’s Vice President, Jin Haeng has also reassured that the company plans to invest, transfer technologies and contribute to the development of Vietnam’s automotive manufacturing.

Developing the automotive industry is a core part of Vietnam’s modernisation and industrialisation strategy which focuses on producing made-in Vietnam cars for the local market. Other major automobile manufacturers can take advantage of Vietnam’s global integration, competitive input cost and large domestic market to dive further into the global value chain ladder.

For sustainable development of the automotive industry, new policies that are consistent, transparent, forecastable and fair would have to be drafted. Deputy PM Dung affirmed that the Vietnamese government remains committed to creating optimal conditions to support local and foreign investors to expand investments and business activities in the country.

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