New Hyundai Motor Group Innovation Center in Singapore
"Construction begins with a virtual groundbreaking ceremony attended by Singapore Prime Minister Lee Hsien Loong, South Korea’s Industry Minister Sung Yun-mo, and Hyundai Motor Group Executive Vice Chairman Euisun Chung."
Hyundai Motor Group (the Group) celebrated the groundbreaking announcement of the Hyundai Motor Group Innovation Center in Singapore (HMGICS) with a virtual ceremony today. The center will act as an open innovation lab for the Group’s future mobility research and development, with the aim of revolutionizing 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.”
“Korea and Singapore have cooperated on multiple fronts and the HMGICS represents a new milestone in the continuing collaboration between our two nations,” said Sung Yun-mo, Korean Minister of Trade, Industry and Energy. “The key to this collaboration will lie in finding ways to bring together our respective strengths.”
“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 the future, customers will be able to customize 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 customers can test drive the vehicle.
Sky Track will sit atop HMGICS’ state-of-the-art seven-story innovation lab located at the Jurong Innovation District (JID). JID enables how organizations collaborate – by bringing the various nodes of the advanced manufacturing ecosystem together, into a single district to create a one-stop advanced manufacturing hub. Masterplanned to house the full manufacturing value chain, JID is home to a vibrant ecosystem of researchers, technology and training providers, and advanced manufacturers.
The building will also feature a landing port for Urban Air Mobility (UAM) as well as solar panels providing the site with clean renewable energy. The center will gradually expand its use of renewable energy to eventually use fuel cells as a power supply to minimize emissions from power generation.
HMGICS occupies a footprint of 44,000 m2 with the building covering 28,000 m2. The construction of the site will be completed by the end of 2022.
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