The groundbreaking HMGICS will be a testbed for open innovation lab for Hyundai Motor Group's future mobility research and development.
FREMONT, CA: Hyundai Motor Group celebrates the groundbreaking announcement of the Hyundai Motor Group Innovation Center in Singapore (HMGICS) with a virtual ceremony. The center will be an open innovation lab for the Group's future mobility research and development to revolutionize the future mobility value chain. Hyundai hosted the Singapore government event by connecting the Namyang R & D Center in Korea and Jurong Town Hall in Singapore as a safety measure amid the COVID-19 pandemic.
HMGICS is a significant step forward for Hyundai Motor. The facility will pave the way for more Korean companies to invest, partner with local suppliers and SMEs, and collaborate with universities and research institutes. This will also open up new growth areas for its economy and create exciting jobs for Singaporeans. Korea and Singapore have integrated on multiple fronts, and the HMGICS represents a new milestone in the continuing collaboration between two nations. The key to this partnership will lie in finding ways to bring together strengths.
Hyundai Motor Group Innovation Center in Singapore need Human-Centered Value Chain Innovation for a Mobility Paradigm Shift. It will offer products and services tailored to customers' needs. Innovations that spring from HMGICS will shape its future global society for the better and contribute to the progress of humanity. HMGICS will create innovative systems that combine advanced technologies like AI, ICT, and big data to allow for work environment where creative potentials are fulfilled, and human value is enhanced. It will build a customer-centered smart mobility environment where products are tailored to customer needs and mobility services would enrich its customers' lives. It will also contribute to the development of Singapore's Smart Nation as a responsible industry member in the ecosystem. HMGICS, situated in Singapore's heart, will use eco-friendly energy resources to help achieve carbon neutrality.
The center will be the testbed for a human-centered intelligent manufacturing platform with small scale EV production on site. The facility will use the Industry 4.0 smart technologies, like 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.