Hyundai Motor Group has recently signed an MOU with Nanyang Technological University, Singapore on a three-year research partnership for the advancement in sources of powering and higher order energy systems for vehicles. It intends to help Singapore move a step closer to carbon neutrality through the creation of renewable energy that incorporates the Group’s sophisticated energy technology. The memorandum was signed during the Singapore-Korea Business Forum at Ritz Carlton Singapore with the presence of officials.
The policy also outlines that natural gas will remain Singapore’s main energy source over the next few decades. The collaboration seeks to advance research of new technologies and improve the market readiness level of sustainable mobility solutions. One significant focus will be exploring the adoption of hydrogen production technologies and enterprises in Singapore, particularly the application of Hyundai Motor Group’s breakthrough resource-cycle hydrogen production technology. Waste-to-Hydrogen (W2H) and Plastic-to-Hydrogen (P2H) are two examples of these two systems.
In the field of advanced energy system research, the Group and NTU aim to develop a solution that is well-suited for urban countries like Singapore. The advanced energy system offers advantages of easy installation and high safety levels due to its modular design, playing a vital role in achieving carbon neutrality in Singapore.
On the same day, HMGICS held a joint signing ceremony for the establishment of a tripartite research center with NTU and the Agency for Science, Technology, and Research (A*STAR). The Corporate Lab Program will conduct research in innovative manufacturing domains such as AI, robotics, and 3D printing. This significant milestone will accelerate innovations in the adoption of innovative technologies, with the goal of creating a collaborative future mobility ecosystem in Singapore.
