(Opening photo shows from L-R: Prof. Lim Keng Hui, Assistant Chief Executive of Science and Engineering Research Council at A*STAR; Hyun Sung Park, Vice President and CEO of HMGICS; Jaehoon Chang, President and CEO of Hyundai Motor; Duk-geun Ahn, Minister of Trade, Industry and Energy of the Republic of Korea; Dr. Tan See Leng, Minister for Manpower and Second Minister for Trade and Industry of Singapore; Prof. Lam Khin Yong, Vice President of NTU; Prof. Warren Chan, Dean of the College of Engineering at NTU; Frederick Chew, CEO of A*STAR)
In a significant move to accelerate the transition to a low-carbon future, Hyundai Motor Group has signed a collaborative research agreement with Nanyang Technological University, Singapore (NTU), focusing on hydrogen energy and advanced energy systems. The three-year partnership aims to develop innovative solutions to achieve carbon neutrality, leveraging the Group's advanced energy technologies tailored to Singapore's unique characteristics.
The agreement was signed at the Singapore-Korea Business Forum, with key dignitaries in attendance, including Jaehoon Chang, President and CEO of Hyundai Motor Company, Young-Joon Yoon, President CEO of Hyundai Engineering & Construction (Hyundai E&C); Hyun Sung Park, Vice President and CEO of HMGICS; Professor Lam Khin Yong, Vice President (Industry) of NTU; and Duk-geun Ahn, Minister of Trade, Industry and Energy of the Republic of Korea.
"Sustainable mobility solutions are at the forefront of our innovation strategy," said Hyun Sung Park, Vice President and CEO of HMGICS. "Through this partnership, we aim to accelerate our research in innovative technologies, enhancing the commercial viability of our sustainable mobility solutions."
Singapore, as a city-state, faces unique challenges in achieving carbon neutrality due to its limited natural resources and heavy reliance on natural gas. Hydrogen energy and advanced energy systems are expected to play a crucial role in the country's transition to a low-carbon future.
The research partnership will focus on developing alternative energy sources, including Hyundai Motor Group's innovative resource-cycle hydrogen production technologies, such as Plastic-to-Hydrogen (P2H) and Waste-to-Hydrogen (W2H) systems. These technologies utilise non-recyclable plastic and organic waste to produce hydrogen.
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In addition to hydrogen energy, the partnership will explore advanced energy system research, developing solutions suitable for urban countries like Singapore. The modular design of these systems offers easy installation and high safety levels, making them an attractive solution for achieving carbon neutrality.
In a separate ceremony, HMGICS, NTU, and the Agency for Science, Technology, and Research (A*STAR) signed an agreement to establish a tripartite Corporate Lab Program. This research center will focus on innovative manufacturing domains, including AI, robotics, and 3D printing.
"The research partnerships between NTU Singapore and Hyundai Motor Group demonstrate the importance of industry collaboration in developing innovative solutions to address real-world issues," said Professor Lam Khin Yong. "We will continue to build on our long-standing partnership with Hyundai Motor Group, leveraging NTU's core strengths to develop innovative and sustainable solutions."
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The collaboration between Hyundai Motor Group, NTU, and A*STAR underscores HMGICS's transformative influence on manufacturing and customer experience. With a shared strategic vision, this partnership aims to create world-leading, innovative, and sustainable mobility solutions that benefit all.
Hyundai Motor Group's commitment to sustainable energy and manufacturing solutions is a significant step towards a greener future in Singapore, and the company is poised to play a leading role in shaping the country's low-carbon future.