April 01, 2020 12:34
Hyundai is going to build a research center in Singapore, the carmaker said Tuesday.
The center is part of strategic investments to expand business into future technologies such as self-driving cars, personal aerial vehicles, robotics and artificial intelligence.
The center will work on innovative technologies to generate new business opportunities before Hyundai expands its mobility services to the global market.
The 28,000 sq.m facility will sit on a 44,000 sq.m lot in the Jurong Industrial Estate, with construction starting next month and slated for completion in 2022.
The carmaker in a press release said the center will develop an "intelligent manufacturing platform" using technologies like artificial intelligence and the Internet of Things. It will also be equipped with a small-scale electric vehicle assembly line.
Hyundai hopes to partner with local universities, start-ups and think tanks. It also wants to strengthen cooperation with Grab, the Singapore-based ride-hailing giant. The two already work together offering EV ride-hailing services in Singapore and Indonesia.
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