Hyundai Motor and Singtel will collaborate on a range of ventures to support smart manufacturing and connectivity for electric vehicle (EV) battery subscription service. This was announced Tuesday during the signing of a memorandum of understanding (MOU) that seals the latest partnership between two companies.
The MOU comes at the tail of the October 2020 announcement that the Korean car maker is setting up in the Lion City a new state-of the art Hyundai Motor Group Innovation Centre Singapore (HMGICS) to conduct studies on future mobility and explore innovative solutions, services and disruptive technologies to revolutionise commuters' transport experience.
Located at Jurong West, the HMGICS is a seven-storey innovation centre which covers a footprint of 44,000 sqm and is expected to be completed by the end of 2022.
"Hyundai is delighted to work with Singtel, implementing next-generation communication solutions that will enhance mobility experiences for our customers," said Hong Bum Jung, senior Vice president of HMGICS at Hyundai Motor. "We also hope to explore future innovative solutions and business opportunities with Singtel to help realise Singapore's Smart Nation vision."
Hyundai Motor will combine its expertise in developing innovative automotive and manufacturing solutions with Singtel's capabilities in 5G, Internet of Things (IoT), and next-generation info-communications technologies and solutions to develop Industry 4.0 advanced digital solutions to transform the way vehicles are currently manufactured.
Both companies will develop and pilot a 5G-enabled smart factory use case for HMGICS' intelligent manufacturing platform, and potentially scaling it up for deployment across Hyundai's manufacturing plants globally.
They will also work together on an IoT communications solution for the batteries powering Hyundai's electric vehicles (EVs) in Singapore. The IoT system enables Hyundai to monitor the telemetry, or automatic data transmission, of the batteries' real-time status and performance. The data-driven insights can enhance the EV's reliability, advancing Singapore's EV ecosystem and Smart Nation vision of connected and sustainable mobility solutions.
"Our collaboration with Hyundai Motor is timely given the Singapore Government's decision to phase out internal combustion engine vehicles by 2040 and the recent Budget announcement on new policies to encourage more Singaporeans to switch to driving electric vehicles. By pushing the boundaries of what is possible with 5G, IoT and other advanced technologies, we also want to build up Singapore's smart manufacturing and Industry 4.0 capabilities and strengthen its innovation ecosystem,” said Andrew Lim, managing director - Government and Large Enterprise, Group Enterprise at Singtel.