Hyundai to build EV factory and R&D centre in Singapore

Hyundai Motor Group Innovation Center in Singapore HMGICS

In a virtual groundbreaking ceremony, Hyundai has ­­announced it is building the Hyundai Motor Group Innovation Center in Singapore (HMGICS) which will serve as a new R&D centre and small-scale production facility with an output of up to 30,000 vehicles per year and help to forge a new supply chain in the city state.

When it is completed at the end of 2022, the HMGICS will occupy a footprint of 44,000m2 in the Jurong Innovation district and will be primarily focused on the development of new technology such as AI, ICT, big data, autonomous vehicles and urban air mobility. To help with this, local universities, start-ups and research institutes are invited to participate. The centre constitutes an investment of almost $400m. It will also have a production facility for small-scale production of EVs …

THIS ARTICLE IS AVAILABLE TO REGISTERED USERS ONLY.

To continue reading this article and others like it, please SIGN-IN or REGISTER FREE today

Join us today for free

AMS Comp Tablet and print phone image 400px

Register free now to stay up-to-date with the latest industry developments, trends, and analysis, to find in-depth reports and intelligence and to connect with your peers.

Your free registration includes:

  • Access to our exclusive content
  • Bi-Weekly enewsletter
  • Option to save articles to a personal library
  • Ability to comment on articles
  • Full access to the digital news archives
  • Ability to manage your profile and communication preferences

Gain access to our exclusive content and features register free today

Non-registered users are able to access two AMS exclusive articles per week. You have now used your allocation.
To continue reading this article and others like it, please SIGN-IN or REGISTER FREE today.