According to data released by Singapore-based think tank Asia Natural Gas and Energy Association, the Southeast Asian country currently relies on natural gas for 96 percent of its electricity generation, with the majority being imported from overseas. Hyundai Motor secures technology for hydrogen vehicles and hydrogen fuel systems. The company can also produce the clean fuel using food biogas.
Hyundai Motor said the automaker will work with PTCL to discover business opportunities for hydrogen mobility in Singapore. “We will cooperate with Singapore to develop solutions for future mobility production and technology innovation, and set up sustainable ecosystems,” Hyundai Motor CEO Chang Jae-hoon said in a statement on November 21.
The South Korean carmaker has also joined a state project to build a research center for future mobility solutions in Singapore. The project will involve the Singaporean government, a national university, and the Hyundai Motor Group Innovation Center in Singapore (HMGICS). HMGICS is designed to develop innovative systems that combine advanced technologies such as artificial intelligence, information and communications technology, and big data.
Hyundai's innovation center, which completed its construction on November 21, would feature a landing port for urban air mobility and use eco-friendly energy sources like solar and hydrogen to help achieve carbon neutrality. Logistics and assembly lines will be highly automated.
In 2020, Hyundai Motor unveiled its scheme to become a mobility service company. In 2022, the automaker partnered with Vinssen, a South Korean eco-friendly shipbuilder engaged in the establishment of hydrogen fuel cell infrastructure in Singapore. Vinssen has agreed to build smart ships based on Hyundai's designs.
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