Hyundai Motor yesterday announced that it is building an open innovation lab in Singapore to develop future mobility technologies for expansion into global markets.
The move is part of the South Korean carmaker’s plans to transform itself into a smart mobility solutions provider.
Hyundai’s new lab will be in the Jurong Innovation District.
Construction of the 28,000 sq m Hyundai Mobility Global Innovation Centre is expected to start next month and be completed by the second half of 2022. The project is supported by Singapore’s Economic Development Board.
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1 April 2020