Hyundai Motor Group, NTU Singapore, and A*STAR have come together to inaugurate the Corporate Lab, a pioneering collaboration in Singapore’s automotive manufacturing industry. This partnership marks a significant milestone in the country’s efforts to become a global leader in smart mobility solutions.
The Corporate Lab, located at NTU’s Nanyang Technological Institute, is the first of its kind in Singapore and is set to be a hub for research and development in the automotive sector. The lab will focus on developing advanced technologies that will drive the future of mobility, such as electric and autonomous vehicles, as well as intelligent transportation systems.
The collaboration between Hyundai Motor Group, NTU, and A*STAR brings together the expertise of three leading organizations, each with their unique strengths and capabilities. Hyundai Motor Group, one of the world’s largest automotive manufacturers, will bring in-depth knowledge and experience in the field of automotive technology. NTU, a top-ranked university in Asia, will contribute its research capabilities and global network of experts. A*STAR, Singapore’s leading government agency for scientific research and innovation, will bring its cutting-edge technologies and resources to the table.
The Corporate Lab will act as a testbed for new technologies and innovations, creating a platform for the development of new products and services that will shape the future of the automotive industry. The lab will also provide opportunities for students and researchers to work closely with industry experts, gaining valuable insights and experience that will prepare them for the workforce.
The inauguration ceremony was attended by key representatives from Hyundai Motor Group, NTU, and A*STAR, as well as government officials, industry leaders, and academics. Speaking at the event, Mr. Albert Biermann, President and Head of Research and Development Division at Hyundai Motor Group, expressed his excitement about the collaboration, saying, “We are delighted to partner with NTU and A*STAR in this ambitious project. This Corporate Lab will serve as a platform for us to develop and test new technologies that will shape the future of mobility. We are confident that this collaboration will bring about significant advancements in the automotive industry and contribute to Singapore’s vision of becoming a smart nation.”
NTU President, Professor Subra Suresh, also shared his thoughts on the partnership, saying, “NTU is committed to fostering collaborations that will drive innovation and create real-world impact. The Corporate Lab is a prime example of such a partnership, bringing together the strengths of three leading organizations to develop cutting-edge technologies that will shape the future of the automotive industry.”
The Corporate Lab will also play a crucial role in Singapore’s efforts to become a global hub for smart mobility solutions. As the country looks to reduce its carbon footprint and promote sustainable living, the development of electric and autonomous vehicles will play a significant role in achieving these goals. The lab will serve as a platform for the development of these technologies, ensuring that Singapore stays at the forefront of the automotive industry.
The collaboration between Hyundai Motor Group, NTU, and A*STAR is a testament to the country’s commitment to promoting research and innovation. The Corporate Lab is a significant step towards creating a vibrant ecosystem for research and development in Singapore’s automotive sector. With the combined expertise and resources of these three organizations, the lab is poised to become a global leader in the development of smart mobility solutions.
In conclusion, the inauguration of the Corporate Lab marks a significant milestone in Singapore’s journey towards becoming a global leader in the automotive industry. This pioneering collaboration between Hyundai Motor Group, NTU, and A*STAR holds immense potential for driving innovation and shaping the future of mobility. As we look towards a more sustainable and connected future, the Corporate Lab will undoubtedly play a crucial role in achieving these goals.
