Hyundai Motor and Singtel MOU
Hyundai Motor Company and Singtel signed an MOU to collaborate on a range of ventures to support smart manufacturing and connectivity for electric vehicle battery subscription service. The MOU follows Hyundai Motor Group’s announcement in October 2020 that it is setting up 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 revolutionisecommuters’ transport experience.
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 parties 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.
Hyundai and Singtel 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 watch the telemetry, or automatic data transmission, of the batteries’ real-time status and performance.