SINGAPORE: Hyundai Motor Company and Singtel today signed a Memorandum of Understanding (MoU) to collaborate on a range of ventures to support smart manufacturing and connectivity for electric vehicle battery subscription service.
The MoU follows Hyundai's announcement last October that it is setting up a new state-of-the-art Hyundai Motor Group Innovation Centre Singapore to conduct studies on future mobility and explore innovative solutions, services and disruptive technologies to revolutionise commuters' transport experience.
Located at Jurong West, the innovation centre is a seven-storey building which covers a footprint of 44,000 sq m and is expected to be completed by the end of 2022.
Hyundai 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.
READ MORE: Sony controls vehicle 2,500km away via 5G
The parties will develop and pilot a 5G-enabled smart factory use case for the innovation centre's intelligent manufacturing platform, and potentially scaling it up for deployment across Hyundai's 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 monitor the telemetry, or automatic data transmission, of the batteries' real-time status and performance. The data-driven insights can enhance the EV's reliability, advancing Singapore's EV ecosystem and Smart Nation vision of connected and sustainable mobility solutions.
Present at the signing ceremony were the innovation centre's senior vice president Hong Bum Jung and Singtel's group enterprise (government and large enterprise) managing director Andrew Lim.
