Hyundai: Undertakes Building New Electric Vehicle Pivot (Hub) in Singapore
On Tuesday, the Hyundai Motor Co started manufacturing on a research and development center in Singapore that will provide accommodation or house a small-scale ‘electric vehicle’ building facility. The Hyundai Motors (Hyundai Motors Co) is a South Korean (multinational automotive constructor) whose head office is in Seoul. The company operates the world’s largest automotive manufacturing premises.
According to Bloomberg, the Singapore Prime Minister Lee Hsien Loong said that the facility may manufacture up to 30,000 ‘electric vehicles’ (EV’s) yearly by 2025 and the Hyundai Motors Group will do an investment of S$400 million ($294 million) in a new innovation centre in Singapore.
Moreover, Singapore is one of the world’s most extortionate places to buy a car and doesn’t currently have any auto manufacturing dimensions, but the prosperous city-state has set out progressive plans to phase out “petrol vehicles” by 2040.
In a statement, the Hyundai Motors Group said its new Singapore facility aims and points to be carbon neutral by using hydrogen and solar energy and will make use of technologies such as AI (Artificial Intelligence) and Robotics. Also, there will be a test drive track included for the customers.
Besides, the seven-story building, where the Hyundai Motor Group will work on developing big data, artificial intelligence (AI), and other technologies to intensify its manufacturing processes, is expected to be completed by the end of the year 2022.
The Hyundai will, however, ‘instill human-centered values’ in all stages of a car’s life, from ordering and production to the test drive and is also individually developing flying cars and framing a full line-up of aerial machines that it predicts twisting and turning city skies within a decade.
Lastly, the center will also have a 620 meter (0.4 miles) driving track near its roof so that customers can test-drive automobiles.
