Hyundai Motor Group signed a collaborative research agreement with Nanyang Technological University, Singapore (NTU) in the field of new energy. The partnership will encompass a three-year research collaboration, focusing on the areas of hydrogen energy business and advanced energy systems.

This collaboration between the Group and NTU aims to take a step closer to achieving carbon neutrality. The focus of the partnership will be on developing alternative energy sources leveraging the Group’s advanced energy technologies that are suitable for Singapore's unique characteristics.

As a city-state, Singapore faces challenges in achieving carbon neutrality due to its limited natural resources and heavy reliance on natural gas, accounting for 95% of its power generation. Singapore is expected to see a growing role for hydrogen energy and advanced energy systems in its efforts to achieve carbon neutrality.

One of the key areas of focus will be studying the adoption of hydrogen production technologies and businesses in Singapore. This includes the implementation of Hyundai Motor Group’s innovative resource-cycle hydrogen production technologies: Plastic-to-Hydrogen (P2H) and Waste-to-Hydrogen (W2H) systems. W2H utilizes organic waste such as food and sewage sludge to produce hydrogen, while P2H utilizes non-recyclable plastic.

In the field of advanced energy system research, the Group and NTU have set their sights on developing a solution that is well-suited for urban countries such as Singapore. The advanced energy system offers the advantages of easy installation and high safety levels thanks to its modular design, playing a vital role in achieving carbon neutrality in Singapore.

The Group is also establishing a tripartite research center with NTU and the Agency for Science, Technology, and Research (A*STAR). The Corporate Lab Program is set to conduct research in innovative manufacturing domains such as AI, robotics and 3D printing.