The Hyundai Motor Group has chosen TomTom’s maps and real-time traffic information to support the complete Hyundai car lineup in Europe, the company stated today.
The Hyundai Motor Company and Netflix collaborated on the new auto chase movie “Seoul Vibe,” which features a variety of vintage vehicles from the 1980s. Today marks the film’s global Netflix release.
Hyundai revealed its investment in BOS Semiconductors today. BOS Semiconductors is a fabless firm with headquarters in Korea that creates system-on-chip solutions.
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Korean Automotive Industry
Frequently referred to as Hyundai Motors, the Hyundai Motor Company (Korean: hyeondaejadongca; Hanja: Xian Dai Zi Dong Che ; RR: Hyeondae Jadongchalisten)
In Ulsan, South Korea, Hyundai runs the largest integrated auto manufacturing facility in the world, with a 1.6 million-unit production capacity per year. Around 75,000 employees work for the company internationally. Hyundai sells cars through 5,000 dealerships and showrooms in 193 different countries.
When Hyundai Motor Company acquired 51% of Kia in 1998, the group was created. Hyundai currently controls 33.7% of Kia Motors as of March 31, 2011.
The Hyundai Motor Group said on May 22, 2022, that by the year 2025, it would invest an extra $5 billion in the United States. With the investment, collaboration with US businesses would be strengthened in fields like urban air mobility, autonomous driving, artificial intelligence, and robotics. President Biden made the announcements while on a trip to South Korea.
Taking into account before the day of driverless vehicles
We may be considerably closer to the commercialization of autonomous vehicles. This does not imply that autonomous driving technology is straightforward; on the contrary, it is a collection of very complicated technologies. By working with organizations like Deep Glint for computer vision, Aurora for autonomous navigation software, Opsys Technologies for Lidar sensors, and various control devices, Hyundai Motor Company is preparing for the era of driverless cars.
At CES Asia 2018, Hyundai Motor Company revealed its technological collaboration with Deep Glynt. A Chinese startup called Deep Glint was established in 2013 and focuses on ultra-high resolution camera image technologies with integrated AI. Imaging technology and AI technology are the two broad categories under which vision technology falls. Imaging can be compared to the human eye, which perceives things, and AI can be compared to the human brain, which recognizes objects and motion based on appearance.
With the ability to recognize and examine human face, physical, and behavioral characteristics, Deep Glint is a market leader on a global scale. A person can reportedly be successfully identified by facial traits using Deep Glint’s technology at a distance of 50 meters out of 1 billion different faces in less than a second. In order to determine the physical and mental state of the driver, Deep Glint’s technology is being used by Hyundai Motor Company to develop a personalized connected technology. The carmaker anticipates enhancing the mobility experience through the use of numerous systems, including air conditioning, ambient lighting, audio, infotainment, and other systems.
In order to create a cutting-edge autonomous driving technology, the Hyundai Motor Group is forming strategic partnerships. The American company Aurora, which specializes in autonomous driving technologies, is a significant participant in this partnership. In the realm of autonomous driving, Aurora is a global leader, creating software solutions, a variety of sensor and control technologies, and back-end solutions based on cloud architectures. At the 2018 CES, Hyundai Motor Company and Aurora revealed their plans for collaboration and started working together to develop autonomous driving for the NEXO. Future goals for the partnership include the implementation of cutting-edge autonomous driving technology using the Aurora Driver system.
Attention has also been drawn to the Korean automaker’s partnership with the Israeli firm Opsys Technologies. The Hyundai Motor Group has been working on developing Lidar technologies, popularly known as the “eye of the autonomous automobile,” and last year invested $3 million in Opsys Technologies. The Hyundai Motor Group is also taking part in the Apollo Project, a Chinese autonomous vehicle initiative run by Baidu, and has partnered with Intel and Nvidia to develop an AI-based integrated controller that serves as the “brain of autonomous vehicles.”
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- The HMGICS innovation hub will be the first building to use Hyundai’s Meta-Factory concept when it is finished by the end of 2022.
South Korea and Las Vegas, January 6, 2022 /PRNewswire/ — The world’s premier platform for real-time 3D (RT3D) content creation and operation, Unity (NYSE: U), and Hyundai Motor Company, a pioneer in global mobility, today announced a partnership to collaboratively develop a new metaverse roadmap and platform for Meta-Factory.
Youngcho Chi, President and Chief Innovation Officer of Hyundai Motor Group, Hong Bum Jung, Senior Vice President and CEO of Hyundai Motor Global Innovation Center in Singapore (HMGICS), Jules Shumaker, Senior Vice President, Revenue, Create Solutions, Unity, and Dave Rhodes, Senior Vice President, Digital Twin, Unity, attended the virtual MOU signing ceremony between the two companies.
Through this MOU, Unity joins Hyundai as a strategic partner, advancing Hyundai’s goal of dominating the field of future transportation solutions. The MOU covers simulations for autonomous driving, training and research in AI, and smart manufacturing.
Hyundai’s goal of being the first mobility innovator to construct a Meta-Factory concept—a digital replica of an actual factory—supported by a metaverse platform—will be realized thanks to the alliance. With the use of the Meta-Factory, Hyundai will be able to simulate a factory in order to determine the optimal plant operation and give plant managers access to problem-solving tools without having to travel to the facility.
Hyundai intends to implement the Meta-Factory concept initially at the HMGICS facility in order to support the Group’s ambition to become an open innovation hub for R&D.
Through this world-class Meta-Factory collaboration, HMGICS will transform manufacturing innovation, according to President Chi. And by introducing a variety of technologies that will change the mobility paradigm through human-centered value chain innovation, HMGICS will lead future innovation.
According to John Riccitiello, Chief Executive Officer (CEO), Unity, “Real-time digital twins will profoundly revolutionize how we live, work, shop, and have a beneficial influence on our world.” They are a crucial part of what is frequently referred to as the “metaverse.” The digital twin of factory operations, which is part of Hyundai’s vision for the future, “represents a huge technological advance in production with limitless possibilities in its efficiency.”
Hyundai Motor Company and Kia Corporation Join Forces with Siemens to Transform Digital Mobility
The preferred bidder for the next-generation engineering environment and product data management environment is Siemens Digital Industries Software.
For Hyundai and Kia’s next-generation data management and design environment, Siemens’ NX Software and Teamcenter Software from the Xcelerator Portfolio replace existing solutions and become the industry standard.
Are Hyundai and Kia produced by the same company?
Actually, no. Hyundai is not the same manufacturer as Kia. Since Hyundai Motor Group is their parent firm, they resemble one another more as corporate sisters. Therefore, even though vehicles like the Kia Telluride and Hyundai Palisade have similar platforms and structural elements, they are still distinct brands that can stand alone.
In actuality, Kia’s shareholding by Hyundai Motor Group was reduced by 2013. Both brands continued to produce moving forward within Hyundai Motor Group. In the end, Kia gained fame in the British market. has earned credibility as a mainstream brand in the North American market. Likewise, Hyundai. Every year, each brand receives recognition and prizes.
Since 2015, a number of Hyundai Motor Group entities have been partially owned by Kia. While Hyundai and Kia are not the same manufacturer today, they do share a common objective. The focus should be on mobility’s future.
With whom does Hyundai have a partnership?
- Partnership will launch fresh joint initiatives centered on the switch to clean mobility and carbon reduction.
- Partners intend to launch new service channels abroad and begin working together to expand their energy supply business into EV and FCEV charging services.
Hyundai Motor Firm and Royal Dutch Shell plc, the global energy company known as Shell, have inked a new, five-year global business cooperation agreement.
… but with a fresh mobility twist this time. Online signing took place at the Hyundai Motorstudio in Goyang, Korea.
This time, we’ll work together to implement clean mobility solutions that will advance society. By partnering with Shell, we will maintain our transition to being a provider of smart mobility solutions while maintaining our competitiveness within the automotive sector.
Un Soo Kim, Senior Vice President and Head of Hyundai Motor Company’s Global Operations Division
The cooperation has now been extended a fourth time, through 2026, but this time there is a new emphasis on renewable energy and carbon reduction in response to market developments.
With the new contract, Hyundai is hoping to boost its environmentally friendly production and keep evolving into a Smart Mobility Solution Provider. Additionally, Shell will play a bigger part in offering Hyundai greener mobility options.
Collaborative pioneers who are prepared to act now and create the alignments necessary to provide a cleaner energy future will be needed to accelerate the transportation sector to net zero. We think the greatest way to improve Hyundai’s customer service is by utilizing our knowledge of EV charging and our in-depth insights gained from regular contacts with drivers at our 46,000 retail locations across the world.
The collaboration will work on joint initiatives that reflect this new orientation, such as a scheme to set up new kinds of service channels tailored for mobility service providers, mainly in Asia. Both businesses will also talk about energy supply business partnership plans, like EV and FCEV charging services.
Hyundai and Shell’s extensive partnership is based on a shared goal to use technology to facilitate the energy transition. The global collaboration agreement precludes Hyundai from changing its global aftermarket network’s advice to use Shell lubricants. The two businesses collaborate on research and development projects, such as those for first-fill lubricants to fulfill Hyundai’s unique engine needs. Future projects could include e-Fluids for electric vehicles.
As the Hyundai Shell MOBIS World Rally team strives for a second straight victory, Shell, the No. 1 lubricants supplier in the world for fourteen years running, continues to collaborate with Hyundai Motorsport in the FIA World Rally Championship (WRC) competition. This competition serves as a testing ground for the development of advanced lubricants.
The Hyundai Motor Group Innovation Center in Singapore will have its business operations and production processes digitalized thanks to a cooperation between TeamViewer and Hyundai Motor Company announced today.
The first IVECO eDAILY Fuel Cell Electric Vehicle was launched today at IAA Transportation 2022 in Hannover by Hyundai Motor Company and Iveco Group.
Are Hyundai and Kia partners?
- Co-development of eco-friendly vehicles and other products for logistics, on-demand ride-hailing, and shuttle service providers is made possible by a EUR100 million investment.
- Future Purpose Built Vehicles (PBV) from Hyundai and Kia will be built on Arrival’s scalable “skateboard” platform technology thanks to this partnership.
- In-house software, materials, components, and other technologies have been created by Arrival for the creation of Generation 2.0 electric vehicles.
- boosts Hyundai-commercial Kia’s vehicle rollout strategy for electrified cars
Today, the UK-based electric car startup Arrival and the Hyundai Motor Company and Kia Motors Corporation announced a strategic investment of EUR100 million (US$110 million).
Hyundai and Kia want to launch small and medium-sized electric vehicles, as well as other goods for logistics, on-demand ride-hailing, and shuttle service providers, through their alliance. Arrival, Hyundai, and Kia will investigate using its adaptable electric platform for a variety of vehicle categories and types in order to produce a variety of purpose-built vehicles (PBV).
The alliance with Arrival will speed Hyundai and Kia’s transition from automakers to suppliers of clean mobility by enabling them to address the rapidly expanding demand for green commercial cars in Europe.
At the Hyundai and Kia corporate offices in Seoul, Denis Sverdlovsk, CEO of Arrival, and Albert Biermann, President and Head of Research and Development Division for Hyundai Motor Group, signed a contract for investment and the joint development of electric vehicles. Hyundai will put in 80 million euros and Kia will put in 20 million euros of the overall investment.
The adoption of new environmental rules is likely to cause the market for environmentally friendly vehicles in Europe to expand quickly. We will be able to obtain a competitive edge and gradually solidify our leadership in the worldwide eco-friendly vehicle market, with Europe at the fore. Through our cooperative development of electric commercial cars with Arrival.
B. A. Biermann
President of Hyundai Motor Group and director of research and development
Generation 2.0 electric vehicles are a brand-new product category that Arrival has invented. We share the same vision for a future where electric transportation is the norm with Hyundai and Kia, who have been producing incredible cars of the highest caliber. We will scale Generation 2 electric vehicles internationally and importantly – very soon thanks to our Strategic Partnership with Hyundai and Kia.