Home > Industry News

Title Hyundai to invest $5m in US center for mobility
Write admin Date 2017-10-25 Hit 503
Hyundai Motor Group said Wednesday it will invest $5 million in a US vehicle research and development center, a move aimed at helping it develop next-generation automotive technologies.

The South Korean automaking conglomerate has made the investment decision to seek cooperation in next-generation car technologies and test the technologies at a large-scale R&D and test center being built by the American Center for Mobility in Ypsilanti Township, Michigan.
As global carmakers, such as Ford Motor Co. and Toyota Motor Corp., also joined the project, Hyundai Motor Group aims to expand its technology partnership with such companies, Hyundai said in a statement.

The group, which has Hyundai Motor Co. and Kia Motors Corp. under its wing, plans to test autonomous vehicle technology, such as sensor technology, communication between vehicles and infrastructure, and how connected vehicle systems work in various weather conditions, the statement said.

Hyundai is participating in the $135 million ACM R&D and test center project as a founding-level sponsor. This is expected to allow the carmaking business groups to join the nonprofit organization's government-industry team, which will work to create government standards and regulations regarding next-generation vehicles, the company said.

The construction of the R&D center, which includes the creation of a 2.5-mile highway loop with on- and off-ramps, and a 700-foot curved tunnel will be completed by the end of 2019, it said.
No Title Write Date Hit
359 Monthly sales of Renault Samsung¡¯s QM6 surge 50% .. admin 2019-12-17 42
358 Sales of Kia's K series sedans to surpass 5.5 m un.. admin 2019-12-17 28
357 Hyundai¡¯s Sonata named best sedan in Saudi Arabia.. admin 2019-12-17 41
356 Hyundai Motor jumps into Indonesian ride-hailing m.. admin 2019-12-17 21
355 Renault Samsung to launch six models in 2020 to re.. admin 2019-11-14 64
354 Kia reveals new K5 sedan exterior admin 2019-11-14 59
353 Hyundai Motor invests in hydrogen tech companies o.. admin 2019-11-14 50
352 Hyundai and Kia Motors awarded Platinum in 2018 LA.. admin 2019-07-29 191
351 Hyundai, Kia sell over 90m vehicles outside S. Kor.. admin 2019-07-29 161
350 Hyundai Motor Group¡¯s US sales on rise for 11 mon.. admin 2019-07-29 136
  1 2 3 4 5