Hyundai CRADLE News
4 articlesיונדאי מוטור גרופ מחפשת טכנולוגיות ישראליות בתחום החומרים המתקדמים
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Hyundai CRADLE Beijing opens, completing Hyundai Motor Group's global innovation network Automotive World
Hyundai Motor Group has completed its global innovation network with the establishment of Hyundai CRADLE Beijing. The China office is the fifth center in the network and will focus on exploring innovation opportunities and business models in China. Hyundai CRADLE invests in startups and creates partnerships to boost the development of new services and research opportunities. CRADLE Beijing will collaborate with leading ICT companies, startups, government institutions, universities, and investment institutions in China. The goal is to foster disruptive innovation and share innovative solutions globally. Chinas automotive market and startup culture make it an ideal location for Hyundais innovation efforts. Hyundai Motor Group has a track record of technology partnerships in China, including a hydrogen energy fund and investment in a Chinese AI startup.
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Hyundai Inaugurates Israeli Innovation Hub
Hyundai Motor Companys director, John Suh, announced the inauguration of the automakers innovation hub in Tel Aviv, Israel. The company is working to integrate Israeli technologies into autonomous vehicles set to be launched in 2021. Hyundai has already invested in four local companies and two Israeli venture capital funds to gain insight into local knowledge and technologies. The innovation hub initially focuses on investment and strategic collaboration with local startups. Hyundai also announced collaborations with Israels Technion university and Koreas Advanced Institute of Science and Technology (KAIST) for research in autonomous vehicles, cybersecurity, and artificial intelligence. In July, Hyundai invested in autonomous driving communication chipsets developer Autotalks Ltd. Hyundai is cautious about self-driving cars and will not launch an autonomous car until it reaches the highest level of safety.
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growth-positive
Hyundai CRADLE Expands Strategic Roles In Silicon Valley For Hyundai Motor Group
Hyundai Motor Group has announced the launch of Hyundai CRADLE, the Center for Robotic-augmented Design in Living Experiences. The company aims to strengthen its core automotive business and expand into new markets by enhancing transportation technology and innovations. Hyundai CRADLE will focus on strategic venture capital, open collaboration with startups, and early-stage concept development in the areas of robotic and intelligent systems, eco-friendly technologies, mobility services, materials and manufacturing technology, and new vehicle concepts. The company plans to tap into new markets and technologies both externally and internally to drive growth and innovation. Hyundai Motor Group has also announced plans to establish an Open Innovation Center in Israel to research future technologies.
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