Hyundai Motor and Singapore's EDB partner to develop low-carbon and hydrogen solutions

Hyundai Motor Group and Singapore's EDB Collaborate on Low-Carbon Solutions

South Korean conglomerate Hyundai Motor Group (HMG) has signed a memorandum of understanding (MoU) with Singapore’s Economic Development Board (EDB) to explore opportunities for developing low-carbon technologies, including hydrogen solutions.

The EDB will support HMG’s involvement in initiatives that promote these technologies, potentially partnering with local companies and innovation collaborators to advance technological progress.

Background of the Partnership

This collaboration builds upon an already established relationship through the Hyundai Motor Group Innovation Center Singapore (HMGICS), HMG’s first global open innovation hub and testing ground.

Statements from Leadership

Jaeha Park, Vice President and Head of the Global Hydrogen Business Sub-Division at Hyundai Motor Group, said:

“We are excited to collaborate with the EDB to explore new growth areas, including the development of low-carbon technologies. By bringing our cutting-edge expertise in hydrogen technology, this partnership represents a significant step forward in creating a clean energy future for Singapore. We look forward to driving impactful solutions that demonstrate the potential of hydrogen as a cornerstone of global sustainability.”

Zheng Jingxin, Vice President and Head of Mobility at Singapore’s EDB, added:

“This MoU builds on the strong partnership between EDB and Hyundai Motor Group.”

Implications of the Collaboration

Author’s Summary: Hyundai Motor Group and Singapore's EDB strengthen their collaboration to advance hydrogen and low-carbon technologies, aiming to fuel sustainable energy growth in Singapore and beyond.

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Offshore Energy Offshore Energy — 2025-11-03

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