Hydrogen Energy
Hyundai Motor Group invests 9 trillion won in Saemangeum for AI and robots
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Hyundai Motor Group announced a 9 trillion won investment in the Saemangeum area of North Jeolla Province to build an AI data center, robotics cluster, and hydrogen facilities. The initiative was revealed at an MOU signing ceremony attended by President Lee Jae Myung, who vowed strong government support. The project is projected to create about 70,000 jobs and generate 16 trillion won in economic value.
Hyundai Motor Group signed memoranda of understanding with Singapore's Economic Development Board and Home Team Science and Technology Agency during the APEC summit in Gyeongju to develop low-carbon technologies and future mobility solutions. The partnerships emphasize hydrogen energy, robotics, and electric vehicle demonstration projects. These agreements align with Singapore's Green Plan 2030.