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Hyundai Motor Opens Hyundai Cradle Tel Aviv in Israel

Hyundai Motor Opens Hyundai Cradle Tel Aviv in Israel

SEOUL, Nov. 7 (Korea Bizwire) — Hyundai Motor Co. announced on Tuesday the launch of Hyundai Cradle Tel Aviv, an open innovation center, in Israel. Hyundai Cradle will begin making strategic investments in AI startups in Israel and will engage with companies possessing cutting-edge technology. Hyundai Cradle is Hyundai Motor’s third global open innovation center [...]

Hyundai and SK Networks Cooperate to Establish High-speed Electric Car Charging Station

Hyundai and SK Networks Cooperate to Establish High-speed Electric Car Charging Station

SEOUL, Nov. 1 (Korea Bizwire) — Hyundai Motor Co. and SK Networks Co. have joined hands to create new infrastructure for the establishment of an electric car charging station. Hyundai revealed yesterday that it had signed an MOU with SK Networks that would make this possible. According to the MOU, Hyundai will develop high-speed electric [...]

Hyundai to Set Up $100 mln Hydrogen Fund in China

Hyundai to Set Up $100 mln Hydrogen Fund in China

SEOUL, Oct. 29 (Korea Bizwire) — Hyundai Motor Co. has partnered with a Chinese institute to set up a US$100 million fund for local investments in hydrogen technologies and related industrial infrastructure, the company said Monday. Hyundai Motor and the Beijing-Tsinghua Industrial R&D Institute have kicked off the Hydrogen Energy Fund, with venture capitalists from [...]

Seoul to Add 3,000 More Hydrogen Cars by 2022

Seoul to Add 3,000 More Hydrogen Cars by 2022

SEOUL, Oct. 25 (Korea Bizwire) — The Seoul Metropolitan Government announced on Wednesday that it plans to supply 3,000 additional hydrogen fuel cell cars by 2022 and add four more hydrogen stations by 2021. Hydrogen cars, unlike conventional vehicles, are not equipped with internal combustion engines. As such, hydrogen cars don’t emit air pollutants, but [...]

Hyundai Motor Invests in U.S. Neuroscience Startup

Hyundai Motor Invests in U.S. Neuroscience Startup

SEOUL, Oct. 10 (Korea Bizwire) — Hyundai Motor Co., South Korea’s largest carmaker by sales, said Wednesday it has invested in a U.S. neuroscience startup in a move to develop automated vehicles. The strategic investment in Perceptive Automata aims to allow Hyundai Motor to secure artificial intelligence-related technologies which could be utilized in the fields [...]

Perceptive Automata Announces $16M in Series A Funding Led by JAZZ Venture Partners to Advance Human Intuition for Self-driving Cars

Perceptive Automata Announces $16M in Series A Funding Led by JAZZ Venture Partners to Advance Human Intuition for Self-driving Cars

SOMERVILLE, Mass., Oct. 9 (Korea Bizwire) — Perceptive Automata, the leading provider of human behavior prediction software for machines, announced today that it has raised $16 million in Series A funding. The oversubscribed round was led by JAZZ Venture Partners with participation from Toyota AI Ventures, Hyundai Motor Company, and existing investors First Round Capital [...]