PSA Cargo Solutions (SEA) and Hyundai Motor Group have signed a memorandum of understanding (MoU) to co-innovate supply chain and cargo mobility solutions through the newly launched Hyundai Motor Group Innovation Center in Singapore (HMGICS).
The strategic alliance will bring together two like-minded organisations to collectively re-imagine and realise the future of intelligent automotive logistics using the HMGICS as an open innovation lab and testbed, according to a statement.
Describing the partnership as “ground-breaking”, SEA and Hyundai Motor Group said they will jointly leverage innovation in automation, smart mobility, data analytics, clean energy and other technologies to deliver “intelligent, agile and resilient and environmentally sustainable supply chain solutions”.
Ong Kim Pong, Regional CEO Southeast Asia, PSA International, said: “Hyundai Motor Group is not only a premier global automotive brand, but also a thought leader and innovator that is shaping the future of mobility.
“HMGICS is a testament to their vision, and PSA is excited to partner with the Group in not only re-imagining the future of automotive logistics, but also powering Singapore’s ascent as a leading epicentre for advanced manufacturing as well as sustainable technologies.”
Jung Hong Bum, Senior Vice-President, Hyundai Motor Group, also commented: “From unmanned Automated Guided Vehicles (AGVs) to the CALISTA platform, PSA boasts an impressive track record in delivering on innovation.
“We are confident that our collaboration with PSA will be a fruitful one, and help reshape how and where mobility devices will be made in the future.”