Hyundai Motor Group Partners with Indian Institutes of Technology for Advancements in Batteries and Electrification
Key Ideas
- Hyundai Motor Group has collaborated with IIT Delhi, IIT Bombay, and IIT Madras to establish the Hyundai Centre of Excellence (CoE) for research in batteries and electrification, focusing on India's market requirements.
- The establishment of the CoE includes a $7 million investment over five years for joint research with the IITs, aiming to drive advancements in software, hydrogen fuel cells, and other related areas.
- The partnership extends to building an electric vehicle ecosystem in India, involving collaborations with the Centre for Automotive Research and Tribology (CART) at IIT Delhi, and promoting technical exchanges between Korea and India.
- The Hyundai CoE will facilitate academic-industrial cooperation tasks, technical and human exchanges, and the development of India-specific products, contributing to Hyundai Motor Group's presence and capabilities in India's automotive sector.
Hyundai Motor Group has partnered with three prestigious Indian Institutes of Technology – IIT Delhi, IIT Bombay, and IIT Madras – to establish the Hyundai Centre of Excellence (CoE) for collaborative research in batteries and electrification. The CoE, to be located on the IIT Delhi campus, aims to drive advancements in technologies tailored to the Indian market. With a significant investment of $7 million over five years, starting from 2025, the collaboration will not only focus on batteries and electrification but also expand into software and hydrogen fuel cells.
The joint efforts between Hyundai Motor Group and the IITs also aim to contribute to the development of an electric vehicle ecosystem in India. This collaboration involves partnering with the Centre for Automotive Research and Tribology (CART) at IIT Delhi, which is a pivotal EV-related research institute in the country. Additionally, the Hyundai CoE will facilitate exchanges between experts from Korea and India to promote knowledge sharing and innovation.
The agreement signed at a ceremony in IIT Delhi marks the beginning of a strategic alliance that will foster academic-industrial cooperation tasks, technical exchanges, and the development of products specific to India's requirements. Hyundai Motor Group sees this partnership as a crucial step in strengthening its commitment to the Indian market and enhancing its capabilities in advanced technologies. The establishment of the Hyundai CoE signifies a significant move towards driving innovation and future growth in the field of batteries and electrification within the Indian automotive sector.
Topics
Fuel Cells
Innovation
Electric Vehicles
Partnership
Research Collaboration
Academic Exchange
Technology Development
Academic-industrial Cooperation
Automotive Research
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