Hyundai Motor Group has entered into a collaboration with Nanyang Technical University, Singapore (NTU) to conduct research in the realm of new energy, specifically focusing on hydrogen energy and advanced energy systems. The partnership, spanning three years, signifies a mutual effort towards achieving carbon neutrality, with a goal of creating alternative energy sources tailored to Singapore's unique characteristics using Hyundai Motor Group's advanced energy technologies. The signing ceremony, held at the Singapore-Korea Business Forum, brought together key figures from both organizations, including the Presidents and CEOs of Hyundai Motor Company and Hyundai Engineering & Construction, as well as representatives from NTU and government officials from Korea and Singapore. The collaboration will delve into the adoption of hydrogen production technologies like Plastic-to-Hydrogen and Waste-to-Hydrogen systems, which utilize organic waste and non-recyclable plastic to produce hydrogen. Furthermore, the collaborative research will focus on developing advanced energy systems suitable for urban environments, emphasizing easy installation and high safety standards to support Singapore's carbon neutrality objectives. This effort underscores a commitment to innovation and sustainable mobility solutions, aiming to enhance the commercial feasibility of new energy technologies. Hyun Sung Park, Vice President and CEO of Hyundai Motor Group Innovation Center Singapore, expressed optimism about accelerating research in innovative technologies through this partnership.