Hyundai to Establish Mobility Global Innovation Center in Singapore

Hyundai to Establish Mobility Global Innovation Center in Singapore

By • on March 31, 2020

The Green Car Congress website reported that Hyundai  will  establish a Hyundai Mobility Global Innovation Center in Singapore (HMGICs) to accelerate its innovation efforts, with support from the Singapore Economic Development Board (EDB). HMGICs will become Hyundai’s global open innovation hub. The lab, through open innovation on multiple fronts,

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Open Innovation in the Global Automotive Ecosystem

Open Innovation in the Global Automotive Ecosystem

By • on January 7, 2020

The Yahoo Finance website reported that today’s global automotive ecosystem is defined through collaborative efforts, not just from automotive manufacturers and suppliers, but by the integration of technology from multiple sources. Leading global automotive supplier Cooper Standard understands

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Hyundai Motor to Connect Vehicles

Hyundai Motor to Connect Vehicles

By • on January 10, 2019

The Korea Joongang Daily website reported that to bolster open innovation, Hyundai has been setting up global open innovation centers to collaborate with foreign start-ups. Already there are three centers, established in Korea, the United States and Israel. Two more centers are set to be established,

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Renault-Nissan-Mitsubishi to Invest Up To $1 Billion in Open Innovation

Renault-Nissan-Mitsubishi to Invest Up To $1 Billion in Open Innovation

By • on January 11, 2018

The Markets Insider website reported that Renault-Nissan-Mitsubishi, the world’s leading automotive alliance, has announced the launch of Alliance Ventures, a new corporate venture capital fund that plans to invest up to $1 billion to support open innovation over the next five years. In its first

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Open Innovation for the Electric Vehicle Market

Open Innovation for the Electric Vehicle Market

By • on June 23, 2015

The IPWatch website reported that Ford has announced that they wish to promote innovation and increase the rate of adoption of Electric Vehicle technology by licensing their patents. “Innovation is our goal,” said Kevin Layden, director, Ford Electrification Programs. “By sharing ideas, companies

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