Hyundai Motor has signed an MOU with Technion and KAIST

‘HTK Consortium for Future Mobility Research’ to accelerate developments in autonomous driving, cyber security, and artificial intelligence

Hyundai Motor has entered into a memorandum of understanding with Technion – Israel Institute of Technology and KAIST (Korea Advanced Institute of Science and Technology) to conduct joint R&D projects around future mobility technologies. The company and the globally renowned institutes will work together with a collective goal to quickly and effectively respond to rapidly changing needs and environments associated with the automotive industry.

The newly-signed agreement will see the company and the universities form the ‘HTK Consortium for Future Mobility Research’, to do research to accelerate developments in advanced future technologies, beginning with autonomous driving, cyber security, and artificial intelligence over the coming years.

Hyundai Motor will also call on Technion’s significant experience and expertise in working with start-ups, with the Israeli tech institute acting as bridge between Hyundai Motor and emerging companies. The HTK Consortium will discover and incubate prospective start-ups in Israel, providing the support and consultation they need to bring their products and technologies to the market.

Source: Technion