The Korean auto conglomerate has teamed up by signing a memorandum of understanding with two universities from Korea (KAIST) and Israel (Technion) to jointly carry out research on future mobility technologies. This newly-signed agreement forms the ‘HTK Consortium for Future Mobility Research’.
Mobility technologies are a hot topic in the transport sector and in Israel’s tech hubs. The research will take place at the Technion campus and will focus on areas like self-driving system, cyber security and AI. They will then gradually focus on other sectors.
Hyundai Motor may also call on the Technion’s significant experience and expertise in working with startups, to act as bridge between Hyundai Motor and emerging companies.