Speaking Of Asia

Hyundai in Singapore is a peep into the future

The Korean carmaker’s plan to build electric vehicles here shows a grasp of not just tech but also market and even geopolitical trends.

An artist's impression of the Hyundai Motor Group Innovation Centre in Jurong, to be completed by end-2022.
An artist's impression of the Hyundai Motor Group Innovation Centre in Jurong, to be completed by end-2022. PHOTO: HYUNDAI GROUP
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"South Korea also must seek to fully partner with Asean as the Fourth Industrial Revolution gathers momentum. The country has led the Bloomberg Innovation Index in recent years and has much to offer the region as it copes with change. The new landscape of automation and additive manufacturing offers Korean companies opportunities to look beyond traditional investment destinations based on market size and wage-competitiveness to a new climate where efficient logistics and expertise in high-tech manufacturing will be key."

- Speaking of Asia, June 2017.

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