News & Updates

Hyundai Motor Group (the Group) organized the 2020 Open Innovation Lounge exhibition at its headquarters in Seoul on Nov. 16-17, featuring inventive new technologies and solutions spawned through joint collaboration between the Group’s staff members and engineers and those of startups from around the world.

The two-day event showcased unique innovations to be potentially incorporated into future vehicles following evaluation of their commercial feasibility by the Group. Vehicles embedded with diverse future-oriented solutions as well as prototypes of solutions were on display, offering an interactive opportunity for experiencing and imagining new possibilities of future automobiles.

Out of the 300 startups, 11 from around the world were chosen through evaluation of their solutions based on the criteria of customer needs and wants, technological feasibility and technological uniqueness. The participating 11 enterprises are: Genswell, Anyractive, PSYCURE, Microsystems, LOOMIA, Eyeris, NextInput, Comfort Motion Global (CMG), FLEXOUND, Maigao and Gauzy.

Hyundai Motor Group will evaluate the feasibility of commercializing the exhibited technologies and solutions in collaboration with its internal teams. The Group accepts new partnerships with startups through its ZER01NE Accelerator homepage (https://zer01ne.zone/program/zer01ne-acc-2020-open-call/) through Dec. 27, 2020, through which proposals for innovative technologies and solutions can be submitted.

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