Automotive industry

Hyundai Motor Group has taken a SIGNIFICANT STEP IN THE DEVELOPMENT OF ADVANCED TECHNOLOGIES by announcing a collaboration with the Indian Institutes of Technology (IIT). This initiative aims to strengthen research in batteries and electrification, with an estimated investment of $7 million between 2025 and 2029. CENTER OF EXCELLENCE AT IIT DELHI The project includes the establishment of the Hyundai Center of Excellence (Hyundai CoE) at IIT Delhi, funded by the company. This center will serve as the hub for developing solutions tailored to the Indian market, focusing on electric vehicles (EVs) and hydrogen battery technologies. The inauguration ceremony at IIT Delhi was attended by academic leaders such as Professor Rangan Banerjee, Director of IIT Delhi, along with representatives from IIT Bombay and IIT Madras, who will work jointly on the project. COLLABORATING TO INNOVATE The Hyundai CoE will not only engage in joint research but also promote knowledge exchange between experts from India and South Korea. Activities will include technical meetings, training sessions in Korea, and lectures delivered by specialists at the IITs. Naksup Sung, Head of Hyundai’s R&D Planning and Coordination Center, highlighted the importance of this partnership: “We are thrilled to collaborate with the IITs, institutions recognized for their academic excellence. We believe this initiative will have a positive impact on talent development and technological innovation.” FOCUS ON SUSTAINABLE TECHNOLOGIES Hyundai Motor Group’s investment aligns with the Indian government’s policies to promote the adoption of electric vehicles and strengthen the sustainable mobility ecosystem. This collaboration involves the Center for Automotive Research and Tribology (CART), a leading institution in EV research in India. Research projects will focus on strategic areas such as advanced software development and hydrogen fuel cell battery technologies. FUTURE IMPACT The collaboration will also enhance the presence of Hyundai Motor India Limited (HMIL) in the Indian market, a key region for the company’s expansion. By prioritizing the development of technologies specific to India, Hyundai aims to establish itself as a leader in innovation and electric mobility in the region. The Hyundai CoE is envisioned as a platform that will not only accelerate technological advancement but also strengthen academic-industrial collaboration and technical training. This joint effort between Hyundai and the IITs marks a milestone in battery and electrification research, laying the groundwork for a more sustainable future in the automotive sector.

inDrive, a renowned mobility platform, has begun operations at Cancún International Airport, becoming the first authorized app to offer this service at a Mexican airport. The strategic partnership with Caribe Taxi Exprés (CTE)includes a fleet of over 300 vehicles to meet transportation demand in one of the most visited regions in the country. A NEW MOBILITY ALTERNATIVE The integration of inDrive into Cancún International Airport marks a significant step in modernizing transportation services. Focusing on safety and accessibility, the platform aims to serve both residents and tourists traveling to and from popular destinations such as the Riviera Maya. Local authorities, led by Quintana Roo Governor Mara Lezama, highlighted that this model strengthens the state as a top-tier destination while promoting responsible tourism. Juan Carlos Ibarra, CTE representative, expressed a commitment to improving mobility experiences in the region through collaborative efforts. A SERVICE TAILORED TO CUSTOMER NEEDS The inDrive operating model stands out by offering flexibility to both users and drivers. Unlike other apps, it does not automatically assign rides, allowing individuals to choose the option that best suits their needs. This approach has positioned inDrive as one of the most popular mobility platforms in Mexico, with operations in over 58 cities across the country. Additionally, the partnership with CTE ensures compliance with local and federal regulations, a critical factor in a region where transportation regulations have sparked ongoing debate. EXPANSION AND RECENT ACHIEVEMENTS The launch in Cancún comes after a year of global expansion for inDrive, which recently celebrated reaching 5 billion rides since its inception in 2012. The platform operates in 46 countries, adapting to the specific needs of each market while prioritizing fair pricing and transparent conditions. In Mexico, the growth of inDrive reflects the rising demand for reliable mobility alternatives. By entering the country’s second-busiest airport, the company reaffirms its commitment to innovation for the benefit of local communities. A PROMISING FUTURE The start of operations at Cancún International Airport marks a milestone for inDrive and opens the door to similar projects at other airports across the country. In a competitive landscape, this partnership with Caribe Taxi Exprés lays the foundation for transforming the transportation experience in one of Mexico’s most important tourist hubs.