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Hyundai Motor Group announces accelerator program for tech startups




Hyundai Motor Group announces accelerator program for tech startups

Hyundai Motor Group announced the 2020 ZER01NE Accelerator. It is an open innovation platform that facilitates collaboration between startups and group internal teams on a variety of projects.

This program discovers valuable startups and develops strategic possibilities for using their new technologies.

Various teams within the group have developed a total of 50 ZER01NE accelerator projects on 10 topics including data, user experience, human-machine interface, mobility, cargo, robotics, smart factories, logistics, healthcare and materials.

Who can participate?

A legally registered startup with an interest in the fields of artificial intelligence, smart mobility, smart cities, new energy and robotics. Those who are interested can only apply for one of these projects. The team responsible for technology development is directly involved in reviewing and hiring new companies for collaboration.

From November 16th to December 27th, you can apply on the official application website. Results will be announced in early February 2021.

The selected startup receives a budget for the development of the project. The Group will also consider the potential for capital investment between selected companies.

Since the introduction of ZER01NE Accelerator in 2018, eight group affiliates and 54 startups have participated in the program, resulting in 48 joint projects and equity investments in 35 startups.

Related: TIC Americas 2021: Opportunity to expand business Hyundai Motor Group announces accelerator program for tech startups

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