1 This year’s orders for urban renewal projects to reach three trillion won
Hyundai E&C to redevelop Macheon District 4
Hyundai E&C has received green light to solidify our no.1 position in the redevelopment market for three consecutive years with a cumulative order for urban renewal projects almost reaching three trillion won this year.
Hyundai E&C has been selected to redevelop Macheon District 4 of the Geoyeo-Macheon New Town project which is the only new town project in three districts located in the southern part of the Hangang River. The Macheon District 4 project, valued at 383.4 billion won, aims to build 10 apartment buildings of 33 floors above ground and three basement levels, and various community facilities.
The Geoyeo-Macheon New Town project is expected to turn the area into a key residential district in the southeast area of Seoul by establishing an integrated life zone along with the neighboring Wirye New Town. Notably, Macheon District 4 will gain better accessibility to the southern part of the capital, as Seongnae Line Tram, slated to be completed in 2023, will be connected with Macheon Station of Seoul Subway Line 5, Bokjeong Station of Seoul Subway Line 8 and Bundang Line, and a highly anticipated, new station of Wirye-Sinsa Line.
Hyundai E&C will cooperate with SMDP, an innovative global design studio, to successfully construct the new apartment complex to be named THE H Cloud.
2 Hyundai E&C receives the highest grade in the 2020 Win-Win Growth Index
Hyundai E&C has been selected as “Excellent,” the highest grade, in the 2020 Win-Win Growth Index evaluation announced by the Korea Commission for Corporate Partnership
The Win-Win Growth Index refers to an index that quantifies the degrees to which about 200 domestic conglomerates share their growth with small and medium-sized companies.
In this evaluation, our company was given the highest grade and chosen as the “best honorary company” by receiving high scores in all categories such as fair trade, win-win cooperation and partner companies’ sensibility. The “best honorary company” is considered the highest honor that can be gained only by achieving the highest grade for three consecutive years in the evaluation, which demonstrates that Hyundai E&C’s activities promoting shared growth with our partner companies are recognized as the highest level in this area.
Hyundai E&C has been operating a wide range of shared growth activities with a focus on fair trade compliance and support for shared growth.
3 Hyundai E&C selected as the finalist at the IDEA Design Awards 2021
Hyundai E&C has been chosen as the finalist for the “The Gate, Tangent” at the International Design Excellence Awards (IDEA) 2021, one of the most prestigious three design awards in the world.
The Gate, Tangent in THE H Xi Gaepo is a media-based main gate created in collaboration between Hyundai E&C taking the lead in premium residential culture and Korea’s leading media artist Park Je-sung, a professor of Seoul National University.
At home, Hyundai E&C’s seven entries have been awarded at the Good Design (GD) Awards 2021 organized by the Ministry of Trade, Industry and Energy.
4 HMG launches Factory Safety Service Robot, first project with Boston Dynamics
Hyundai Motor Group (the Group) on September 17 introduced Factory Safety Service Robot (hereafter referred to as the Robot), a robot for industrial site safety, and announced its pilot operation at Kia’s plant in South Korea. The Group has also released a video of the Robot on its YouTube channel.
The Robot is based on Boston Dynamics’ quadruped robot, Spot, with applied artificial intelligence (AI), autonomous navigation, teleoperation technologies, and computing payload (AI Processing Service Unit) developed by the Group’s Robotics Lab for the Robot’s usage in various industrial tasks.
“The Factory Safety Service Robot is the first collaboration project with Boston Dynamics. The Robot will help detect risks and secure people’s safety in industrial sites,” said Hyun Dong-jin, Head of Hyundai Motor Group Robotics Lab. “We will also continue to create smart services that detect dangers at industrial sites and help support a safe work environment through continuous collaborations with Boston Dynamics.”
With an integrated thermal camera and 3D LiDAR, the Robot is able to detect persons around it, and monitor high-temperature situations and potential fire hazards.
5 Hyundai Motor signals carbon neutral commitment through new “Expecting Generation One” campaign
Hyundai Motor Company today launched a global campaign, “Expecting Generation One,” with the online premiere of a short film signalling its commitment to fighting climate change and achieving carbon neutrality in order to secure a habitable world for future generations.
The campaign reinforces Hyundai Motor’s recent declaration at the 2021 IAA Mobility Show in Germany that it aims to achieve carbon neutrality in its products and global operations by 2045 through clean mobility, next-generation platforms and green energy. Hyundai Motor plans to roll out more customer communications for “ Expecting Generation One” throughout the remainder of the year.
“With this campaign, Hyundai aims to build consensus with customers about the value of planning for future generations,” said Thomas Schemera, Global Chief Marketing Officer and Head of Customer Experience Division of Hyundai Motor Company. “Our action is not just for us living in the present, but also for all future generations, including the ecosystems of our precious planet.”