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Live2026-10-27 19:10 UTC+34 todayUpdated
HyundaiBy Business

Hyundai Motor Group to Invest KRW 9 Trillion in Innovation Hub for Robotics, AI, and Hydrogen

Hyundai Motor Group has signed an MOU with the South Korean government to build a massive innovation hub in Saemangeum, investing KRW 9 trillion to lead in robotics, AI, and hydrogen energy.

Total Investment
KRW 9 trillion
Direct Jobs Created
79,000
PEM Electrolyzer Capacity
200 MW

What Happened

Hyundai Motor Group announced today it signed an MOU with the South Korean government and Jeonbuk State to establish an innovation hub in the Saemangeum area. The Group plans to invest approximately KRW 9 trillion to build a cutting-edge industrial complex focused on robotics, AI, and hydrogen energy. This initiative aims to integrate advanced AI and hydrogen energy transformation to advance human progress.

“What we're building in Saemangeum will reshape not just a region, but Korea's industrial future. Hyundai Motor Group brings together the manufacturing excellence, AI capabilities, and hydrogen energy expertise needed to establish a truly advanced industrial ecosystem. This is how we translate our commitment to 'Progress for Humanity' into reality.”
— Jaehoon Chang, Vice Chair of Hyundai Motor Group
Five Key Investment Areas
  • AI Data Center Infrastructure (KRW 5.8 trillion)
  • Robotics Manufacturing Cluster (KRW 400 billion)
  • PEM Electrolyzer Plant (KRW 1 trillion)
  • Solar Power Infrastructure (KRW 1.3 trillion)
  • AI Hydrogen Smart City Development (KRW 400 billion)
Project Timeline
  1. February 2026

    MOU signed with government

  2. 2027

    Ground breaking for AI data center and solar infrastructure

  3. 2028

    Start of robotics cluster construction

  4. 2029

    Completion of AI data center, solar power, PEM electrolyzer plant, and robotics cluster

Why this matters

The hub will create tens of thousands of jobs, advance domestic clean hydrogen production, and establish a foundation for physical AI and smart city development, boosting Korea's industrial competitiveness.

Terms in This Story

MOU
Memorandum of Understanding: a non-binding agreement between parties outlining the terms and details of a mutual understanding.
PEM Electrolyzer
Polymer Electrolyte Membrane electrolyzer: a device that uses electricity to split water into hydrogen and oxygen, producing clean hydrogen.
Physical AI
Artificial intelligence that interacts with the physical world, such as in autonomous driving and robotics.
Smart City
An urban area that uses digital technology and data to improve services, efficiency, and sustainability.
Read Original: Hyundai

Summarised from the linked release; details can be imperfect — always verify against the original source.

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