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LIFE CARE IS REGISTERED MAGAZINE IN RNI, NO.GUJGUJ/2015/71283
Reading: Hyundai Motor Group Welcomes Startups for 2025 ZER01NE Accelerator First Half Open Call
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Copyright © 2015 - 2024 LifeCareNews Network. All Rights Reserved. LIFE CARE IS REGISTERED MAGAZINE IN RNI, NO.GUJGUJ/2015/71283
Automobile

Hyundai Motor Group Welcomes Startups for 2025 ZER01NE Accelerator First Half Open Call

TheNewsMarketTeam
Last updated: 18/02/2025 12:52 AM
TheNewsMarketTeam
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  • Hyundai Motor Group invites startups to apply for the 2025 first-half innovation program to collaborate with Hyundai and Kia on future technologies
  • Startups can apply to one of six projects under three different tech themes, including Mobility, Sustainability and Logistics
  • Submissions are to be accepted from February 17 to March 9, and results will be announced in April

Hyundai Motor Group (the Group) announced its 2025 first-half ZER01NE Accelerator program, an open innovation platform that seeks to foster collaboration between startups and the Group on various projects. The program aims to identify valuable startups and explore the potential strategic use of their innovative technologies.

Startups can apply to one of six global projects proposed by the Group’s internal teams under three key themes: Mobility, Sustainability and Logistics. Each startup is limited to one specific project.

The Group’s organizations that are responsible for technology developments are directly involved in reviewing and recruiting the applicants for each project. Only registered corporations will be eligible for consideration and can submit their proposal on the official application website from February 17 to March 9. Results will be announced in April.

Selected startups will be provided with a project development budget and could be evaluated for equity investments.

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Since the Group introduced the ZER01NE Accelerator in 2018, 170 business units within 11 affiliates of the Group and 195 startup cohorts from various affiliates of the Group and countless startups have worked together on collaborative projects. This has led to many startups successfully receiving equity investments from the Group.

Last year, several global startups were selected and are currently engaged in collaborative projects focused on Mobility, Sustainability and Logistics.

More details about the ZER01NE Accelerator can be found on the program’s official website and application guide.

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