Hyundai established a ‘carbon-neutral joint research lab’ with five domestic universities

On July 26, Hyundai Motor Group held a ceremony at Rolling Hills Hotel in Hwaseong City, Gyeonggi-do, where officials from Kyungpook National University, Gongju National University, Korea Transportation University, Korea Institute of Energy Technology, Hanyang University, and Hyundai Motor Group gathered to establish ‘Carbon Neutral Joint Research Lab’. By 2026, the lab will be working on technologies to capture carbon from the air and convert it into materials or energy. Hyundai realized that in order to achieve carbon neutrality in 2045, it would have to work to directly capture CO2 from the atmosphere and convert it into useful energy. The lab was divided into two sections: Direct Air Capture (DAC) and CO2 Utilization. After securing the basic technology, the lab aimed to build a business model by developing mobile carbon capture devices that can be mounted on vehicles and large-scale fixed module systems that can be utilized in businesses and buildings. 

“Time with Pony” photo contest

Hyundai Motor Company announced the successful conclusion of the “Time with Pony” photo contest, which was held on Saturday, July 22, to reminisce with customers about the history of Korea’s first domestic car, Pony. 

The company received more than 3,600 entries and stories between June 1 and July 9, announcing the winners on July 15, and the final awards on July 22. The grand prize went to Ms. Symphony, named for her father who loved Pony cars, who submitted a photo and a story about her lifelong love affair with Ponies. Of the seven winners, the grand prize winner received an IONIQ 5, the second prize winner received a three-day, two-night stay at Jeju Haevichi Hotel, and the third prize winner received a Pony merchandise set. Some of the submitted photos will be unveiled at Hyundai Motorstudio Seoul, where the “Pony Time” exhibition will be held from Friday, June 9 through Sunday, October 8.