(News Focus) Hyundai Motor steps up physical AI push amid Chinese competition, stock slump
UIWANG, South Korea, Oct. 18 (Yonhap) -- Seeking to remain competitive against f...
SEOUL, South Korea, Oct. 18 (Yonhap) -- Amid a decline in its share price and a push from Chinese automakers, Hyundai Motor Group is ramping up investments in robotics and physical artificial intelligence. As the world's third-largest automaker grapples with the pressure to enhance profitability in its conventional carmaking business, the company is turning to robotics and AI to drive growth and reduce manufacturing costs.
Hyundai's Uiwang Research and Development Center is developing AI-powered factory systems, logistics robots, and automated vehicle inspection technologies. The company is also collaborating with Nvidia Corp. on Polaris, an AI-powered manufacturing platform, and is working on AI-based inspection systems to reduce reliance on outside suppliers.
These initiatives aim to improve productivity, lower costs, and create a manufacturing environment where AI and robots can handle complex tasks, allowing human workers to focus on higher-value tasks.
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