Hanjayeon Partners with Swedish State Research Institute to Strengthen Future Car Technology Competitiveness

Future Mobility R&D Collaboration in Semiconductors, Artificial Intelligence (AI), Big Data, Fuel Cells, and Autonomous Driving

The Korea Automotive Technology Institute (KATECH) is partnering with the Swedish state research institute RISE to jointly conduct research and development (R&D) aimed at strengthening technological competitiveness in future vehicle technologies, including power semiconductors for future cars. On the 8th (local time), Heo Nam-yong, President of KATECH (left), and Finn Sandb?ck, CEO of RISE, signed a memorandum of understanding for business cooperation at the RISE research institute in Stockholm, Sweden.

Photo by Korea Automotive Technology Institute

[Asia Economy Reporter Ki-min Lee] The Korea Automotive Technology Institute announced on the 9th that it will collaborate with Sweden's state-run research institute RISE to jointly conduct research and development (R&D) aimed at strengthening technological competitiveness in future vehicle technologies, including power semiconductors for future vehicles.

On the 8th (local time), Heo Nam-yong, President of the Korea Automotive Technology Institute, and Finn Sandvik, CEO of RISE, signed a memorandum of understanding (MOU) at the RISE research institute in Kista, Stockholm, to enhance cooperation in future vehicle technologies such as automotive semiconductors.

RISE is Europe's largest research organization, established by the Swedish government by integrating over 30 research institutions, including government-funded research centers, to secure world-class technological competitiveness for achieving sustainable development goals.

Following the signing of this MOU, the Korea Automotive Technology Institute and RISE plan to jointly pursue R&D in key future mobility technology fields such as semiconductors for future vehicles, artificial intelligence (AI), big data, fuel cells, and autonomous driving.

Heo Nam-yong, President of the Korea Automotive Technology Institute, stated, "We will cooperate with RISE to secure core future vehicle technologies such as high-efficiency next-generation power semiconductors," adding, "We will expand human, technological, and informational exchanges between institutions to contribute to strengthening domestic future vehicle technological competitiveness."

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