Hyundai Motor Company and Kia Yangjae-dong headquarters. random news
Hyundai Motor Group suddenly fired its chief technology officer (CTO), who had been appointed for just six months. Hyundai Motor Chairman Chung Eui-sun is understood to have inspired the entire group to develop future mobility by breaking away from the traditional car development system centered on the Namyang Research Institute. Hyundai Motor and Kia issued a press release on the 28th, saying, “We are pursuing a comprehensive R&D organization reorganization to actively respond to the rapidly changing global mobility market environment and to reinforcing future mobility research and development capabilities across the company.” In addition, it was announced that Chief Technology Officer (CEO) Kim Yong-hwa has stepped down from the front line and been appointed as an advisor, without announcing the appointment of a successor. President Kim Yong-hwa was promoted from vice president to president last June and has been responsible for overseeing the research and development organization of Hyundai Motor Company and Kia Motors. At the time, Hyundai Motor Company and Kia announced that they would change their Research and Development headquarters from a centralized form focused on developing finished vehicles to an alliance of independent organizations. The plan was to establish a separate global software center (42dot), an organization under the Chief Technology Officer, Global Strategy Office (GSO), and Software Based Vehicle (SDV) headquarters. However, Hyundai Motor Company revealed in June that the reorganization was insufficient, saying, “It pointed to the lack of consistency in innovation strategies resulting from organizational dispersion and dual leadership, and the complexity of the cooperation system as factors that slows down the pace of research. and development.” An official with knowledge of the situation at Hyundai Motors said, “There is concern internally at Hyundai Motors that it is difficult to release an innovative car like Tesla with the current car development organization. “For this reason, we have been exploring ways to strengthen our efforts by creating a separate development organization that investigates innovative areas.” It is known that President Kim Yong-hwa, who leads the Namyang Research Institute, has reported several times on a plan to reorganize the research and development institute, but it failed to meet Chairman Chung Eui-haul’s plan. The Namyang Research Institute is in a troubled mood due to the unprecedented early retirement of the head of the research and development institute. On the other hand, Song Chang-hyeon, head of Hyundai Motor Company’s Software Vehicle Division and CEO of 42dot, is in an energetic mood. On the 22nd, CEO Song announced his participation in the Consumer Electronics Show (CES), which will be held in the United States in January next year, and said, “Vehicles must be developed with a focus on software,” adding, ” Converting the vehicle’s current hardware-centric structure to a software-centric one where hardware and software are separated “It’s possible when we do it,” he said. The direction of next year’s research and development organization reorganization announced by Hyundai Motors and Kia on this day is similar to this. Hyundai Motor and Kia said, “We plan to break away from the traditional vehicle development paradigm and establish a new innovative research and development organization that will lead the integration of next-generation software-hardware architecture optimization and disruptive cost innovation efforts.” Hyundai Motor Company and Kia announced that a detailed organizational reorganization and the appointment of a successor to the Chief Technology Officer will continue in January next year. Reporter Choi Woori ecowoori@hani.co.kr
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