Submission Deadline Extended! Due on November 19

NCET2 is working with Hyundai Motor Group (the Group), a global automotive corporation leading the era of electric mobility, to find startups for their 2021 EV Open Innovation Challenge following the successful completion of the EV and Battery Challenge launched in 2020.

Hyundai wants to work with startups to rapidly scale EV charging services in North America.

To support this innovation, Hyundai is offering startups between $50,000 - $200,000 in funding for pilot projects and a chance to work with key decision makers and innovators at Hyundai Motor America, Kia America, Hyundai Glovis and Hyundai Cradle. Successful pilots have the potential for strategic partnerships and follow-on investment opportunities.

The EV Open Innovation Challenge is a program powered by New Energy Nexus to source startups of commercial-ready EV charging products and services to enter into pilot or proof-of-concept projects with industry champions Kia, Hyundai Motor, Hyundai Glovis US, and Hyundai CRADLE. This program is a launchpad to rapidly scale the product offering in North America.

At Hyundai Motor and Kia, our team is working nonstop to embrace a bright future in electrified mobility. We are committed to launch 23 pure EV models and invest $7.4 billion in the US EV industry by 2025. We are thrilled to partner with the startup community to build that future, together.

The EV Open Innovation Challenge recruits startups and entrepreneurs with innovative EV-charging products and services that are ready to scale in North America. The Group organizations that are sponsoring the program include Hyundai Motor Company, Kia Corporation, Hyundai Glovis US, and Hyundai CRADLE Silicon Valley as well as New Energy Nexus.

Startups can apply for one project only under one of nine categories:

  1. Bi-directional charging
  2. Smart charging
  3. Robotics
  4. Infrastructure
  5. In-car payment
  6. Service while plugged-in
  7. Battery management system (BMS)
  8. Gig economy
  9. New technology

Only registered corporations will be eligible for consideration and must apply on the official application website by November 19, 2021.

Apply Here