South Korean carmaker Hyundai Motors is using SK Telecom’s smart energy and Internet of Things (IoT) systems in a bid to save five million sq m per year in energy costs at its Ulsan factory, which makes 6,000 vehicles per day. Sensors will monitor energy consumption at the $2m factory, and SK has also built a liquefied natural gas combined heat and power plant to produce 11 million kWh per year and replace the factory’s existing diesel plant. Hyundai says it will also save $5m per year updating equipment as part of the SK deal.
South Korean carmaker Hyundai Motors is using SK Telecom’s smart energy and Internet of Things (IoT) systems in a bid to save $2m per year in energy costs at its Ulsan factory, which makes 6,000 vehicles per day. Sensors will monitor energy consumption at the five million sq m factory, and SK has also built a liquefied natural gas combined heat and power plant to produce 11 million kWh per year and replace the factory’s existing diesel plant. Hyundai says it will also save $5m per year updating equipment as part of the SK deal.