Hyundai partners with Georgia Tech for research on future of sustainable mobility

MANILA: Hyundai Motor Group and Georgia Tech inked a memorandum of understanding to work together on studies and applications that will promote the advancement of sustainable mobility.

The areas of collaboration include creating a hydrogen economy, workforce development, and developing smarter, more sustainable cities.

Hyundai Motor Group is investing $12.6 billion in electric vehicle and battery production facilities in Georgia. This includes the $5-billion battery production facility joint venture with SK On in Bartow County, which will create jobs for about 3,500 people, and the $7.59-billion Hyundai Motor Group Metaplant America (HMGMA) site in Bryan County, which will generate more than 8,500 direct employment. The close proximity to these facilities to Georgia Tech was a key factor when selecting the locations.

“Like Georgia Tech, Hyundai is a global brand that is synonymous with quality, innovation, and a commitment to advancing technology to make a positive difference in the world. The more we have gotten to know each other, the more obvious the alignment of our values has become. I am grateful for the transformative investments Hyundai is making in our state, and I am proud that the Hyundai brand will feature prominently on our campus. I look forward to working with Hyundai leaders to deepen our partnership as we work to develop exceptional leaders and produce new ideas that will shape the automotive industry and advance mobility in the future,” Georgia Tech President Angel Cabrera stated.

According to a recent study by the Center for Automotive Research, Hyundai Motor Group's automotive operations supported the economy of the United States by contributing $20.1 billion and 190,000 jobs in 2021 alone. The study estimates that Hyundai's investments in Georgia will lead to the creation of close to 40,000 jobs and an annual increase of $4.6 billion in individual earnings.

“Georgia is like a second home to us. We are a mission-driven organization with a very compelling point of view about the future. We feel a great responsibility to contribute to a sustainable future in which all humankind can live safely and healthily while enjoying freedom of movement,” Hyundai Motor Company President and Chief Executive Officer Jay Chang said.

The partnership between Hyundai and Georgia Tech also includes field-naming recognition at Bobby Dodd Stadium, which is now called Bobby Dodd Stadium at Hyundai Field.

Photos from Hyundai Motor Group

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