Georgia Tech and Hyundai Motor Group Sign MoU for Future Mobility Collaboration
- Hyundai is investing $12.6 billion in EV manufacturing and battery production in Georgia, creating over 8,500 direct jobs
- Hyundai's economic impact in Georgia will be tens of billions of dollars and create nearly 40,000 jobs
- Partnership will support research on battery technology and expanding the hydrogen economy
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- The partnership will focus on sustainable mobility, hydrogen economy, and workforce development
- Hyundai Motor Group is investing more than
in EV manufacturing and battery production in$12 billion Georgia - Hyundai's economic impact in
Georgia will be tens of billions of dollars in the years to come and will help create nearly 40,000 jobs - Collaboration builds upon Hyundai Motor Group's long history in
Georgia
The Group is investing
This collaboration builds upon the Group's long history in
Also, a recent study by the Center for Automotive Research reveals that Hyundai Motor's automotive operations contributed
"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," said Georgia Tech President Ángel Cabrera. "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."
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"Hyundai's investments in
Imagine zero emissions hydrogen-powered vehicles here on campus, advanced air mobility shuttling people to
"Globally, we are seeing an unprecedented transformation of the mobility sector as companies move to more sustainable and responsible transportation alternatives.
The elements of the Georgia Tech and Hyundai partnership include:
- Research and Innovation: Hyundai will collaborate with Georgia Tech on joint research and development programs focused on the future of sustainable mobility, including battery technology and expanding the hydrogen economy.
- Workforce Development: Georgia Tech and Hyundai will create technical training and leadership development programming for Hyundai employees and initiate engagement activities to stimulate interest in STEM degrees among students.
- Student Engagement: Hyundai will actively participate in career recruitment events at Georgia Tech and will create learning programs for both undergrad and graduate students.
Hyundai's partnership with Georgia Tech also includes field-naming recognition at Bobby Dodd Stadium, which is now known as Bobby Dodd Stadium at Hyundai Field.
The benefits of the partnership are wide-ranging and substantial for Georgia Tech and the state of
- A vital pathway for Georgia Tech to meet its stated goal of expanding its stature as a leading research entity in the electrification of the automotive industry through its world-class hydrogen research.
- An opportunity for Georgia Tech to more broadly contribute to the state of
Georgia's commitment as a hub for the production of electric vehicles. - New revenue for Georgia Tech Athletics, which, within the ever-changing landscape of intercollegiate athletics, will be vital in providing student-athletes and teams with the resources needed to compete at the highest levels, both athletically and academically.
About Georgia Tech
The Georgia Institute of Technology, or Georgia Tech, is one of the top public research universities in the
About Hyundai Motor Group
Hyundai Motor Group is a global enterprise that has created a value chain based on mobility, steel and construction, as well as logistics, finance, IT and service. With about 250,000 employees worldwide, the Group's mobility brands include Hyundai, Kia and Genesis. Armed with creative thinking, cooperative communication and the will to take on any challenges, we strive to create a better future for all.
More information about Hyundai Motor Group can be found at:
http://www.hyundaimotorgroup.com or Newsroom: Media Hub by Hyundai, Kia Global Media Center (kianewscenter.com), Genesis Media Center
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SOURCE Hyundai Motor Group