Hyundai, sustainable mobility at the forefront | FormulaPassion – World of Auto

Sustainable mobility, the hydrogen economy and workforce development: these are just some of the areas of cooperation that will be involved. Hyundai and Georgia Tech, the main parties to the signing of the memorandum of understanding expected to lead to a cooperation agreement. A partnership that, says Hyundai, “is based on the collective presence of the Group in the State”intended presence increase your power for months and years to come.

More than 12 billion in investment

A few numbers to understand how high Hyundai’s prospects are in Georgia. The Korean group is actually investing a total of 12.6 billion dollars in the construction of new plants dedicated to the production of electric vehicles and batteries in the American state: among these the project stands out. HMGMAor Hyundai Motor Group Metaplanet America, which will create more than 8,500 new direct jobs, and battery production in a joint venture with SK On, which will instead employ approximately 3,500 people.

Multi-level collaboration

Returning to the memorandum of understanding with Georgia Tech, particularly collaboration occurs in joint research and development programs that focus on. the future of sustainable mobility, including aspects such as battery technology and the expansion of the hydrogen economy. But that’s not all: in the middle of this partnership is also the creation of technical training and leadership development programs offered to the employees of the Korean group, Hyundai’s participation in events recruiting professionals at Georgia Tech and the development of learning programs aimed at undergraduate and graduate students.

Chang speaks

“Georgia is like a second home to us. Ours is a mission-oriented organization with a very open mind for the future. Let’s hear it great responsibility contributing to a sustainable tomorrow in which all human beings can live safe and healthy lives and enjoy freedom of movement – Said Jay Chang, President and CEO, Hyundai Motor Company – On behalf of all of us at the Hyundai Group, we are excited to form a partnership with Georgia Tech that includes research and applications that support the future of sustainable mobility, the hydrogen economy, workforce development and smart cities, as well as many areas of collaboration. . Today is the beginning of that collaboration it will last for decades and this partnership is one of the reasons why we chose Georgia for our investment in electric vehicles.