Georgia Tech and Hyundai Motor Group sign MoU for Future Mobility Collaboration

Georgia Tech and Hyundai Motor Group (the Group) today signed a memorandum of understanding to collaborate on research and applications to support the future of sustainable mobility, including developing a hydrogen economy, workforce development, and making cities smarter and more sustainable, among many other areas of cooperation. The Group is investing $12.6 billion in new dedicated electric vehicle and battery manufacturing facilities in Georgia. The investment includes the $7.59 billion Hyundai Motor Group Metaplant America (HMGMA) site in Bryan County, Georgia that will create more than 8,500 direct jobs and the $5 billion battery manufacturing facility joint venture with SK On in Bartow County, Georgia that will employ approximately 3,500 people. The proximity of these facilities to Georgia Tech was one of the important considerations in deciding their locations. The collaboration with Georgia Tech builds upon the Group’s long history in Georgia. The Kia Georgia’s West Point assembly plant, established under the leadership of Honorary Chairman Mong-Koo Chung and Executive Chair Euisun Chung, began vehicle production in 2009. University System of Georgia Chancellor Sonny Perdue, participating in the HMG-Georgia Tech MOU ceremony, was the Governor of Georgia at the time of the Kia Georgia plant’s opening. Also, a recent study