{"669784":{"#nid":"669784","#data":{"type":"news","title":"Hyundai, Georgia Tech Celebrate Partnership With Memorandum Signing","body":[{"value":"\u003Cp\u003EIn front of a standing-room-only crowd inside the John Lewis Student Center\u0027s Atlantic Theater, global leaders from the Hyundai Motor Group and Georgia Tech signed a memorandum of understanding, creating a transformative partnership focused on sustainable mobility, the hydrogen economy, and workforce development.\u0026nbsp;\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003EAs the automaker continues to construct its Metaplant America site in Bryan County \u2014 the cornerstone of Hyundai\u0027s $12 billion investment into electric vehicles and battery production across the state of Georgia \u2014 today\u0027s signing ceremony symbolizes the vision that Hyundai and Georgia Tech share on the road to advancing technology and improving the human condition.\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u0022As a leading public technological research university, we believe we have the opportunity and the responsibility to serve society, and that technology and the science and policy that support it must change our world for the better. These are responsibilities and challenges that we boldly accept. And we know we can\u0027t get there alone. On the contrary, we need travel partners, like-minded innovators, and partners with whom we can go farther, and today\u0027s partnership with Hyundai is a perfect example of what that means,\u0022 Georgia Tech President \u00c1ngel Cabrera said.\u0026nbsp;\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003EThe state of Georgia and the Institute have positioned themselves as \u003Ca href=\u0022https:\/\/news.gatech.edu\/features\/2023\/03\/driving-change\u0022 rel=\u0022noreferrer noopener\u0022 target=\u0022_blank\u0022\u003Eleaders in the electrification of the automotive industry\u003C\/a\u003E. Hyundai is among the top sellers of electric vehicles in the United States as the company aims to produce up to 500,000 vehicles annually at the $7 billion Savannah plant when production begins in 2025. The plant will create 8,500 jobs, and the company\u0027s total investments are projected to inject tens of billions of dollars into the state economy while spurring the creation of up to 40,000 jobs.\u0026nbsp;\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u0022It\u0027s clear, we are in the right place with the right partners,\u0022 Jay Chang, president and CEO of Hyundai Motor Company, said. \u0022When our executive chairman first decided on [the site of] the metaplant, one of the first things he said was, \u0027Make sure we collaborate with Georgia Tech.\u2019 Hyundai and Georgia Tech have a lot in common. We have proud histories. We celebrate excellence, and we have very high standards. What we love about Georgia Tech is the vision to be a leading research university that addresses global challenges and develops exceptional leaders from all backgrounds.\u0022\u0026nbsp;\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003ESpearheading new opportunities for students, the partnership will create technical training and leadership development programming for Hyundai employees and initiate engagement activities to stimulate interest in STEM degrees among students.\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003EJos\u00e9 Mu\u00f1oz, president and global COO of Hyundai Motor Company and president and CEO of Hyundai and Genesis Motor North America, says the company quickly realized the potential impact of the newly forged partnership with Georgia Tech.\u0026nbsp;\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u0022Proximity to institutions like Georgia Tech was one of the many reasons Hyundai selected Georgia for our new EV manufacturing facility. Imagine zero-emissions, hydrogen-powered vehicles here on campus, advanced air mobility shuttling people to Hartsfield-Jackson Atlanta International Airport, or riding hands-free and stress-free in autonomous vehicles during rush hour on I-75 and I-85. Together, Georgia Tech and Hyundai have the resources to fundamentally improve how people and goods move,\u0022 he said.\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003EIn pursuit of sustainability, Hyundai has invested heavily in the potential of hydrogen and plans to lean on \u003Ca href=\u0022https:\/\/research.gatech.edu\/hydrogen\u0022\u003Ethe Institute\u0027s expertise \u003C\/a\u003Eto explore the potential of the alternative fuel source, primarily for commercial vehicles. Hyundai has deployed its hydrogen-powered XCIENT rigs to transport materials in five countries.\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003EUniversity System of Georgia Chancellor Sonny Perdue was on hand for Tuesday\u2019s ceremony. Reflecting on his visits to the company\u0027s global headquarters in South Korea prior to the construction of the West Point, Georgia, Kia plant, he praised the company\u0027s values and world-class engineering ability.\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u0022This is a relationship built on mutual trust and respect. It\u0027s a company, a family atmosphere, and a culture that I respect and admire for the way they do business and honor progress, innovation, and creativity. That is why I am so excited about this partnership between the Hyundai Motor Group and the Georgia Institute of Technology because that will only enhance that,\u0022 Perdue said.\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003EOwned by Hyundai, Kia recently invested an additional $200 million into its West Point facility to prepare for the production of the all-electric 2024 EV9 SUV. The plant currently manufactures more than 40% of all Kia models sold in the U.S.\u0026nbsp;\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003EThe partnership also includes field-naming recognition at Bobby Dodd Stadium, which is now known as Bobby Dodd Stadium at Hyundai Field, and provides student-athletes and teams with the resources needed to compete at the highest levels, both athletically and academically.\u003C\/p\u003E\r\n","summary":"","format":"limited_html"}],"field_subtitle":[{"value":"Georgia Tech and Hyundai leaders gathered Tuesday to celebrate the newly forged partnership that will create innovative solutions to advance sustainable mobility, the hydrogen economy, and workforce development.  "}],"field_summary":[{"value":"\u003Cp\u003EGeorgia Tech and Hyundai leaders gathered Tuesday to celebrate the newly forged partnership that will create innovative solutions to advance sustainable mobility, the hydrogen economy, and workforce development.\u0026nbsp;\u0026nbsp;\u003C\/p\u003E\r\n","format":"limited_html"}],"field_summary_sentence":[{"value":"Georgia Tech and Hyundai leaders gathered Tuesday to celebrate the newly forged partnership that will create innovative solutions to advance sustainable mobility, the hydrogen economy, and workforce development.  "}],"uid":"36418","created_gmt":"2023-09-19 23:29:04","changed_gmt":"2023-09-20 13:50:09","author":"sgagliano3","boilerplate_text":"","field_publication":"","field_article_url":"","dateline":{"date":"2023-09-19T00:00:00-04:00","iso_date":"2023-09-19T00:00:00-04:00","tz":"America\/New_York"},"extras":[],"hg_media":{"671759":{"id":"671759","type":"image","title":"President Cabrera signs MoU with Hyundai. ","body":"\u003Cp\u003EUSG Chancellor Sonny Perdue looks on as Georgia Tech President \u00c1ngel Cabrera and Executive Vice President for Research\u0026nbsp;Chaouki Abdallah\u0026nbsp;sign the memorandum of understanding with Hyundai officials, signifying the beginning of a transformative partnership.\u0026nbsp;\u003C\/p\u003E\r\n","created":"1695166347","gmt_created":"2023-09-19 23:32:27","changed":"1695166347","gmt_changed":"2023-09-19 23:32:27","alt":"President Cabrera signs MoU with Hyundai. ","file":{"fid":"254882","name":"24-10417-P1-014.jpg","image_path":"\/sites\/default\/files\/2023\/09\/19\/24-10417-P1-014.jpg","image_full_path":"http:\/\/hg.gatech.edu\/\/sites\/default\/files\/2023\/09\/19\/24-10417-P1-014.jpg","mime":"image\/jpeg","size":8982818,"path_740":"http:\/\/hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/2023\/09\/19\/24-10417-P1-014.jpg?itok=jY7WWuAr"}},"671760":{"id":"671760","type":"image","title":"GT President \u00c1ngel Cabrera poses for a selfie with Euisun Chung, executive chairman of  Hyundai Motor Company","body":"\u003Cp\u003EGeorgia Tech President \u00c1ngel Cabrera poses for a selfie with Euisun Chung, executive chairman of \u0026nbsp;Hyundai Motor Company.\u0026nbsp;\u003C\/p\u003E\r\n","created":"1695166817","gmt_created":"2023-09-19 23:40:17","changed":"1695166817","gmt_changed":"2023-09-19 23:40:17","alt":"GT President \u00c1ngel Cabrera poses for a selfie with Euisun Chung, executive chairman of  Hyundai Motor Company","file":{"fid":"254883","name":"24-10417-P1-012.jpg","image_path":"\/sites\/default\/files\/2023\/09\/19\/24-10417-P1-012.jpg","image_full_path":"http:\/\/hg.gatech.edu\/\/sites\/default\/files\/2023\/09\/19\/24-10417-P1-012.jpg","mime":"image\/jpeg","size":3807842,"path_740":"http:\/\/hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/2023\/09\/19\/24-10417-P1-012.jpg?itok=PtOCq2-d"}},"671761":{"id":"671761","type":"image","title":"Georgia Tech and Hyundai leaders pose for a photo following the signing of the memorandum of understanding.","body":"\u003Cp\u003EGeorgia Tech and Hyundai leaders pose for a photo following the signing of the memorandum of understanding. From left to right:\u0026nbsp;Executive Vice President for Research\u0026nbsp;Chaouki Abdallah, Georgia Tech President \u00c1ngel Cabrera, University System of Georgia Chancellor Sonny Perdue, Executive Chairman of\u0026nbsp;Hyundai Motor Company Euisun Chung,\u0026nbsp;\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003EPresident and CEO Jay Chang,\u0026nbsp;\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003EPresident and Global COO\u0026nbsp;Jos\u00e9\u0026nbsp;Mu\u00f1oz.\u0026nbsp;\u003C\/p\u003E\r\n","created":"1695166930","gmt_created":"2023-09-19 23:42:10","changed":"1695166930","gmt_changed":"2023-09-19 23:42:10","alt":"Georgia Tech and Hyundai leaders pose for a photo following the signing of the memorandum of understanding.","file":{"fid":"254884","name":"24-10417-P1-017.jpg","image_path":"\/sites\/default\/files\/2023\/09\/19\/24-10417-P1-017.jpg","image_full_path":"http:\/\/hg.gatech.edu\/\/sites\/default\/files\/2023\/09\/19\/24-10417-P1-017.jpg","mime":"image\/jpeg","size":9233256,"path_740":"http:\/\/hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/2023\/09\/19\/24-10417-P1-017.jpg?itok=ioplTiP_"}}},"media_ids":["671759","671760","671761"],"groups":[{"id":"1214","name":"News Room"}],"categories":[{"id":"139","name":"Business"},{"id":"131","name":"Economic Development and Policy"},{"id":"132","name":"Institute Leadership"}],"keywords":[],"core_research_areas":[{"id":"39461","name":"Manufacturing, Trade, and Logistics"},{"id":"39501","name":"People and Technology"},{"id":"39511","name":"Public Service, Leadership, and Policy"}],"news_room_topics":[{"id":"71871","name":"Campus and Community"}],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[{"value":"\u003Cp\u003E\u003Ca href=\u0022mailto:Steven.gagliano@gatech.edu\u0022\u003ESteven Gagliano\u003C\/a\u003E - Communications Officer\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003EInstitute Communications\u0026nbsp;\u003C\/p\u003E\r\n","format":"limited_html"}],"email":["Steven.gagliano@gatech.edu"],"slides":[],"orientation":[],"userdata":""}}}