Georgia Tech and Hyundai Motor Company (HMC) announced a multi-decade partnership as part of the Korean automaker's investments in the State of Georgia.
The vision for the partnership includes research and applications to support the future of sustainable mobility, hydrogen economy, workforce development, and smart cities, among many other areas of cooperation.
The partnership also includes field-naming recognition at Bobby Dodd Stadium, which will now be known as Bobby Dodd Stadium at Hyundai Field, and sponsorship elements that feature enhancements to boost the experience on gamedays for fans in and around the home of Georgia Tech football.
The company is investing $ 5.54 billion to develop the Hyundai Motor Group Metaplant America, a new dedicated electric vehicle and battery plant in Bryan County, Georgia, creating more than 8,100 direct jobs. It created a $ 120,000 STEM scholarship at Georgia Tech when it broke ground on the site in October 2022.
A press release from HMC noted that the partnership will be 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. It will also be an opportunity for Georgia Tech to contribute more broadly to the State of Georgia’s commitment as a hub for producing electric vehicles.
Alongside this, 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.
Ángel Cabrera , President, Georgia Tech, said, “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.”
José Muñoz, President and Global COO, Hyundai Motor Company, and President and CEO, Hyundai and Genesis Motor North America, noted that proximity to institutions like Georgia Tech was one of the many reasons Hyundai selected Georgia for its new EV manufacturing facility.
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