The Group will invest USD 6 billion to drive innovation and expand strategic partnerships with U.S. companies in areas including autonomous driving, robotics, artificial intelligence (AI), and advanced air mobility (AAM).Key initiatives include:Collaborating with Boston Dynamics to expand the U.S. ecosystem for robotics components and establish a mass-production systemPartnering with NVIDIA to accelerate the development of AI solutions for future mobility, including autonomous driving and roboticsAdvancing R&D with Supernal, the Group’s US affiliate for AAM business, to commercialize an eVTOL vehicle by 2028Supplying robotaxis to Waymo as part of its strategic partnership with Hyundai Motor Company, and co-developing autonomous driving services with AptivInvesting potential startups through venture capital and other funding mechanisms to support U.S. startups specializing in mobility, robotics, and AIAs part of its USD 6 billion commitment, the Group will also invest in energy infrastructure projects to secure new business opportunities and contribute to the development of sustainable energy generation, including:Strategic cooperation between Hyundai Engineering & Construction Holtec International on Small Modular Reactor (SMR) technologyEstablishing infrastructure to bolster use of renewable energyInvesting in IONNA EV charging alliance to expand infrastructureThrough these investments, the Group anticipates it will create 14,000 new direct full-time jobs in the U.S. by 2028. The overall economic impact is expected to generate more than 100,000 direct and indirect job opportunities across related industries.The Group plans to hold its Hyundai Motor Group Metaplant America Grand Opening celebration in Georgia, U.S., later this week, marking the completion of the largest economic development project in Georgia’s history, just two and a half years after breaking ground.HMGMA exemplifies HMG’s dedication to driving economic growth, furthering technological advancements, and delivering sustainable solutions to the U.S. market, creating or supporting over 570,000 jobs nationwide.
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