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Oak Ridge National Laboratory this week announced that it had signed a memorandum of understanding with Hyundai Motor Co. to strengthen the automaker’s research and development capabilities and perhaps set the stage for a number of collaborations.
“The MOU is an expression of intent and does not create a legally binding obligation, nor does it commit funds from either party,” the U.S. Department of Energy’s largest science lab said in the announcement.
According to information released by ORNL, Hyundai and its affiliate, Kia Motors Corp., will be “identifying and providing R&D needs of the automotive industry; providing feedback and evaluation technology concepts; consulting with ORNL on R&D topics related to the industry; and developing potential Hyundai-sponsored projects to be carried out under separate, legally binding agreements.”
Hyundai is the world’s fifth largest automaker, with major manufacturing capabilities in the United States.
Claus Daniel, deputy director of ORNL’s Transportation Program, said in a statement distributed by the lab: “We expect this relationship with Hyundai to bring vehicles to life from design, engineering and production in the U.S., which is consistent with the mission of ORNL and the Department of Energy.”
photo credit: Hyundai
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