Oak Ridge Lab, Hyundai Motor collaborating through new R&D agreement
Green Car Congress
JUNE 9, 2015
The MOU is an expression of intent and does not create a legally binding obligation, nor does it commit funds from either party. Hyundai Motor Company 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.