Hyundai Motor Group and Toray forge partnership for future mobility materials

Hyundai Motor Group has announced a strategic collaboration with Toray Group, a prominent Japanese chemical company. This partnership aims to leverage cutting-edge materials, including carbon fiber, to enhance the performance and safety of upcoming mobility innovations.

Joint development for enhanced performance:

Hyundai Motor and Toray have committed to a joint effort in developing carbon fiber-reinforced plastic and other lightweight materials. By combining Hyundai's expertise in vehicle technology with Toray's material prowess, the alliance seeks to elevate the performance and safety standards of mobility products.

Application of innovative materials:

The collaboration extends beyond mere development; both entities intend to actively integrate these new materials into future mobility products. This proactive approach underscores their dedication to driving innovation within the mobility industry and offering unparalleled competitiveness in the market.

Carbon Fiber's Significance in Mobility Sectors:

Carbon fiber stands out as a cornerstone of Toray Group's business, renowned for its exceptional properties such as lightweight, strength, and heat resistance. Widely utilised in automotive and aerospace sectors, its inclusion in future mobility products promises advancements in efficiency and durability.

Key Milestone

The signing ceremony, held at Hyundai's headquarters in southern Seoul, marked a pivotal moment for both companies. Attended by key executives, including Song Chang-hyeon, president of Hyundai's Advanced Vehicle Platform division, it symbolised the beginning of a collaborative journey towards global market leadership.

Hyundai Motor Group and Toray's strategic partnership heralds a new era of innovation in the realm of mobility materials. By synergising their respective strengths, they aim to not only enhance the performance and safety of future mobility products but also carve out a distinctive position in the fiercely.