Hyundai to Enhance EV Performance with New Materials Development

Hyundai Motor Group has announced plans to develop materials that will enhance the performance of electric vehicles. To accomplish this, the company has formed a strategic partnership with Japanese material manufacturer Toray Industries. The collaboration between Hyundai and Toray will focus on creating lightweight, high-strength materials to improve the performance and safety of Korean vehicles.

Part of the partnership’s objectives include developing carbon fiber-reinforced polymer parts that will enhance the performance of EV batteries and motors. The Head of Hyundai Motor Group’s advanced platform division, Song Chang-hyeon, expressed the company’s intention to leverage the partnership to solidify its position as a global leader in mobility solutions. He emphasized the goal of combining Hyundai’s automotive expertise with Toray Group’s material technological capabilities to gain a competitive advantage in the global market.

In the U.S. EV market, Hyundai has been making significant strides. Hyundai Motor of America reported a 100% increase in its EV sales.

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