Hyundai Motor Group has signed a strategic cooperation agreement with Toray Industries, a global leader in carbon fiber and composite materials, to advance material innovation for future mobility. Toray's chairman said the company has developed technology focused on electrification and sustainability for the evolving auto industry, while Hyundai's group president said the partnership aims to combine Hyundai's automotive expertise with Toray's materials know-how to gain a competitive edge.
The partnership targets lightweight, high-strength materials for environmentally friendly, high-performance vehicles, with joint R&D expected to include carbon fiber-reinforced polymer (CFRP) parts intended to improve EV battery and motor performance. The collaboration is described as part of Hyundai's broader future mobility strategy, which combines materials research with its ongoing electrification and software-defined vehicle efforts.
Source: Hyundai Motor Group
