Hyundai Motor Group is accelerating cooperation with Japan's Toray Group in future mobility fields such as high-performance vehicles and Humanoid Robot.
Hyundai Motor Group said on the 27th that it signed a strategic joint development agreement with Toray Group on the 24th. Attending the signing ceremony were Kim Heung-soo, head of Hyundai Motor Group's GSO (Global Strategy Office), Hong Seung-hyun, head of the Basic Materials Research Center, Terada Miki, head of the composite materials business division at Toray Group, and Kim Young-seop, president of Toray Advanced Materials.
Earlier, in Apr. last year, Hyundai Motor Group signed a comprehensive cooperation agreement with Toray Group for the joint development of high-performance composite materials, including carbon fiber reinforced plastic (CFRP), to improve mobility performance and ensure safety.
Through this agreement, the two companies will make their collaboration more concrete and strengthen cooperation in the development of advanced materials and parts to be applied to future mobility, including high-performance vehicles, lunar exploration rovers (Rover), and Humanoid Robot. They also plan to cooperate across the entire process, from production to commercialization of high-performance composites.
Centering on the Basic Materials Research Center, which is in charge of developing and verifying new body materials, Hyundai Motor Group plans to lead vehicle-level design and suitability verification of advanced materials and parts, as well as performance evaluation. Under the leadership of Toray Industries, which serves as the joint development channel, Toray Advanced Materials, TAC, and EACC, which produce carbon fiber composites, will develop carbon fiber-based intermediate materials and molded products.