
Hyundai, Toray Team Up to Shape New Era of Mobility through Material Innovation
Korean automaker Hyundai has signed a strategic cooperation agreement with Japan’s Toray Industries, a pioneer in carbon fiber and composite material technology, to advance material innovation for a new era of mobility. The partnership aims to secure capabilities to develop lightweight and high-strength materials for environmentally friendly and high-performance vehicles. Joint R&D areas include carbon-fiber-reinforced plastic (CFRP) parts that are expected to improve the performance of EV batteries and motors.…