Hyundai Motor Co. and Kia Corp. have announced an investment of 20 billion won ($13.7 million) in Kolon Spaceworks Co. to bolster their position in future mobility materials. The strategic partnership was signed at Hyundai Motor's R&D center in Hwaseong, South Korea. This marks the automakers' first direct investment in a composite materials company. The collaboration aims to develop advanced composite materials, focusing on enhancing materials for hydrogen storage containers and battery covers for electric and hydrogen vehicles. The companies plan to also work on improving environmental sustainability by addressing global regulations. Kolon Spaceworks specializes in ultra-lightweight materials that are stronger than steel and lighter than aluminum, used in various sectors including aerospace, electric and hydrogen vehicles, guided weaponry, and submarines. The partnership will include technology exchanges to enhance Kolon Spaceworks' capability to provide specialized solutions for future mobility. Overall, the sentiment of the article is positive, highlighting the efforts of Hyundai, Kia, and Kolon Spaceworks to innovate and strengthen the industry's foothold in eco-friendly materials.