Hyundai and Kolon Group Partner for Advanced Mobility Materials Development
Key Ideas
- Hyundai and Kolon Group have formed a partnership for advanced composite materials to improve hydrogen fuel tanks and electric vehicle battery covers.
- Kolon Spaceworks, a subsidiary of Kolon Group, achieved international certification for its 54-liter hydrogen fuel tank, enabling global sales.
- Hyundai Motor plans to invest significantly in domestic initiatives focusing on electrification, hybrid systems, and hydrogen products.
- The partnership aims to enhance the global competitiveness of South Korea's automotive industry by leveraging material technology and smart mobility capabilities.
Kolon Group, Hyundai, and Kia Motors have joined forces in a partnership to develop advanced composite materials for future mobility solutions. The collaboration, signed at Hyundai's Namyang Research and Development Center in Hwaseong, South Korea, aims to enhance the competitiveness of mobility products by improving hydrogen fuel tanks and electric vehicle battery covers. Kolon Spaceworks, a subsidiary of Kolon Group, recently obtained international certification for its 54-liter hydrogen fuel tank, marking a significant milestone for the company's high-pressure container products. Hyundai and Kia are also aligning with global environmental standards and recycling regulations to ensure sustainable practices in the automotive industry. Hyundai's substantial investment in domestic initiatives this year, including hydrogen technologies, demonstrates a strong commitment to innovation. The partnership's goal is to leverage Kolon's material technology and Hyundai/Kia's smart mobility capabilities to boost the national industry's global competitiveness.
Topics
Utilities
Certification
Investment
Automotive Industry
Partnership
Business Collaboration
Environmental Standards
Mobility Solutions
Composite Materials
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