Hyundai Motor, Toray forge strategic partnership for mobility materials
Apr 18, 2024
Hyundai Motor Group said Thursday it has forged a strategic partnership with Japanese chemical giant Toray Group to use carbon fiber and other innovative new materials in future mobility products. Under the agreement, Hyundai Motor and Toray plan to jointly develop carbon fiber-reinforced plastic and other lightweight materials to enhance performance and safety involving mobility products, the South Korean auto group said. They also aim to actively apply new materials to future mobility produc