Hyundai and Shell extend global partnership to 2031

Hyundai Motor Company and Shell have renewed their Global Business Cooperation Agreement, extending their strategic partnership through 2031. This renewal builds upon a collaborative relationship that began in 2005.

The expanded agreement focuses on future mobility through increased joint research and development (R&D), service marketing, and motorsports partnerships. Key R&D objectives include improving engine oil quality and developing specialized fluids and coolants specifically designed for electric vehicles. The companies aim to leverage this collaboration to enhance global aftersales service competitiveness and respond to evolving market demands in the mobility sector.