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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 9 sources · 6 days · First seen 25 days ago · Last updated 20 days ago

Hyundai and Shell strategic partnership extension

Overview

Hyundai Motor Company and Shell have renewed their Global Business Cooperation Agreement, extending their strategic partnership through 2031. Building on a relationship that began in 2005, the renewed agreement focuses on joint research and development to address future mobility market changes.

Key areas of collaboration include improving engine oil quality and developing specialized fluids and coolants for electric vehicles. The partnership also involves service marketing, thermal management, and motorsports, including Shell serving as an innovation partner for Genesis Magma Racing in the 2026 FIA World Endurance Championship and co-engineering lubricants for the Hyundai N Division.

Entities

Shell · Hyundai Motor Company · Tata Daewoo Mobility · HD Hyundai Oilbank

Timeline

20 days ago

[BUSINESS] 7 sources
Hyundai and Shell extend global partnership to 2031
Hyundai and Shell have extended their global partnership through 2031, focusing on R&D for future mobility and electric vehicle fluids.
25 days ago

[BUSINESS] 2 sources
Hyundai and Shell extend partnership through 2031
Hyundai Motor Company and Shell have extended their partnership through 2031, focusing on joint R&D for electric vehicle fluids, engine oil, and high-performance motorsport lubricants.

Sources

automotiveworld.com · carguide.ph · fuelsandlubes.com · italpress.com · lecodellitorale.it · mediapress24.it · premium.goauto.com.au · revistamagazzine.com · tecnoandroid.it