Hyundai Motor Group signed a third Memorandum of Understanding (MOU) with Michelin, to accelerate the innovation of tire technology that will lead the future mobility industry.
Previously, this agreement had been built through the MOU in 2017 and 2022. In the framework of the latest three-year cooperation, the two companies will collaborate in many ways.
Such as research and development (R&D) against tires with very low spin barriers to increase fuel efficiency, as well as high-performance tires to improve vehicle security and control.
In addition, improving the performance of tires for premium electric cars that require front tire technology to ensure higher performance, safety, and greater travel distance. Build a virtual tire development system for off-road use, as well as develop SmartGrip technology to improve braking performance and efficiency.
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This collaboration aims to respond to the growing needs of electric cars and autonomous vehicles, including high power capacity, driving performance, and environmental sustainability.
Hyundai Motor Group Vice President and Head of Genesis Engineering Design Center, Yongsuk Shin, stated that through the third phase of the technology collaboration with Michelin, the company wants to achieve tire technology innovations that will lead the future mobility industry.
"Armed with the special expertise of the two companies in the field of mobility and tire technology, we will maximize the application of sophisticated solutions in every product development process," he said, in an official statement received on Wednesday, November 26.
The MOU signed in 2017 has contributed to the development of tire technology for Hyundai IONIQ 5. Meanwhile, the agreement signed in 2022 aims to achieve significant progress in the prediction of tire wear and increased braking performance.
Based on this achievement, Hyundai Motor Group and Michelin plan to accelerate technological innovation and present new breakthrough tire technology for future mobility.
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