Hyundai Motor Group and Michelin have extended their collaboration as they aim to develop future tire technologies for electric vehicles.
The companies recently signed a memorandum of understanding in Seoul.
“The collaboration between Hyundai Motor Group and Michelin over the past five years contributed to the successful launch of the Hyundai Ioniq 5,” Georges Levy, Michelin’s Executive Vice President of automotive original equipment, said in a statement. “We are pleased to announce that the relationship has been extended for three more years.”
The new tire technologies “will find their way onto future premium EV models of Hyundai Motor Group,” the statement said.
The agreement follows a five-year partnership between the two companies that focused on the development of tire technology for Hyundai’s electric offerings — including Hyundai’s new electric crossover, the Ioniq 5.
Three areas will be the focus of the renewed partnership:
- Tires are composed of environmentally friendly materials.
- Tires to be used on “next-generation” EVs.
- A tire monitoring system to be used in autonomous vehicles.
Some specific goals include reducing vibration and noise generated by EVs at high speeds and increasing the percentage of environmentally friendly materials in tires.