Electrek 8:19 pm on April 18, 2024
Hyundai announced a strategic partnership with Toray Industries to develop new materials for better EV performance using lightweight and high-strength carbon fiber-reinforced polymer (CFRP) parts. The collaboration aims to improve battery and motor performance, strengthening Hyundai's position as a global leader in mobility solutions. Hyundai is investing $18 billion in EVs and plans to be among the top three EV makers globally by 2030.
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