20.06.2022 Press release

Hyundai Motor Group and Michelin Join Hands to Develop Next-Gen Tyres for Premium EVs to Foster Clean Mobility

Hyundai Motor Group and Michelin sign new MoU to collaborate on R&D for innovative tyre technologies over the next three years
The joint research will focus on development of eco-friendly tyres, significantly increasing the use of sustainable materials
Research to focus on securing tyre performance to accommodate increase in vehicle weight
Joint research to develop tyre monitoring system through analyzing tyre wear and diverse road environment data
Collaboration to secure premium tyre technology to play key role in the Group's efforts to provide future mobility solutions

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Hyundai Motor Group (the Group) announced today the signing of a memorandum of understanding (MoU) with Michelin to develop next-generation tyres optimized for premium electric vehicles (EVs).

The signing ceremony took place at the Group’s Namyang Research Center on June 17, attended by Bong-soo Kim, Vice President and Head of Chassis Development Center at Hyundai Motor Group, and Georges Levy, Executive Vice President of Automotive Original Equipment at Michelin.

The new MoU follows the successful completion of the two parties' first partnership and will lead to a new journey towards developing next-generation tyres to be equipped with the Group’s clean, smart and sustainable mobility solutions.

This partnership with Michelin will result in real innovations in tyre technology, solidifying Hyundai Motor Group’s position as a leader in the smart mobility industry. By fully leveraging our mobility technology and Michelin’s tyre expertise, we are confident in our ability to achieve ground-breaking innovations in tyre performance enhancement and create synergies in this organic collaboration.

Bong-soo Kim Vice President and Head of Chassis Development Center at Hyundai Motor Group

The agreement is a follow-up to the first five-year partnership signed in November 2017 to jointly develop an exclusive tyre for IONIQ 5 and carry out experiments and analysis methods related to tyres as well as technology exchange. Over the next three years, the Group and Michelin will jointly develop the following innovations: eco-friendly tyres with increased use of eco-friendly materials; tyres optimized for next-generation EVs and a real-time tyre monitoring system which will help advance autonomous driving technology.

The collaboration between Hyundai Motor Group and Michelin over the past five years contributed to the successful launch of the Hyundai IONIQ 5. We are pleased to announce that the relationship has been extended for three more years to continue our work together on new technologies in favor of safer, cleaner mobility. The association between Hyundai Motor Group and Michelin is founded on the same vision and on a shared passion for excellence, performance and innovation that have become increasingly essential factors as we rise to the mobility-related challenges we all face today.

Georges Levy Executive Vice President of Automotive Original Equipment at Michelin

Next-generation tyres resulting from the collaboration will find their way onto future premium EV models of Hyundai Motor Group. This new tyre technology is critical to meet the durability requirements of tyres, as well as driving performance and electric efficiency under high load as the driving range of EVs continues to increase.

The Group and Michelin also plan to conduct joint research to analyze tyre wear, tyre load and road friction beyond the current standards of tyre temperature and air pressure. The new tyres are also expected to significantly improve drivers’ ride comfort by reducing vibration and noise generated by EVs at high speeds.

They will also explore ways to increase the use of eco-friendly materials in tyres to about 50 percent of the total tyre weight from 20 percent currently.

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