Kim Bong-soo (L), a Hyundai Motor Co. executive, and Georges Levy, a Michelin vice president, pose for a photo after signing a memorandum of understanding on the development of electric car-only and environment-friendly tires at a Hyundai research center in Hwaseong, about 40 kilometers south of Seoul, on June 17, 2022, in this photo provided by the South Korean carmaker.
SEOUL, June 20 (Korea Bizwire) — Hyundai Motor Group said Monday it has extended a partnership with French tiremaker Michelin to develop high-end tires dedicated for upcoming electric vehicles.
The South Korean automaker will collaborate with Michelin to develop tires for all-electric and environment-friendly vehicles for the next three years, the company said in a statement.
In the previous five-year partnership that ended in June, the two companies worked together to develop the tires installed in the Hyundai IONIQ 5 all-electric model.
(Yonhap)
