Hyundai has announced the renewal of the strategic partnership with Shell Lubricants until 2031. The two companies aim through this agreement to further strengthen their collaboration in the field of future mobility. Strengthen? Yes, because the collaboration has been in place since 2005, over twenty years now. Now the two companies have renewed their Global Business Cooperation Agreement for five years.
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Hyundai and Shell together again
Hyundai and Shell will carry out new joint initiatives dedicated to future mobility, expanding cooperation in research and development activities, service marketing, and motorsport. Among the main areas of intervention, Hyundai explains in a note, are the improvement of engine oil quality and the development of fluids and coolants specific for electric vehicles. Not only that: the collaboration also concerns the Hyundai N high-performance division, for which Shell already co-develops lubricants designed for high-performance engines and electric vehicles.
For the mobility of the future
“We are pleased to extend our historic partnership. Thanks to the joint initiatives developed in recent years in the field of service marketing, we have managed to strengthen the competitiveness of our after-sales services globally and increase customer satisfaction, offering Hyundai customers worldwide Shell’s high-quality engine oils – said Beom Seok Kang Senior Vice President and Head of Global Service Sub-Division at Hyundai Motor Company – Together we will be in an even stronger position to proactively respond to changes in the future mobility market, continuing to create value for our customers and strengthen our global competitiveness in the long term“.
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