Hyundai Motor and Shell extend partnership to advance future mobility solutions

Hyundai Motor Company announced today it has extended its strategic partnership with Shell Lubricants through 2031 with focus on strengthening collaboration in future mobility.

Hyundai Motor and Shell renewed their five-year Global Business Cooperation Agreement, reinforcing a relationship that was built on more than 20 years of collaboration since 2005. Under the new agreement, the two companies will pursue new joint initiatives focused on future mobility through expanded joint research and development (R&D), service marketing and motorsports partnerships.

“We are pleased to extend Hyundai Motor’s long-standing partnership with Shell. Through our collaborative aftersales service marketing initiatives over the past years, we have successfully enhanced our global aftersales service competitiveness and improved customer satisfaction by delivering Shell’s premium quality engine oils to Hyundai customers worldwide. Together, we will be better positioned to respond proactively to changes in the future mobility market while continuing to create greater value for our customers and strengthen our long-term global competitiveness” – Beom Seok KangSenior Vice President and Head of Global Service Sub-Division at Hyundai Motor Company.

Going forward, Hyundai Motor and Shell will strengthen collaboration across multiple areas of the automotive business.

The companies will continue joint service marketing activities to enhance customer satisfaction globally. Alongside this, they will expand joint research and development efforts focused on next-generation mobility solutions. Key R&D initiatives include improving engine oil quality and advancing fluids and coolants dedicated to electric vehicles.