Hyundai-Michelin

Hyundai, Michelin extend partnership for EV tire development

SEOUL, June 20 (Yonhap) -- 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.

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