Business

Hyundai, Shell sign 5-year partnership extension with a clean mobility twist

Hyundai and Shell have extended their lubricants agreement for another five years.

Photo by boonchai wedmakawand/Getty Images

Hyundai Motor Company, the parent company of the Kia, Hyundai, and Genesis brands, has signed a five-year extension to its partnership with Royal Dutch Shell plc. The Global Business Cooperation Agreement allows the companies to continue their existing agreement, which has seen Shell provide engine oil products to the car company's global customers since 2005 and resulted in joint marketing opportunities.

The extension of the agreement, the fourth of its nature, includes a new section, marking a new endeavor for the companies. The agreement has a new focus on clean energy and carbon reduction, a shift that fits with the future of Hyundai vehicles and overall market changes.

2022 Hyundai Ioniq 5 Hyundai is already well on its way to changing its vehicle landscape. The upcoming 2022 Hyundai Ioniq 5 is a large part of that pivot. Photo courtesy of Hyundai Motor Group

"This time around we will join forces to drive positive change with clean mobility solutions that benefit all," said Un Soo Kim, Senior Vice President and Head of Global Operations Division of Hyundai Motor Company. "With Shell, we will be securing our competitiveness within the automotive industry, continuing our transition as a smart mobility solution provider."

The agreement will also look at undertaking new cooperative projects that reflect the new direction of the companies. This includes establishing a new type of service for mobility providers, primarily in Asia. According to a release, both companies will also discuss cooperations schemes for energy supply business, such as EV and FCEV charging services.

"Accelerating the mobility sector to net zero will require collaborative pioneers willing to act now and establish the alignments needed to deliver a cleaner energy future," said Carlos Maurer, Executive Vice President of Shell's Global Commercial Business. "We believe we can best enhance Hyundai's customer service experiences by tapping our EV charging expertise and our deep insights gathered from daily interactions with motorists at our 46,000 retail sites globally."

The two companies run join research and development activities including for the first-fill lubricants to meet Hyundai's specific engine requirements, which could extend for collaboration on e-Fluids development for EVs.

Shell has been the top lubricants supplier in the global market for 14 consecutive years.

Trending News

 
 

Toyota's ready to make a big announcement.

Photo courtesy of Toyota Motor Corporation2

Auto Shanghai has another surprise in store. Toyota will debut an electrified vehicle next week and ahead of that moment, the company has leaked teaser photos and video featuring the model on its social media channels.

One of the posts, available on Twitter and Instagram, showcases the vehicle and a series of conceptual, perhaps inspirational, related items. A light shines as a reflection in an eye. A design on paper leads to a math equation. A laser, perhaps a plasma cutter, is focused on an object. Watch the see the rest.


It passes by quickly, but in there is the shape of a crossover. We've captured the moment in a still photo below so you can take a longer look. From the body design quickly shown here, the SUV is shaped more like the Toyota Venza than the Toyota RAV4. The key here is the rear side window, which is more triangular, like the Venza, than the squared-off RAV4''s.

202 The shape of the vehicle is similar to the Toyota Venza.Photo courtesy of Toyota Motor Corporation

2022 Toyota Venza EV

The face of the vehicle, shown in another social media post (this time on Instagram) and at the top of this article, shows a pared back vehicle face. The height of the vehicle confirms that it's in fact a crossover body style.

We do know that Subaru and Toyota have been working on an electric SUV for a while. While Subaru is likely calling the vehicle "Evoltis" there's some indication that Toyota may be reviving the "Celica" name for the EV. Batteries, after all, are made up of cells.

As of right now, we have to take the wait-and-see approach. One thing's for sure. We'll know more next week.

Trending News

 
 

Domino's and Nuro announced their partnership in 2019 — and now the robots are hitting the roads.

Photo courtesy of Nuro

After announcing their partnership to work on pizza deliveries via self-driving robots in 2019, Dominos and Nuro have officially rolled out their technology to one part of town.

Beginning this week, if you place a prepaid order from Domino's in Woodland Heights (3209 Houston Ave.), you might have the option to have one of Nuro's R2 robot come to your door. This vehicle is the first do deliver completely autonomously without occupants with a regulatory approval by the U.S. Department of Transportation, according to a news release.

"We're excited to continue innovating the delivery experience for Domino's customers by testing autonomous delivery with Nuro in Houston," says Dennis Maloney, Domino's senior vice president and chief innovation officer, in the release. "There is still so much for our brand to learn about the autonomous delivery space. This program will allow us to better understand how customers respond to the deliveries, how they interact with the robot and how it affects store operations."

Orders placed at select dates and times will have the option to be delivered autonomously. Photo courtesy of Nuro

Nuro Domino's delivery vehicle

The Nuro deliveries will be available on select days and times, and users will be able to opt for the autonomous deliveries when they make their prepaid orders online. They will then receive a code via text message to use on the robot to open the hatch to retrieve their order.

"Nuro's mission is to better everyday life through robotics. Now, for the first time, we're launching real world, autonomous deliveries with R2 and Domino's," says Dave Ferguson, Nuro co-founder and president, in the release. "We're excited to introduce our autonomous delivery bots to a select set of Domino's customers in Houston. We can't wait to see what they think."

California-based Nuro has launched a few delivery pilots in Houston over the past few years, including the first Nuro pilot program with Kroger in March 2019, grocery delivery from Walmart that was revealed in December 2019, and pharmacy delivery that launched last summer.

From being located in a state open to rolling out new AV regulations to Houston's diversity — both in its inhabitants to its roadways, the Bayou City stood out to Nuro, says Sola Lawal, product operations manager at Nuro.

"As a company, we tried to find a city that would allow us to test a number of different things to figure out what really works and who it works for," Lawal says on an episode of the Houston Innovators Podcast. "It's hard to find cities that are better than Houston at enabling that level of testing."

You can find out which self-driving vehicles are being tested in your neck of the woods by clicking here.


This article first appeared on AutomotiveMap's sister site InnovationMap.

Trending News