Hyundai and Shell Extend Partnership Through 2031 to Develop Future Mobility Solutions
Hyundai Motor Company and Shell have extended their global strategic partnership through 2031, renewing a collaboration that dates back to 2005. The new five-year Global Business Cooperation Agreement will expand their work across future mobility, joint research and development, service marketing, and motorsports.
Under the renewed agreement, Hyundai and Shell will continue joint aftersales and service marketing programs while increasing R&D work on next-generation mobility technologies. Hyundai says the two companies will focus on areas including improved engine oils as well as specialized fluids and coolants for electric vehicles.

Motorsport Will Remain Part of the Partnership
Shell is also expanding its involvement with Hyundai Motor Group’s high-performance programs. The company currently serves as a performance and innovation partner for Genesis Magma Racing in its 2026 FIA World Endurance Championship campaign, supplying specialized lubricants and coolants for the GMR-001 Hypercar.
The partnership also extends to Hyundai N, where the two companies will co-develop lubricants for high-performance combustion engines and electric vehicles. Hyundai says the motorsport programs will also serve as a development environment for technologies that could eventually be applied to production vehicles.
The renewed agreement builds on more than two decades of cooperation between Hyundai and Shell, with both companies now placing greater emphasis on EV fluids, thermal management, digital innovation, and high-performance mobility.



