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Hyundai Motor and Shell Extend Strategic Partnership to Advance Future Mobility Solutions

What happened
Based on Hyundai Newsroom · Aug 19, 2026

Hyundai Motor and Shell extended their partnership to 2031, focusing on joint R&D, service marketing, and motorsports to advance future mobility solutions, including electric vehicle fluids and high-performance lubricants.

Hyundai Motor and Shell Extend Strategic Partnership to Advance Future Mobility Solutions
Hyundai Newsroom — Hyundai
Key points
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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.
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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.
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Hyundai is pleased to extend Hyundai Motor’s long-standing partnership with Shell.
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Together, we will be better positioned to respond proactively to changes in the future mobility market while continuing to create greater value for its customers and strengthen its long-term global competitiveness.
Key numbers
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Hyundai Motor Company and Shell Lubricants renewed their Global Business Cooperation Agreement through 2031, building on over 20 years of collaboration since 2005.
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Shell, recognized as the world’s top lubricants supplier for 19 consecutive years, has expanded its partnership with Genesis, Hyundai’s luxury brand, in motorsports.
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Shell serves as a performance and innovation partner to Genesis Magma Racing in the 2026 FIA World Endurance Championship, providing lubricants and coolants for the GMR-001 Hypercar.

Hyundai Motor Company and Shell Lubricants renewed their Global Business Cooperation Agreement through 2031, building on over 20 years of collaboration since 2005. The renewed partnership will prioritize joint research and development, expanded service marketing, and motorsports initiatives to address evolving mobility demands. Hyundai highlighted past successes in enhancing global aftersales service competitiveness and customer satisfaction through Shell’s engine oils. The agreement aims to strengthen long-term global competitiveness by proactively adapting to future mobility market changes.

Under the extended collaboration, Hyundai and Shell will deepen joint efforts in next-generation mobility solutions, including improving engine oil quality and developing specialized fluids and coolants for electric vehicles. The companies will also expand digital innovation initiatives and thermal management technologies. Hyundai emphasized the partnership’s role in translating motorsport advancements into practical benefits for customers worldwide. The renewed focus includes high-performance mobility solutions and e-fluids tailored for emerging vehicle technologies.

Shell, recognized as the world’s top lubricants supplier for 19 consecutive years, has expanded its partnership with Genesis, Hyundai’s luxury brand, in motorsports. Shell serves as a performance and innovation partner to Genesis Magma Racing in the 2026 FIA World Endurance Championship, providing lubricants and coolants for the GMR-001 Hypercar. The collaboration extends to Hyundai’s N Division, where Shell co-engineers lubricants for high-performance engines and electric vehicles, offering a testbed for advanced product development and global showcasing.

Hyundai Motor Company, established in 1967, operates in over 200 countries with more than 120,000 employees. The company is advancing beyond traditional mobility through robotics, physical AI, and open innovation to introduce future mobility services. Hyundai remains committed to carbon reduction while offering a full lineup of ICE, hybrid, plug-in hybrid, hydrogen fuel cell, and EV technologies. The partnership with Shell aligns with Hyundai’s vision of ‘Progress for Humanity’ and its pursuit of sustainable mobility solutions.

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