Hyundai Motor Group (HMG), comprising Hyundai Motor and Kia Corporation, have signed an agreement with local fluids and lubricants producer SK Enmove to collaborate on the development of new refrigerants for future battery electric vehicles (BEVs).

The two companies signed a memorandum of understanding (MoU) with the aim of developing heating, ventilation and air conditioning (HVAC) refrigerants which are 30% more efficient that those currently in use. The aim is to develop a more efficient HVAC system that helps extend the range of BEVs, particularly in cold weather when vehicles require heating.

SK Enmove said in a statement the two companies “plan to develop refrigerants that can be used for both air conditioning and for heating BEVs, and build a circular economy encompassing the entire refrigerant business”.

It added “the next-generation vehicle refrigerants will have enhanced heating abilities compared with existing products. Unlike internal combustion engine (ICE) vehicles, BEVs do not generate waste heat from engines for heating. Therefore, they require refrigerants that can handle both air conditioning and heating”.

According to the agreement, SK Enmove will lead development of the refrigerants while HMG will focus on developing a new automotive thermal management system which uses fluids produced by its supplier.

The new refrigerants will also be used in existing ICE vehicles to improve HVAC efficiency.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData