Hyundai Motor is considering investing in a small Israeli manufacturer of smart glass to help it develop products for new vehicles, according to reports in South Korea.

The automaker was said to be in talks with Gauzy, a manufacturer of liquid crystal glass panels for a number of end user applications, mostly in automotive and construction.

Gauzy uses smart glass to make vehicle sunroofs, automotive windscreens and windows and transparent/opaque glass panels for buildings.

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
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The report, citing a company spokesman, suggested Hyundai was looking to use Gauzy technology and products in next generation, environment friendly passenger vehicles and in future urban air mobility vehicles. 

Hyundai reportedly has teamed up with Singapore based venture fund BlueRed Partners and US materials science firm Avery Dennison to make the investment in the Israeli startup with a planned investment of KRW4bn (US$3.3m).

See Also:

Hyundai Motor has stated its intention to become a 'mobility solutions' provider which includes air taxi services across major cities using drone technology.