[POSCO and Hyundai Motor Collaborate to Develop Next-Generation Silicon Steel]
South Korean steelmaker POSCO announced that it has launched a national R&D project together with Hyundai Motor Company and eight other industry, academic, and research institutions, aiming to develop next-generation high-efficiency silicon steel sheets for EVs and related motor technologies. POSCO leads the project, with participants including Hyundai Motor Company, SL, PolepairElectric, RIST, the Korea Institute of Industrial Technology (KITECH), the Korea Automotive Technology Institute (KATECH), the University of Ulsan, Pukyong National University, and the Korea Metal Materials Research Association (KOMERA).