Hyundai Motor Group recognizes Novelis

Novelis, headquartered in Atlanta, has received the 2022 Supplier of the Year award from Hyundai Motor Group, Seoul, at the automaker's annual Partnership Day on Feb. 3.

Hyundai honored Novelis in the material supplier category based on the comprehensive evaluation of its aluminum and steel material suppliers in the areas of supply chain reliability, quality and technical support. Novelis is the first-ever aluminum sheet provider to win the title of Supplier of the Year from the South Korean automaker.

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Novelis currently supplies automotive aluminum sheet produced at its rolling facility in Ulsan, South Korea, for inner and exterior applications for Hyundai Motor Group's Genesis brand, as well as for its electric vehicle (EV) models. Novelis says its high-strength, high-formability and lightweight aluminum solutions are applicable to various automotive parts, such as hoods, doors and tailgates, full body structures and EV battery enclosures.

"We are very honored to be the first aluminum sheet maker that has won this recognition as Hyundai's partner for material innovation," Novelis Asia President Sachin Satpute says. "With more than 50 years of experience and technical expertise in automotive aluminum production and recycling, we are looking forward to expanding our partnership with Hyundai toward our shared goal of carbon neutrality."

Novelis says it is the world's largest supplier of aluminum sheet to the automotive industry and the only aluminum supplier with automotive sheet capacity on each of the three major auto-producing continents of Asia, Europe and North America. The company says it has established the world's first and largest closed-loop recycling system for automotive aluminum. In Ulsan, Novelis is building a $50 million aluminum recycling facility. With an annual casting capacity of 100,000 metric tons of low-carbon sheet ingot, Novelis says the center is expected to reduce its carbon emissions by more than 420,000 tons each year.