Hyundai Motor and Škoda Group Forge Partnership for Sustainable Hydrogen Mobility Ecosystem
Key Ideas
  • Hyundai Motor Company and Škoda Group signed an MOU to collaborate on establishing a hydrogen mobility ecosystem and explore energy-efficient solutions for mobility projects.
  • The partnership aims to accelerate hydrogen adoption, contribute to carbon neutrality, and create positive synergies between fuel cell technology and mobility products.
  • Both companies believe hydrogen is crucial for a sustainable society, with plans to share fuel cell systems and technologies and conduct feasibility studies for diverse hydrogen applications beyond mobility.
Hyundai Motor Company and Škoda Group have signed a Memorandum of Understanding (MOU) to collaborate on establishing a hydrogen mobility ecosystem and exploring energy-efficient solutions for mobility projects. The MOU includes the adoption of hydrogen fuel cell systems and technologies, energy-efficient solutions, and the exploration of hydrogen ecosystem opportunities. The signing ceremony occurred at the Korea-Czech Republic Business Summit in Prague, where both companies expressed their commitment to advancing hydrogen technology and promoting carbon neutrality. The partnership aims to accelerate hydrogen adoption globally, with a focus on the Czech Republic. Both parties see hydrogen as a key element in transforming mobility towards sustainability. Hyundai plans to share its fuel cell system and technology with Škoda Group to enhance eco-friendly mobility solutions, while also studying diverse hydrogen applications beyond traditional mobility sectors. Hyundai's hydrogen value chain business brand, HTWO, plays a pivotal role in aiding the energy transition. The collaboration between Hyundai Motor Company and Škoda Group signifies a joint effort to bring innovative, eco-friendly solutions to the global mobility ecosystem. By leveraging Hyundai's expertise in hydrogen applications and Škoda's mobility products, the partnership aims to create a positive impact on cleaner energy utilization. Both companies believe that hydrogen will be a crucial pillar for a sustainable society, starting with mobility. The collaboration includes conducting feasibility studies for fuel cell system applications beyond traditional mobility sectors, reflecting a commitment to exploring diverse hydrogen utilization opportunities. Hyundai Motor Manufacturing Czech (HMMC) in Nošovice, known for its modern manufacturing capabilities, stands as a testament to Hyundai's commitment to eco-friendly mobility solutions and sustainable business practices.
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