On September 20, 2024, Hyundai and Škoda announced a memorandum of understanding to collaborate on developing a hydrogen mobility ecosystem. This partnership will involve the joint development of fuel cell systems and the examination of transport use cases suitable for hydrogen technology. Additionally, the focus will extend to exploring the value of hydrogen ecosystems beyond traditional mobility applications. The agreement between Hyundai and Škoda signifies a commitment to advancing the hydrogen fuel industry and highlights the growing interest in utilizing hydrogen as a sustainable energy source. By working together, the two companies aim to contribute to the evolution of hydrogen technology and its broader adoption across various sectors.