Hyundai Motor Company and Škoda Group have signed a Memorandum of Understanding during the Korea-Czech Business Summit in Prague to collaborate on establishing a hydrogen mobility ecosystem. The partnership includes exploring hydrogen fuel cell systems, energy-efficient solutions, and broader market opportunities for sustainable mobility beyond national borders. Both companies share the belief that hydrogen will be crucial for a sustainable society, starting with mobility. They will also investigate the potential sharing of Hyundai's fuel cell system and technology. Hyundai is committed to promoting eco-friendly solutions through its hydrogen value chain business brand HTWO. The collaboration aims to accelerate hydrogen adoption for a more sustainable future and contribute to carbon neutrality globally. Feasibility studies for fuel cell applications in various sectors beyond mobility will be conducted to aid the energy transition.