RONN Inc., a forward-thinking company, announced its engagement with potential investors, industry leaders, and the press in Geneva to introduce their Hyper Hydrogen Concept Automobile. The company signed a $100 million capital investment Memorandum of Understanding (MOU) to support the development of the successor to the Scorpion Hydrogen Hybrid Supercar. Data from World Motor Vehicle Production highlights a notable increase in global motor vehicle manufacturing, with 85.4 million vehicles produced in May 2023, indicating a 5.7% surge from the previous year. The Global Supercar Market, valued at USD 17.5 billion in 2023, is expected to grow to USD 24.9 billion by 2033, reflecting a Compound Annual Growth Rate (CAGR) of 3.7% from 2024 to 2033. RONN Inc.'s CEO, Ronn Ford, expressed his aspiration to create a car that competes with renowned brands like Bugatti, Pagani, and Koenigsegg, envisioning an upgraded version of the Scorpion with advanced specifications and design insights. The company's focus lies in blending driving pleasure with state-of-the-art technologies that prioritize environmental sustainability in the evolving landscape of exotic and supercar vehicles. RONN Inc. is committed to advancing the commercialization of hydrogen in both mobile and stationary sectors, aiming to create value for shareholders while contributing positively to the planet's sustainability. The company's dedication to innovation and sustainability positions it at the forefront of automotive advancements, ushering in a new era of environmentally conscious luxury vehicles.