Hyundai Motor Company and Škoda Group have signed a Memorandum of Understanding to collaborate on hydrogen mobility solutions and energy-efficient innovations. The partnership, announced during the Korea-Czech Business Summit in Prague, focuses on advancing hydrogen technology, eco-friendly mobility, and contributing to a sustainable future. The agreement includes the adoption of Hyundai’s hydrogen fuel cell systems and exploring wider market opportunities for hydrogen energy beyond mobility. Key highlights of the collaboration involve accelerating hydrogen adoption, contributing to carbon neutrality, and expanding the hydrogen ecosystem. Signatories include Ken Ramírez, Executive Vice President at Hyundai Motor Company, and Petr Novotný, CEO of Škoda Group, with a focus on the Czech Republic and global regions where Škoda Group operates. Hyundai's expertise in hydrogen technologies, particularly through its HTWO brand, will be shared with Škoda Group to enhance sustainability in transport solutions. The collaboration also aims to explore new business opportunities by bringing eco-friendly hydrogen solutions to various sectors, aligning with the goal of a clean energy future globally. Hyundai's manufacturing plant in Nošovice, Czech Republic, plays a crucial role in showcasing the company's commitment to the region. With an annual capacity of 350,000 vehicles, it remains a significant investment in the Czech Republic and one of the most modern facilities in Europe.