Hyundai and Škoda Collaborate for Hydrogen Mobility Ecosystem
Key Ideas
- Hyundai and Škoda signed an MOU to establish a hydrogen mobility ecosystem at the Korea-Czech Business Summit in Prague.
- The collaboration involves the exploration of hydrogen fuel cell systems and technologies for sustainable future mobility.
- Both parties aim to accelerate hydrogen adoption globally, contribute to carbon neutrality, and explore wider markets for eco-friendly solutions.
- Feasibility studies will be conducted for fuel cell system applications beyond mobility, leveraging Hyundai's expertise in hydrogen applications.
Hyundai Motor Company and Škoda Group have signed a Memorandum of Understanding (MOU) to collaborate on establishing a hydrogen mobility ecosystem. This partnership, initiated at the Korea-Czech Business Summit in Prague, focuses on adopting hydrogen fuel cell systems and technologies for sustainable mobility projects. The agreement also includes exploring energy-efficient solutions, hydrogen value chain opportunities, and the potential for Hyundai to share its fuel cell technology with Škoda Group. The aim is to accelerate hydrogen adoption globally and promote eco-friendly mobility in markets such as the Czech Republic. Both companies emphasize the essential role of hydrogen in achieving a sustainable society and plan to conduct feasibility studies for diverse fuel cell applications beyond traditional mobility sectors. Hyundai's commitment to building a hydrogen society through its HTWO brand aligns with Škoda Group's vision for sustainable transformation in the mobility industry. The collaboration signifies a significant step towards cleaner energy solutions and innovation in the global mobility ecosystem, showcasing positive synergies between the two automotive giants.
Topics
Utilities
Innovation
Sustainability
Energy Transition
Collaboration
Eco-friendly
Feasibility Studies
Value Chain
Business Summit
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