Hyundai Motor, in collaboration with Guangzhou and Ulsan, has entered into a strategic partnership to advance the hydrogen sector. The non-binding agreement aims to establish an effective hydrogen energy cooperation mechanism in the two cities. Through joint efforts, the parties plan to organize hydrogen energy exchanges, seminars, and demonstrate projects, focusing on the complete hydrogen production cycle. This initiative includes sharing valuable industry examples, conducting joint research and development projects, and promoting substantive cooperation results. Hyundai Motor will play a significant role in supporting hydrogen initiatives in Guangzhou and Ulsan, further solidifying their prominent positions in the hydrogen industry. With its first overseas hydrogen fuel cell production base, HTWO Guangzhou, already operational, Hyundai Motor is set to expand its hydrogen fuel cell presence in China, aiming to contribute over 1,000 fuel cells by the following year. This strategic partnership not only accelerates the globalization of Hyundai's hydrogen business but also positions the involved parties at the forefront of innovation in the hydrogen fuel cell technology sector.