Hyundai Motor Company Teams Up with Skoda Group for Hydrogen Powertrains Development
Key Ideas
- Hyundai Motor Company and Skoda Group have partnered for the development of hydrogen powertrains for vehicles.
- Skoda Group, known for building train engines and carriages, will design buses and large commercial transports, while Hyundai will supply the fuel-cell powertrains.
- The partnership signifies a collaboration between a car manufacturer and a company specializing in train engines and electric buses.
- Skoda Group has the legal right to use the Skoda Auto nameplate and badge until 2029 under a separate agreement.
Hyundai Motor Company has entered into a partnership agreement with Skoda Group to collaborate on the research and development of hydrogen powertrains for vehicles. Skoda Group, which is distinct from Skoda Auto, has expertise in building train engines, carriages, and electric buses. As part of this new partnership, Skoda Group will focus on designing buses and other large transports for commercial use, while Hyundai will supply the fuel-cell powertrains for these vehicles. This unique collaboration brings together the capabilities of a traditional car manufacturer with those of a company specializing in train engines and electric buses. Additionally, Skoda Group has the authorization to use the Skoda Auto nameplate and badge until 2029 through a separate agreement, allowing for brand recognition in their ventures. This partnership marks a significant step in the advancement of hydrogen technology in the transportation sector, emphasizing the growing importance of eco-friendly solutions in the automotive industry.