Chang Jae-hoon, the CEO of Hyundai Motor Group, announced the company's intentions to enhance its partnerships with global hydrogen companies, with a specific focus on the commercial vehicle segment. This announcement was made during the 'H2 MEET 2024' event held at KINTEX in Goyang, South Korea. Chang emphasized the importance of strengthening capabilities in mobility and energy applications, highlighting hydrogen's potential in commercial vehicles like trucks and buses. Hyundai Motor Group's current hydrogen business applications revolve around products such as hydrogen-electric buses, fuel cell forklifts, hydrogen-electric trucks, and hydrogen tube trailers. The company is also working on developing future products like mobile hydrogen charging stations and the Honeycomb Generator. By expanding partnerships in the commercial vehicle sector, Hyundai aims to collaborate with global automakers like Stellantis, Renault, and Volvo. Notably, Stellantis plans to launch a hydrogen truck in the US, Renault is developing a hydrogen version of its large van, and Volvo introduced a new electric truck with a long single-charge range. Moreover, Chang reaffirmed the partnership between Hyundai and General Motors Co., clarifying that it is a business partnership and not a joint venture. This partnership emerged after Hyundai acquired GM's India plant, aligning with both companies' business goals.