Hyundai and Skoda Collaborate on Hydrogen Mobility Ecosystem Expansion
Key Ideas
- Hyundai Motor Company and Skoda Group signed an MoU to collaborate on the adoption of hydrogen fuel cell systems and technologies for mobility projects.
- The partnership aims to explore opportunities beyond mobility, including energy-efficient solutions and hydrogen ecosystem development.
- Both companies believe that hydrogen will play a crucial role in achieving carbon neutrality and are committed to accelerating eco-friendly mobility globally.
Hyundai Motor Company and the Skoda Group have signed a Memorandum of Understanding (MoU) to collaborate on establishing a hydrogen mobility ecosystem. The signing ceremony occurred at the Korea-Czech Republic Business Summit in Prague, attended by key executives from both companies. The MoU covers studies on adopting hydrogen fuel cell systems, energy-efficient solutions, and exploring hydrogen ecosystem opportunities beyond mobility. Both Hyundai and Skoda view hydrogen as a vital component for a sustainable society, starting with mobility. The partnership aims to accelerate hydrogen adoption to advance technology and promote carbon neutrality. The agreement includes potential sharing of Hyundai's fuel cell system and technology to drive eco-friendly mobility globally. Feasibility studies for fuel-cell system applications in various sectors beyond mobility are also part of the collaboration. This partnership signifies a commitment to leveraging hydrogen and energy-efficient solutions for a more sustainable future. The article also mentions other companies like BMW, Toyota, and Kawasaki making advancements in hydrogen-powered vehicles and technologies, indicating a growing trend towards eco-friendly mobility solutions.