Hyundai and Toyota Explore Hydrogen Collaboration at 2024 WRC
Key Ideas
- Hyundai's Euisun Chung discusses potential collaboration with Toyota on hydrogen-powered mobility at the 2024 World Rally Championship in Japan.
- Hyundai and Toyota CEOs met at the racing event to explore opportunities for cooperation in the hydrogen sector.
- Hyundai, with models like Nexo, has a history in hydrogen vehicles, while Toyota's Mirai is a competitor in the FCEV market.
- Chung praises Hyundai's victory at the WRC and emphasizes the motivation to continue developing cars with passion and excellence.
During the 2024 World Rally Championship (WRC) held at Toyota Stadium in Aichi Prefecture, Japan, Hyundai Motor Group's chief Euisun Chung expressed interest in collaborating with Toyota Motor in the field of hydrogen-powered mobility. This discussion between the two automotive giants emerged after Chung and Toyota Chairman Akio Toyoda met for the second time in less than a month. Hyundai, a pioneer in hydrogen vehicles, currently offers the Nexo FCEV model and recently unveiled the Initium concept. The cooperation prospects are seen as a result of the positive reception of the Hyundai team's victory at the WRC, with Chung expressing pride in driver Thierry Neuville's achievement. The collaboration signifies a potential boost for innovation and competition in the automotive industry.