Hyundai and Skoda's Latest Collaboration: What is it About

20/09/2024 - 16:53 | Hyundai,  ,   | IAB Team

Hyundai Motor Company and Škoda Group have officially joined forces to develop a hydrogen mobility ecosystem. The collaboration was sealed through a Memorandum of Understanding (MOU) signed by Hyundai’s Executive VP, Ken Ramírez, and Škoda Group’s CEO, Petr Novotný, during the Korea-Czech Republic Business Summit in Prague.

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The agreement focuses on exploring hydrogen fuel cell technologies and energy-efficient solutions for mobility. Both companies share the vision of hydrogen being a key component for a sustainable future, particularly in mobility. Hyundai's fuel cell technology is expected to drive eco-friendly transport in Škoda's key markets, including the Czech Republic.

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In addition to mobility, Hyundai and Škoda will explore the broader applications of hydrogen, positioning both brands at the forefront of the global energy transition.

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