a partnership around hydrogen

Hyundai and Škoda have signed a memorandum of understanding aimed at developing a future sustainable mobility ecosystem around hydrogen.

During the Korea-Czech Business Summitwhich was held a few days ago in Prague, Czech Republic, Hyundai and Skoda signed a memorandum of understanding to achieve a future ecosystem around hydrogen.

Hyundai and Škoda: a future ecosystem around hydrogen

This partnership between Hyundai and Škoda aims to study the adoption of hydrogen fuel cell systems and technologiesenergy-efficient solutions for mobility projects and products, but also the exploration of opportunities in the hydrogen ecosystem and its value chain, beyond mobility solutions.
“Our partnership with the Škoda Group aims to accelerate the adoption of hydrogen, which would contribute to the advancement of hydrogen technology and carbon neutrality in global markets, including the Czech Republic”declared on this occasion Ken Ramírez, Executive Vice President and Head of Global Commercial Vehicle and Hydrogen Business at Hyundai Motor Company: “Together with the Škoda Group, we strive to lead the growing hydrogen business by creating positive synergies between our fuel cell technology and the Škoda Group’s mobility products and projects.”

An essential pillar of sustainable mobility

Hyundai and Škoda share the idea that hydrogen will be an essential pillar of sustainable mobility. As part of their collaboration, Hyundai should share its hydrogen fuel cell system and technologyallowing Škoda to develop hydrogen vehicles in markets around the world where the brand is present, including the Czech Republic.
Hyundai and Škoda will also study applications of hydrogen fuel cell systems foruses other than mobilitydrawing on Hyundai’s expertise in energy transition and hydrogen applications in the mobility and energy sectors.
As for the Hyundai Motor group, the group’s activities and subsidiaries dedicated to the hydrogen value chain are grouped under its commercial brand HTwo (H2, symbol for dihydrogen), which aims to build a hydrogen society and draws on Hyundai’s more than 20 years of experience in hydrogen fuel cell technology.

Hyundai is also present in the Czech Republic, in Nošovice, with a factory founded in 2008 which has a production capacity of 350,000 vehicles per year: it represents the largest foreign investment in the Czech Republic.