Hyundai Skoda signed a memorandum of understanding during the business summit in Prague. The two companies will work together on the development of hydrogen-powered systems.
Hyundai Motor Company and Skoda Group have signed a memorandum of understanding (MOU) to begin collaboration to establish a hydrogen mobility ecosystem. The signing ceremony, which took place at the Korea-Czech Republic business summit, was attended by Ken Ramírez, Executive Vice President and Head of Global Commercial Vehicles and Hydrogen Business at Hyundai Motor Company, and Petr Novotný, CEO of Skoda Group .
The agreement will cover the study on the adoption of hydrogen fuel cell systems and technologies, the study on the adoption of energy efficient solutions for mobility projects and products, and the exploration of the hydrogen ecosystem and value chain opportunities beyond mobility.
“Our partnership with the Skoda Group aims to accelerate the adoption of hydrogen, which would contribute to the advancement of technology and carbon neutrality in global markets, including the Czech Republic,” said Executive Vice President Ramírez. “Together with the Skoda Group, we strive to lead the rapidly growing hydrogen business, creating positive synergies between our fuel cell technology and the Skoda Group’s mobility projects.”
Hyundai and Skoda want to develop engines that run on hydrogen
“We believe that hydrogen, together with energy-efficient solutions, will play a key role in transforming mobility for a sustainable future. Our collaboration with Hyundai Motor Company aims to enable us to look beyond national borders and explore wider markets where these technologies can have a greater impact. Working together, we can bring innovative and green solutions to the global mobility ecosystem, promoting cleaner energy in the areas where it is most needed,” said Petr Novotný, CEO of the Skoda Group.
Hyundai Motor Company and Skoda Group will also conduct feasibility studies for applications of fuel cell systems for diverse use beyond the automotive field. Using its global expertise and knowledge in operating various hydrogen applications in both the mobility and energy sectors, Hyundai wants to expand the use of this technology.
Source: www.promotor.ro
