Hyundai Motor Partners with Skoda Electric to Advance Hydrogen Society in Europe
Key Ideas
- Hyundai Motor and Skoda Electric signed an MOU in Prague to develop hydrogen mobility and energy fields, expanding Hyundai's global hydrogen alliance to Europe.
- The collaboration aims to supply hydrogen fuel cell systems, research energy-efficient solutions, and explore opportunities in hydrogen ecosystems beyond mobility.
- Skoda Electric, part of the Volkswagen Group, will utilize Hyundai's hydrogen fuel cell system to release hydrogen-powered vehicles in the European market.
- The partnership signifies Hyundai's strategic move to strengthen its hydrogen alliance in Europe after collaborations in Korea, the United States, and Japan.
Hyundai Motor has entered into a memorandum of understanding (MOU) with Skoda Electric, a Czech car brand, to enhance the hydrogen society in Europe. The agreement, signed in Prague, Czech Republic, focuses on advancing hydrogen mobility and energy fields. Skoda Electric, a member of the Volkswagen Group and a prominent automaker in Central and Eastern Europe, aims to leverage Hyundai's expertise in hydrogen fuel cell systems to develop hydrogen-powered vehicles. Through the MOU, the companies plan to collaborate on hydrogen fuel cell systems and technology supply, research for efficient energy solutions in mobility projects, and explore opportunities in hydrogen ecosystems beyond transportation. Skoda Electric, known for its eco-friendly vehicles, introduced a hydrogen bus in 2022, indicating its commitment to sustainable transportation solutions. Hyundai's strategic partnership with Skoda Electric is seen as a strategic move to expand its global hydrogen alliance to Europe, following successful collaborations in Korea, the United States, and Japan. This partnership underlines a shared commitment to advancing sustainable mobility and energy solutions through hydrogen technology.