Hyundai Motor Company and the Skoda Group have signed a Memorandum of Understanding (MoU) to collaborate on establishing a hydrogen mobility ecosystem. The signing ceremony, which took place at the Korea-Czech Republic Business Summit in Prague on September 20, was attended by Ken Ramirez, executive vice-president and head of Global Commercial Vehicle and Hydrogen Business at Hyundai Motor Company, and Petr Novotny, CEO of Skoda Group.
- Hyundai-Skoda MoU covers FCEVs and hydrogen ecosystems
- Opportunities beyond mobility being explored
The MoU covers a study on adoption of hydrogen fuel cell systems and technologies, a study on adoption of energy-efficient solutions for mobility projects and products, and exploring hydrogen ecosystem and value chain opportunities beyond mobility.
“Our partnership with Skoda Group aims to accelerate hydrogen adoption, which would contribute to the advancement of hydrogen technology and carbon neutrality,” said Ramirez.
“We believe that hydrogen, alongside energy-efficient solutions, will play an essential role in transforming mobility for a more sustainable future. Our collaboration with Hyundai Motor Company aims at enabling us to look beyond national borders and explore wider markets,” said Novotny.
Both parties share the view that hydrogen will be a key pillar for a sustainable society, starting with mobility. As part of the MoU, the parties will explore the possibility of Hyundai sharing its fuel cell system and technology, contributing to the acceleration of eco-friendly mobility globally.
Hyundai Motor Company and the Skoda Group will also conduct feasibility studies for fuel-cell system applications for diverse utilisation beyond mobility.
Saptarshi Mondal
Hormazd Sorabjee
Dinshaw Magol
