Hyundai Motor Company and Skoda Group have recently joined forces to collaborate on advancing hydrogen technology for sustainable mobility. The two companies signed a Memorandum of Understanding (MOU) at the Korea-Czech Republic Business Summit in Prague. This collaboration aims to establish a hydrogen mobility ecosystem that will contribute to the development of hydrogen technology and promote carbon neutrality on a global scale.
During the signing ceremony, Ken Ramírez, Executive Vice President and Head of Global Commercial Vehicle and Hydrogen Business at Hyundai Motor Company, expressed his enthusiasm for the partnership. He highlighted the importance of accelerating hydrogen adoption to drive positive changes in the automotive industry. Petr Novotný, CEO of Skoda Group, also emphasized the significance of hydrogen and energy-efficient solutions in shaping a more sustainable future for mobility.
Both companies believe that hydrogen will play a vital role in creating a sustainable society, starting with transforming the way we move. As part of the MOU, Hyundai may share its fuel cell system and technology with Skoda to enhance eco-friendly mobility in markets where Skoda Group operates, including the Czech Republic. Additionally, they will explore potential applications of fuel cell systems beyond traditional mobility, opening up new possibilities for utilizing hydrogen technology.
Hyundai Motor Group has a strong commitment to building a hydrogen society through its HTWO brand, which covers various businesses and affiliates involved in the hydrogen value chain. With its expertise in operating hydrogen applications across different sectors, Hyundai is well-positioned to drive the energy transition towards cleaner and more sustainable solutions.
In addition to their collaboration on hydrogen technology, Hyundai Motor Company and Skoda Group will also conduct feasibility studies to explore diverse applications for fuel cell systems. This initiative aims to leverage Hyundai’s global experience in implementing hydrogen solutions to address the evolving needs of the mobility and energy sectors.
Furthermore, Hyundai’s manufacturing plant in the Czech Republic, Hyundai Motor Manufacturing Czech (HMMC) in Nošovice, plays a significant role in the partnership. With an annual capacity of 350,000 vehicles, the plant is recognized as one of the most advanced car manufacturers in Europe. Since its establishment in 2008, HMMC has been a key foreign investment in the Czech Republic, contributing to the local economy and fostering technological innovation.
The collaboration between Hyundai Motor Company and Skoda Group signifies a shared commitment to driving sustainable mobility through hydrogen technology. By combining their expertise and resources, the two companies aim to lead the way in promoting eco-friendly solutions and advancing the global mobility ecosystem towards a more sustainable future.
