Teaming up on hydrogen

Hyundai Motor Company and Skoda Group have signed a memorandum of understanding (MOU) to collaborate on establishing a hydrogen mobility ecosystem.

The MOU covers study on adoption of hydrogen fuel cell systems and technologies, study on adoption of energy efficient solutions for mobility projects and products, and exploring hydrogen ecosystem and value chain opportunities beyond mobility.

Ken Ramirez, executive vice-president and head of global commercial vehicle and hydrogen business at Hyundai, says: “Our partnership with Skoda Group aims to accelerate hydrogen adoption, which would contribute to the advancement of hydrogen technology and carbon neutrality across global markets.

“Together with Skoda Group, we strive to lead the rapidly growing hydrogen businesses by creating positive synergies between our fuel cell technology and Skoda Group’s mobility products and projects.”

The parties shared the view that hydrogen will be a key pillar for a sustainable society, starting with mobility. 

As part of the MOU, the companies will explore Hyundai sharing its fuel cell system and technology, contributing to the acceleration of eco-friendly mobility across global markets where Skoda Group operates, including the Czech Republic.

Hyundai and Skoda will also conduct feasibility studies for fuel cell system applications beyond mobility, such as in the energy sector.

Petr Novotny, Skoda’s chief executive officer, adds: “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 where these technologies can have a larger impact. 

“By working together, we can bring innovative, eco-friendly solutions to the global mobility ecosystem, advancing cleaner energy in the areas where it's needed most.”