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Hyundai Motor Company and ล koda Group have joined forces to try to advance hydrogen mobility by signing a Memorandum of Understanding (MOU) during the Korea-Czech Business Summit, held in Prague on September 20th, 2024. This collaboration aims to promote the adoption of hydrogen technology in the transportation sector, contributing to a more sustainable future for the automotive industry.
The signing ceremony featured Ken Ramรญrez, Executive Vice President of Global Commercial Vehicle and Hydrogen Business at Hyundai Motor Company, and Petr Novotnรฝ, CEO of ล koda Group. Both companies pledged their commitment to exploring hydrogen fuel cell systems and energy-efficient solutions for future mobility projects.
โWe 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,โ
Petr Novotnรฝ, CEO of ล koda Group.
Both companies share the belief that hydrogen will play a crucial role in achieving a sustainable society, particularly within the transportation sector. Hyundai will provide its expertise in hydrogen fuel cell systems and technology to accelerate eco-friendly mobility in markets where ล koda operates, including the Czech Republic.
Beyond mobility, the companies will also investigate the potential applications of hydrogen technology in other sectors. Hyundaiโs global experience in hydrogen applications positions it to support broader energy transitions. Through this partnership, both Hyundai and ล koda aim to create a strong hydrogen ecosystem.
โOur partnership with ล koda Group aims to accelerate hydrogen adoption, which would contribute to the advancement of hydrogen technology and carbon neutrality across global markets, including the Czech Republic. Together with ล koda Group, we strive to lead the rapidly growing hydrogen businesses by creating positive synergies between our fuel cell technology and ล koda Groupโs mobility products and projects.โ
Ken Ramรญrez, Executive Vice President and Head of Global Commercial Vehicle and Hydrogen Business, Hyundai Motor Company
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