{"id":51996,"date":"2024-09-29T18:17:33","date_gmt":"2024-09-29T15:17:33","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=51996"},"modified":"2026-03-28T06:38:37","modified_gmt":"2026-03-28T03:38:37","slug":"hyundai-motor-and-skoda-group-to-collaborate-on-hydrogen-advancement-and-energy-efficient-solutions-for-mobility","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/hyundai-motor-and-skoda-group-to-collaborate-on-hydrogen-advancement-and-energy-efficient-solutions-for-mobility\/","title":{"rendered":"Hyundai Motor and \u0160koda Group to Collaborate on Hydrogen Advancement and Energy Efficient Solutions for Mobility"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hyundai Motor Company and \u0160koda Group sign a Memorandum of Understanding (MOU) during the Korea-Czech Business Summit in Prague<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Both parties to cooperate in establishing a hydrogen economy and realizing a sustainable future mobility ecosystem<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \u0160koda Group to explore hydrogen mobility expansion by adopting Hyundai\u2019s hydrogen fuel cell systems and technologies<\/p>\n\n\n\n<pre class=\"wp-block-preformatted\">&nbsp;<\/pre>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Dubai, September 28, 2024<\/strong>\u00a0\u2013 Hyundai Motor Company and \u0160koda Group have signed a Memorandum of Understanding (MOU) to collaborate on establishing a hydrogen mobility ecosystem.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The signing ceremony, which took place at the Korea-Czech Republic Business Summit in Prague, was attended by Ken Ram\u00edrez, Executive Vice President and Head of Global Commercial Vehicle and Hydrogen Business at Hyundai Motor Company, and Petr\u00a0Novotn\u00fd, CEO of\u00a0\u0160koda Group.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The MOU covers studies on the adoption of hydrogen fuel cell systems and technologies, studies on the adoption of energy-efficient solutions for mobility projects and products, and exploration of hydrogen ecosystem and value chain opportunities beyond mobility.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cOur partnership with \u0160koda 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,\u201d said Executive Vice President Ram\u00edrez. \u201cTogether with \u0160koda Group, we strive to lead the rapidly growing hydrogen businesses by creating positive synergies between our fuel cell technology and \u0160koda Group\u2019s mobility products and projects.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe 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 to enable 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&#8217;s needed most,\u201d said Petr Novotn\u00fd, CEO of \u0160koda Group.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Both parties believe that hydrogen will be a crucial pillar for a sustainable society, starting with mobility. As part of the MOU, the parties will explore the possibility that Hyundai would share its fuel cell system and technology, contributing to the acceleration of eco-friendly mobility across global markets where the \u0160koda Group operates, including the Czech Republic.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hyundai Motor Company and \u0160koda Group will also conduct feasibility studies for fuel cell system applications for diverse utilization beyond mobility. Leveraging its global expertise and insights in operating various hydrogen applications in both mobility and energy sectors, Hyundai is poised to play a pivotal role in aiding the energy transition.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hyundai Motor Group is committed to building a hydrogen society under its hydrogen value chain business brand HTWO. This brand encompasses the Group\u2019s businesses and affiliates and enables each stage of the entire hydrogen value chain.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Established in 2008, Hyundai Motor Manufacturing Czech (HMMC) in No\u0161ovice has an annual manufacturing capacity of 350,000 vehicles. Considered one of Europe&#8217;s most modern car manufacturers, the manufacturing plant was also the largest foreign investment in the Czech Republic.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hyundai Motor Company and \u0160koda Group sign a Memorandum of Understanding (MOU) during the Korea-Czech Business Summit in Prague \u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Both parties to cooperate in establishing a hydrogen economy and realizing a sustainable future mobility ecosystem \u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \u0160koda Group to explore hydrogen mobility expansion by adopting Hyundai\u2019s hydrogen fuel cell systems and technologies &nbsp; [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":51997,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":26,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[26],"tags":[],"class_list":["post-51996","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automotive","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is 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