Hyundai and Skoda have signed a Memorandum of Understanding (MOU) to collaborate on developing hydrogen fuel cell technologies.
The agreement was part of the Korea-Czech Republic Business Summit and was signed in Prague by executives from both companies. The MOU focuses on exploring hydrogen fuel cell systems, energy-efficient mobility solutions, and the broader hydrogen ecosystem.
Despite the collaboration, it’s unlikely that this will lead to new hydrogen-powered passenger cars from Hyundai or Skoda appearing in showrooms anytime soon. Skoda’s current hydrogen offerings are limited to buses and trams, while their cars still run on petrol, diesel, or battery-electric power. On the other hand, Hyundai has a more diversified hydrogen portfolio, including the Nexo SUV and the Xcient Fuel Cell truck.
The MOU was signed by Petr Novotný, CEO of Skoda Transportation, and Jaromir Silhanek, CEO of Skoda Electric. Both companies emphasize that the collaboration will focus beyond conventional mobility applications. They are conducting feasibility studies to see how fuel cell technology can be utilized in various sectors.
Both companies believe that hydrogen will play a crucial role in building a sustainable future. They see their collaboration as the beginning of a broader adoption of hydrogen technology in various applications.
