Hyundai gives Skoda a boost with hydrogen

It is believed that hydrogen, alongside energy-efficient solutions, will play a crucial role in the transformation of mobility for a more sustainable future, stated Petr Novotný, CEO of the Škoda Group. The declaration of intent includes a study on the introduction of hydrogen fuel cell systems and technologies, a study on the introduction of energy-efficient solutions for mobility projects and products, as well as the exploration of hydrogen ecosystem opportunities and the value chain beyond mobility. As part of the declaration of intent, the parties will examine the possibility of Hyundai providing its fuel cell system and fuel cell technology, thereby contributing to the acceleration of environmentally friendly mobility in global markets where the Škoda Group operates, including the Czech Republic. Through its HTWO brand, the Hyundai Motor Group is committed to building a hydrogen society and covers every stage of the entire hydrogen value chain.

Hyundai Motor Manufacturing Czech (HMMC) in Nošovice was established in 2008 and has an annual production capacity of 350,000 vehicles. The plant is considered one of the most modern automotive productions in Europe and was simultaneously the largest foreign investment in the Czech Republic.