Looking for a used or new machine tool?
1,000s to choose from
Machinery-Locator
Bodor MPU Ceratizit MPU Mills CNC MPU 2021 Hurco MPU XYZ Machine Tools MPU

Machinery-Locator
The online search from the pages of Machinery Market.

Barnes 15 Ton 48 inch hydraulic Pressbrake 111230
Barnes 15 Ton 48 inch hydraulic PressbrakeEx University due in to Bowland Darwen works, May 2024, ca
Barnes 15 Ton 48 inch hydraulic PressbrakeEx University due in to Bowland Darwen works, May 2024, ca...
Bowland Trading Ltd

Be seen in all the right places!

Metal Show & TIB 2024 Plastics & Rubber Thailand Intermach 2024 Metaltech 2024 Subcon 2024 Advanced Engineering 2024

Hyundai and Audi partner in fuel cell technology

Posted on 09 Jul 2018 and read 2233 times
Hyundai and Audi partner in fuel cell technologyHyundai Motor Group (www.hyundai.co.kr) and Audi (www.audi.com) have entered into a multi-year patent cross-licensing agreement that covers a broad range of fuel-cell electric-vehicle (FCEV) components and technologies.

The agreement was signed by Hyundai Motor Co — the group’s flagship car-making unit — and Audi, but it also covers both companies’ affiliates, including Kia Motors Corporation and Audi’s parent company Volkswagen AG.

The duration of the agreement has not been disclosed, but it includes mutual access to fuel-cell components.

As a first step, Hyundai Motor Group will grant its counterpart access to parts that are based on Hyundai’s know-how accumulated from the development of the ix35 fuel cell as well as NEXO.

Audi, which is responsible for the development of fuel-cell technology within the Volkswagen Group, will also be able to take full advantage of Hyundai’s FCEV parts supply chain.

Hyundai Motor Co has been offering SUV-Class FCEVs since 2013, and it currently sells them in 18 countries around the world.

Euisun Chung, vice-chairman of Hyundai Motor Co, said: “This agreement is another example of Hyundai’s strong commitment to creating a more sustainable future, while enhancing consumers’ lives with hydrogen-powered vehicles — the fastest way to a truly zero-emission world.


"We are confident that the Hyundai Motor Group-Audi partnership will successfully demonstrate the vision and benefits of FCEVs to global society.”

Hyundai Motor Group also plans to strengthen its competitiveness in the fuel cell components industry, engaging in new business opportunities created by the new partnership.

Hyundai Mobis, the group’s leading manufacturer of FCEV components, is expected to continuously expand its role — developing and supplying proprietary core components for Hyundai and Kia FCEVs.