Saudi Deal Ramps Up Hyundai's Hydrogen Fuel-Cell Program
Korean automaker keen on hydrogen powertrain project in Saudi Arabia.
Hyundai has reaffirmed its commitment to the future of hydrogen powertrains with its plans to establish and develop an ecosystem for hydrogen-based mobility in Saudi Arabia.
The automaker has signed a memorandum of understanding with Korea Automotive Technology Institute (KATECH), Air Products Qudra (APQ) and the Saudi Public Transport Company (SAPTCO). The parties have agreed to cooperate in establishing a hydrogen-based mobility ecosystem in Saudi Arabia and to provide support on technological services and human resources. Specific areas of collaboration include promoting demonstration projects for hydrogen fuel-cell commercial vehicles and exploring opportunities for joint research in the field of hydrogen mobility.
Hyundai is expected to provide hydrogen fuel-cell commercial vehicles to SAPTCO as part of the partnership. Meanwhile, KATECH is expected to explore further opportunities for collaboration in research and development and APQ will secure a hydrogen supply in Saudi Arabia for the partnership. SAPTCO is expected to closely cooperate with the stakeholders to formulate a long-term plan aimed at expanding the ecosystem for hydrogen-based mobility in the country.
Jaehoon Chang, president and CEO of Hyundai Motor Company, says: “This partnership with the country's major stakeholders represents a significant milestone in our efforts to establish a sustainable hydrogen value chain in Saudi Arabia. We also plan to continuously expand the hydrogen-based mobility industry in line with Saudi Arabia's ambition to reach net zero emissions.”
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