Officers from Hyundai Motor Group and Air Liquide pose after signing a partnership deal throughout the Hydrogen Council CEO Summit in Seoul, Thursday. Courtesy of Hyundai Motor Group
Hyundai Motor Group stated Friday it has signed a strategic partnership with France-based industrial power provider Air Liquide to broaden the worldwide hydrogen ecosystem.
Throughout the Hydrogen Council CEO Summit held from Tuesday by means of Thursday in Seoul, the 2 sides renewed their earlier memorandum of understanding (MOU), upgrading it to a strengthened partnership geared toward advancing a complete hydrogen worth chain — spanning manufacturing, storage, transportation and utilization, in accordance with Hyundai Group.
By the strengthened collaboration, Hyundai and Air Liquide plan to determine key hubs in Europe, Korea and the USA to foster hydrogen ecosystem progress.
The businesses can even deal with increasing infrastructure, constructing a dependable provide chain and deploying hydrogen mobility options by combining Hyundai’s mobility capabilities with Air Liquide’s technical experience.
As co-chairs of the Hydrogen Council, a worldwide CEO-led hydrogen coalition, the 2 sides will work collectively to advertise worldwide cooperation, trade standardization and coverage advocacy to speed up the worldwide power transition and decarbonization efforts.
“Hyundai Motor Group is proud to deepen its collaboration with Air Liquide to appreciate our shared imaginative and prescient of a hydrogen-powered future,” stated Ken Ramirez, head of the hydrogen enterprise division at Hyundai Motor Group.
