AUDI AG and Hyundai Motor Group are driving the development of fuel cell technology. The two companies plan to cross-license patents and grant access to non-competitive components. The agreement is currently subject to approval from the applicable regulatory authorities. Through their collaboration, both partners aim to bring the fuel cell to volume production maturity more quickly and more efficiently. Audi and Hyundai are also exploring more far-reaching collaboration on the development of this sustainable technology.
“The fuel cell is the most systematic form of electric driving and thus a potent asset in our technology portfolio for the emission-free premium mobility of the future,” says Peter Mertens, Board Member for Technical Development at AUDI AG. “On our FCEV roadmap, we are joining forces with strong partners such as Hyundai. For the breakthrough of this sustainable technology, cooperation is the smart way to leading innovations with attractive cost structures.”