Hyundai Motor Company sets up JV with Swiss hydrogen company H2E
- 5 years ago
Hyundai Motor Company has officially launched a joint venture with Swiss firm H2 Energy.
The venture, called Hyundai Hydrogen Mobility, aims to sell around 16-hundred hydrogen fuel cell-powered trucks by 2025.
The South Korean auto giant will provide the trucks.
H2 Energy will be responsible for technical and consulting solutions.
According to Hyundai, the joint venture will help its hydrogen energy business expand into the European market, including Germany and Norway.
The venture, called Hyundai Hydrogen Mobility, aims to sell around 16-hundred hydrogen fuel cell-powered trucks by 2025.
The South Korean auto giant will provide the trucks.
H2 Energy will be responsible for technical and consulting solutions.
According to Hyundai, the joint venture will help its hydrogen energy business expand into the European market, including Germany and Norway.