Almajdouie Group participates in Aramco’s Global Hydrogen Technology Conference
Almajdouie Group, represented by its logistics and automotive departments, recently participated in Saudi Aramco’s Global Hydrogen Technology Conference, which witnessed the presence of a number of leading companies in the field of renewable energy, at the King Abdul Aziz Center for World Culture (Ithra).
The participation is in line with the Kingdom’s Vision 2030 as well as the group’s keen belief in the importance of investing in the future and protecting the environment.
The group’s delegation was headed by Mohammad bin Ali Almajdouie, CEO of Almajdouie Logistics and board member of Almajdouie Group. The chief executive delivered a speech in which he reviewed the exceptional efforts undertaken by the Kingdom in accordance with the ambitious Vision 2030 to preserve the environment, create new job opportunities and meet the growing demand in the vehicle and logistics sectors, targeting the diversity of renewable energy and the sustainability of solutions and logistics services.
The conference witnessed the presentation of a working paper by Almajdouie Motors Company, which addressed the most prominent achievements of Hyundai in the field of renewable energy. The presentation also featured a number of Almajdouie Hyundai vehicles in the field of public and heavy commercial transport, including the Xcient FCEV, Nexo passenger vehicles, as well as the hydrogen-powered FCEV passenger bus.
Noting that Hyundai Motor Group realizes the importance of hydrogen-powered vehicles as a longterm and more sustainable option, Hyundai revealed its future plans to increase the production capacity of fuel systems, aiming at reaching 700,000 units annually of fuel cell systems for cars, as well as to develop hydrogen solutions in other sectors such as ships, drones and power generators by 2030.
This rapid development comes as a result of the growth of investments in the field of renewable energy at the national and global levels, which will achieve environmental stability and sustainable development to provide a healthy and safe
future.