Audi and Hyundai intend cooperation
Audi AG and Hyundai Motor Group plan to cross-license patents and grant access to non-competitive components to bring the fuel cell to volume production maturity more quickly. 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,” says Peter Mertens, board member for technical development at Audi. “For the breakthrough of this sustainable technology, cooperation is the smart way to leading innovations with attractive cost structures.”
Vice-chairman at Hyundai Motor Company, Euisun Chung, says they are confident that their partnership with Audi will successfully demonstrate the vision and benefits of FCEVs to the global society. “This agreement is another example of Hyundai’s strong commitment to creating a more sustainable future whilst enhancing consumers’ lives with hydrogen-powered vehicles, the fastest way to a truly zero-emission world.”
Within the Volkswagen Group, Audi has taken on the development of fuel cell technology and is currently working on its sixth generation. Audi intends to introduce the first fuel cell model as a small series production of a sporty SUV. The model will combine the comfort of the full-size segment with long-range capability. The cross-license agreement with Hyundai is focused on the next development stage intended for a broader market offer.