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Last Updated Tuesday March 31 2020 12:49 PM IST

Hyundai, Audi join hands for fuel cell technology

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Hyundai, Audi join hands for fuel cell technology Representative image. Photo: Getty Images

Seoul (South Korea): Hyundai Motor Group on Wednesday said it has signed an agreement with Audi AG to jointly develop electronics vehicles powered by fuel cell.

Under the multi-year agreement, Hyundai's affiliates, including Kia and Audi's parent company Volkswagen AG, will share components, supply chains and patent licensing.

The duration of the partnership wasn't disclosed.

Hyundai, the world's fifth-largest auto maker, began to mass produce fuel cell vehicles in 2013. But in South Korea and elsewhere, wider adoption of hydrogen fuel cell vehicles has been slow largely due to a dearth of refuelling stations.

South Korea's government plans to add more hydrogen refuelling stations to increase electronics vehicle sales and reduce carbon emissions.

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The opinions expressed here do not reflect those of Malayala Manorama. Legal action under the IT Act will be taken against those making derogatory and obscene statements.

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