Hyundai Motor, Audi join hands for fuel cell technology

FILE - In this Wednesday, April 26, 2017, file photo, the logo of Hyundai Motor Co. is displayed at the automaker's showroom in Seoul, South Korea. Hyundai Motor Group on Wednesday says it has signed an agreement with Audi AG to jointly develop electronics vehicles powered by fuel cell. (AP Photo/Lee Jin-man, File)

SEOUL, South Korea — Hyundai Motor Group said Wednesday it 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 automaker, 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 refueling stations.

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

Other News

Australia's TPG abandons mobile network plan over Huawei ban

Jan 29, 2019

Australian company TPG Telecom is abandoning the rollout of its mobile network because of the government's ban on Chinese giant Huawei, which was to be main equipment vendor

China's electric vehicle industry shaken by scandal

Sep 13, 2016

China's electric vehicle industry, a flagship for Beijing's technology ambitions, has been rocked by scandal after five companies were caught collecting millions of dollars in subsidies for buses they never made

China aircraft carrier capabilities tested on latest mission

Jan 14, 2017

China's sole aircraft carrier has returned home following a three-week cruise during which its combat capabilities were closely scrutinized

Scienfinite is created to inspire our readers with the aim to understand the world and appreciate its everyday awe. Keep up with the technology and latest innovations here, only in Scienfinite.