- Hyundai Motor Group and AUDI AG enter into obvious cross-licensing agreement in FCEVs
- Agreement covers existent patents as good as those filed over a years to come
- Hyundai Motor Group seeks new business opportunities in FCEV member industry
SEOUL/INGOLSTADT, Jun 20, 2018 – Hyundai Motor Group (the Group) and AUDI AG (Audi) announced they have entered into a multi-year obvious cross-licensing agreement, covering a extended operation of fuel dungeon electric automobile (FCEV) components and technologies. Under a new partnership, a world’s fifth-largest auto-making organisation and a German reward automobile builder will make corner efforts in building FCEVs, to lead a automotive attention to a some-more tolerable future.
The cross-license agreement has been sealed between Hyundai Motor Company – a Group’s flagship car-making section – and Audi though also covers and advantages both companies’ affiliates, including though not singular to Kia Motors Corporation and Audi’s primogenitor association Volkswagen AG. Hyundai and Audi, as good as their affiliates will equally share a obvious licenses over a years to come. The era of a agreement has not been disclosed.
The partnership between Hyundai Motor Group and Audi will precedence common RD capabilities in fuel dungeon record to rouse their participation in a FCEV market. Therefore, a agreement also includes mutual entrance to fuel dungeon components. As a initial step, Hyundai Motor Group will extend a reflection a entrance to tools that are formed on Hyundai’s expertise amassed from a growth of ix35 Fuel Cell as good as NEXO.
Audi – obliged for a growth of fuel dungeon record within a Volkswagen Group – will also be means to take full advantage of Hyundai’s FCEV tools supply chain. Hyundai Motor Company, a world’s initial mass-producer of fuel dungeon vehicles, has been charity SUV-Class FCEVs given 2013, and now sells them in 18 countries around a world.
“This agreement is another instance of Hyundai’s clever fasten to formulating a some-more tolerable destiny while enhancing consumers’ lives with hydrogen-powered vehicles, a fastest approach to a truly zero-emission world,” conspicuous Euisun Chung, Vice Chairman during Hyundai Motor Company. “We are assured that a Hyundai Motor Group-Audi partnership will successfully denote a prophesy and advantages of FCEVs to a tellurian society.”
“The fuel dungeon is a many systematic form of electric pushing and so a manly item in a record portfolio for a emission-free reward mobility of a future,” conspicuous Peter Mertens, Board Member for Technical Development during AUDI AG. “On a FCEV roadmap, we are fasten army with clever partners such as Hyundai. For a breakthrough of this tolerable technology, team-work is a intelligent approach to heading innovations with appealing cost structures.”
Partnership over obvious sharing
Hyundai Motor Group and Audi have also concluded to try opportunities for a subsequent step in their collaboration. This subsequent step will aim to lead attention standards in fuel dungeon record as good as accelerate FCEV growth and coax creation in this technology, providing some-more modernized mobility options to customers.
Alliance opens new doors for a Group’s fuel dungeon components business
Hyundai Motor Group also skeleton to strengthen a competitiveness in a fuel dungeon components industry, enchanting in new business opportunities combined by a new partnership. Hyundai Mobis (Mobis), a heading FCEV’s components manufacturer of a Group, is approaching to invariably enhance a purpose for building and provision exclusive core components for Hyundai and Kia FCEVs.
In 2017, Mobis became a initial association in a universe to settle an integrated prolongation complement for core components of FCEVs. The company’s plant in Chungju, South Korea, now has a prolongation ability of 3,000 powertrain fuel dungeon finish (PFC) modules per year. PFC modules are comprised of fuel stacks, expostulate motors, appetite electronic components and hydrogen fuel supply units. Mobis will lift a plant’s ability to tens of thousands of PFC modules down a road, depending on marketplace demand.
Long ranges and brief refueling times make hydrogen an appealing destiny source of appetite for electric mobility. This is quite loyal for incomparable automobiles, where a weight advantages of a fuel dungeon automobile fundamental to a pattern are quite pronounced. Key aspects for a destiny marketplace success embody a regenerative prolongation of hydrogen and a investiture of a sufficient infrastructure.
Hyundai Motor Group, holding a lead in FCEV deployment, is essay to rise FCEVs that surpass a expectations of traditionally-powered vehicles, in terms of safety, reliability, operation and specification. The Group is serve strengthening a tellurian care with an all-new hydrogen-powered SUV, NEXO, with extended operation and fuel efficiency. NEXO comes with engine appetite of 120kW*, 20% improved than a prototype Tucson Fuel Cell (also famous as ix35 Fuel Cell). NEXO is built on a new dedicated fuel dungeon platform, that gives it larger appetite and improved pushing dynamics than progressing era FCEVs.
* Based on certifications in US / Europe