Mexican Media Brands
Report: Hyundai to Partner with Aramco on Hydrogen
Hyundai Motor Co. and Aramco, the world’s largest oil company, will launch a broad partnership next week to develop hydrogen-based businesses, sources tell The Korea Herald.
#hybrid
Share
Hyundai Motor Co. and the Saudi Arabia Arabian Oil Co. (Aramco) will launch a broad partnership next week to develop hydrogen-based businesses, sources tell The Korea Herald.
The partners expect to sign a memorandum of understanding about their alliance next week when Saudi Crown Prince Mohammed Bin Salman meets Hyundai Vice Chairman Chung Eui-sun in Seoul on June 26-27. The agreement may cover infrastructure, services and products.
The newspaper’s sources say the partnership is likely to include Hyundai’s fuel cell technology. Previous reports note that Saudi Aramco, the world’s largest oil company, is targeting hydrogen as a future business.
Aramco opened its first hydrogen fueling station in Saudi Arabia earlier this week.
RELATED CONTENT
-
On Electric Pickups, Flying Taxis, and Auto Industry Transformation
Ford goes for vertical integration, DENSO and Honeywell take to the skies, how suppliers feel about their customers, how vehicle customers feel about shopping, and insights from a software exec
-
On Audi's Paint Colors, the Lexus ES 250, and a Lambo Tractor
From pitching a startup idea to BMW to how ZF is developing and using ADAS tech to a review of the Lexus ES 250 AWD to special info about additive at Toyota R&D. And lots in between.
-
Toyota Employees to Aid Michigan V2X Research
Toyota Motor Corp. is encouraging employees at its research and development center near Ann Arbor, Mich., to participate in an on-going program there to test connected vehicle technologies.
