Hyundai Motor has become a shareholder in the hydrogen infrastructure company H2 MOBILITY.
This makes Hyundai the first shareholder outside of the circle of founding members: TotalEnergies, Shell, OMV, Linde, Air Liquide and Daimler.
Since H2 MOBILITY was founded in 2015, Hyundai has been serving as an affiliated partner in the development of hydrogen infrastructure in Germany. This move reinforces the company’s commitment to hydrogen fuel–cell technology by supporting the expansion of the infrastructure necessary to power its fuel-cell electric vehicles.
Hyundai emphasized the significant role that both hydrogen and the German market play for the company. Germany has one of the most developed hydrogen infrastructures in Europe, and H2 MOBILITY will push to make hydrogen mobility a top priority.
“We are very pleased about our new shareholder,” said Nikolas Iwan, managing director of H2 MOBILITY. “By joining, Hyundai is underlining the increasing
