Hyundai partners Audi for fuel cell technology

Hyundai Motor Group and Audi AG have announced that they have entered into a multi-year patent cross-licensing agreement, covering a broad range of Fuel Cell Electric Vehicle (FCEV) components and technologies. Under the new partnership, the two companies will make joint efforts in developing FCEVs, to lead the automotive industry to a more sustainable future.

The cross-license agreement has been signed between Hyundai Motor Company and Audi but also covers and benefits both companies' affiliates, including but not limited to Kia Motors Corporation and Audi's parent company Volkswagen AG. Hyundai and Audi, as well as their affiliates will equally share the patent licenses over the years to come. The duration of the agreement has not been disclosed.

The partnership between Hyundai Motor Group and Audi will leverage collective research and development capabilities in fuel cell technology to elevate their presence in the FCEV market. Therefore, the agreement also includes mutual access to fuel cell components. 

Hyundai Motor Group and Audi have also agreed to explore opportunities for a next step in their collaboration. This next step will aim to lead industry standards in fuel cell technology as well as accelerate FCEV development and spur innovation in this technology, providing more advanced mobility options to customers.