MoU between Hyundai • Kia Motors and stakeholders from Nordic Countries on fuel cell electric vehicle deployment
PRESS RELEASE | 03.02.2011
Recently Hyundai • Kia Motors and key hydrogen stakeholders from the Nordic countries, Sweden, Denmark, Norway & Iceland signed a Memorandum of Under-standing (MoU) with the aim of collaboration towards market deployment of zero emission hydrogen powered fuel cell electric vehicles (FCEV). With the MoU Hyundai • Kia hopes to establish its position as one of the leading manufacturers in the global markets for FCEV’s. For the Nordic countries the MoU significantly strengthens their position as one among the first regions worldwide where FCEV’s are market introduced. The Embassy of Sweden and the Korean Ministry of Knowledge & Economy signed the MoU as co-witnesses at a joint signing ceremony in Seoul, Korea on the 31st January 2011.
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