Hyundai Motor Company and Cummins have entered into a memorandum of understanding to jointly develop and commercialize electric and fuel cell technology. The new powertrains are expected to combine Hyundai’s fuel cell systems with Cummins’ electric powertrain, battery and control technologies.
“We’ve made significant investments over the past year to accelerate our fuel cell capabilities including our acquisition of Hydrogenics and this partnership is another step forward,” said Thad Ewald, vice president for corporate strategy, Cummins.
The companies will also explore ways to develop next generation fuel cell systems, with both companies committing to-assign a team of individuals to investigate and pursue other areas of collaboration.
“With Hyundai’s global leadership in fuel cell systems coupled with Cummins’ unparalleled electrified powertrain technologies, we expect this partnership to leave a mark in the commercial vehicle market,” said Saehoon Kim, vice president and head of fuel cell group at Hyundai Motor Group.
The companies will also evaluate the development of fuel cell power generators.