SEOUL, South Korea and PRAGUE, Sept. 20, 2024 /PRNewswire/ -- Hyundai Motor Company and Å koda Group have signed a Memorandum of Understanding (MOU) to commence collaboration on establishing a hydrogen mobility ecosystem.
The signing ceremony, which took place at the Korea-Czech Republic Business Summit in Prague, was attended by Ken Ramírez, Executive Vice President and Head of Global Commercial Vehicle and Hydrogen Business at Hyundai Motor Company, and Petr Novotný, CEO of Å koda Group.
The MOU covers study on adoption of hydrogen fuel cell systems and technologies, study on adoption of energy efficient solutions for mobility projects and products, and exploring hydrogen ecosystem and value chain opportunities beyond mobility.
"Our partnership with Å koda Group aims to accelerate hydrogen adoption, which would contribute to the advancement of hydrogen technology and carbon neutrality across global markets, including the Czech Republic," said Executive Vice President Ramírez. "Together with Å koda Group, we strive to lead the rapidly growing hydrogen businesses by creating positive synergies between our fuel cell technology and Å koda Group's mobility products and projects."
"We believe that hydrogen, alongside energy-efficient solutions, will play an essential role in transforming mobility for a more sustainable future. Our collaboration with Hyundai Motor Company aims at enabling us to look beyond national borders and explore wider markets where these technologies can have a larger impact. By working together, we can bring innovative, eco-friendly solutions to the global mobility ecosystem, advancing cleaner energy in the areas where it's needed most," said Petr Novotný, CEO of Å koda Group.
Both parties share the view that hydrogen will be a key pillar for a sustainable society, starting with mobility. As part of the MOU, the parties will explore the possibility that Hyundai would share its fuel cell system and technology, contributing to the acceleration of eco-friendly mobility across global markets where Å koda Group operates, including the Czech Republic.
Hyundai Motor Company and Å koda Group will also conduct feasibility studies for fuel cell system applications for diverse utilization beyond mobility. Leveraging its global expertise and insights in operating various hydrogen applications in both mobility and energy sectors, Hyundai is poised to play a pivotal role in aiding the energy transition.
Hyundai Motor Group is committed to building a hydrogen society under its hydrogen value chain business brand HTWO, which encompasses the Group's businesses and affiliates, enabling each stage of the entire hydrogen value chain.
Hyundai Motor Manufacturing Czech (HMMC) in Nošovice, established in 2008, has an annual manufacturing capacity of 350,000 vehicles. Considered one of the most modern car manufacturers in Europe, the manufacturing plant was also the largest foreign investment in the Czech Republic.
– End –
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Hyundai Motor and Škoda Group to Collaborate on Hydrogen Advancement and Energy Efficient Solutions for Mobility
SINGAPORE, March 13, 2025 /PRNewswire/ -- Digital travel platform Agoda's 2025 Sustainable Travel Survey reveals its ranking of Asia's most sustainability-conscious travelers.
Travelers from the Philippines earn the top spot, with 86% responding that sustainability is important in their travel choices for 2025. Travelers from India (82%), Taiwan (80%), Malaysia (80%) and Vietnam (77%) round out the top five.
This survey, which engaged over 6,000 respondents across 11 Asian markets, spotlights the evolving landscape of sustainable travel in Asia, where authentic and purposeful tourism, and off-peak travel are becoming more prominent.
The survey found that the majority of Asian travelers (68%) consider sustainability when making their travel plans for 2025. Less than one in ten (8%) travelers overlook sustainability in their travel decisions, although less optimistically, in Hong Kong and Japan for example, where 21% and 17% of travelers, respectively reported that sustainability was not particularly important in their travel choices.
Authentic Experiences Drive More Sustainable Choices
Asian travelers are increasingly motivated by the allure of authentic experiences and the opportunity to contribute positively to local communities. Nearly one in four respondents prioritize authentic tourism, while 22% are keen on supporting local economies when they travel. Indian travelers, in particular, are guided by personal values and beliefs, with 24% citing these as their primary motivation for more sustainable travel. This trend underscores a broader movement towards travel that is not only enjoyable but also meaningful and impactful.
Exploring Off-peak Takes Center Stage
Many travelers in Asia seek to mitigate their impact on the environment by traveling during off-peak seasons to alleviate overcrowding, a choice made by nearly a quarter of respondents. Additionally, 20% of travelers are opting for accommodations with sustainability certifications while 18% are packing reusable items to reduce waste. Japanese travelers stand out for being the most committed out of all Asian travelers to reducing waste, with 25% packing reusable items like water bottles and shopping bags on a trip.
Andrew Smith, Senior Vice President, Supply at Agoda, said, "Asian travelers are increasingly seeking ways to make a positive impact on the destinations they visit. Agoda's Eco Deals Program is one way we're empowering them to do just that. By offering great value deals on partnering properties and donating one US dollar to local conservation projects for every program booking, we are not only helping travelers save but also enabling them to contribute to the preservation of the places they love."
Since the recent launch of the 2025 edition, Agoda's Eco Deals program has provided travelers with discounts of up to 15% on partner hotels across 10 Asian markets. This marks the first year of Japan and South Korea joining the Eco Deals Campaign, providing more Asia-bound travelers the opportunity to support their favorite destinations. For every Eco Deals booking, a dollar is donated to WWF conservation projects aimed at protecting wildlife and conserving critical habitats across Asia. More information can be found on www.agoda.com/ecodeals.
Agoda's offerings include over 5 million holiday properties, more than 130,000 flight routes, and over 300,000 activities, all of which can be combined in the same booking. Download Agoda's mobile app or visit Agoda.com to discover the best deals for your next trip.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
More Sustainable Travel Top of Mind for Most Asian Travelers - Agoda Survey Reveals
More Sustainable Travel Top of Mind for Most Asian Travelers - Agoda Survey Reveals
