Hyundai Motor Co. and Cummins Inc. have entered into a memorandum of understanding (MOU) to jointly evaluate opportunities to develop and commercialize electric and fuel cell powertrains.
Hyundai’s fuel cell systems will be combined with Cummins’ electric powertrain, battery and control technologies. The initial development will be focused on the North American commercial vehicle market; thus, the partners plan to work with North American OEMs on the integration of these systems into their vehicles.
“This partnership is a terrific opportunity for both companies to leverage our respective strengths and create new opportunities to grow and broaden the product portfolio we bring to our customers,” states Thad Ewald, vice president of corporate strategy at Cummins Inc. “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.”
