Hyundai Motor Company and Skoda Group have signed a Memorandum of Understanding (MoU) to commence collaboration on establishing a hydrogen mobility ecosystem.

The signing ceremony took place at the Korea-Czech Republic Business Summit in Prague, was attended by Ken Ramirez, Executive Vice-President and Head of Global Commercial Vehicle and Hydrogen Business at Hyundai Motor Company, and Petr Novotny, CEO of Skoda Group.

The partnership 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.

Ken Ramirez said, “Our partnership with Skoda 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. Together with Skoda Group, we strive to lead the rapidly growing hydrogen businesses by creating positive synergies between our fuel cell technology and Skoda Group’s mobility products and projects.”

Petr Novotny added, “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.” 

Both parties share the view that hydrogen will be a key pillar for a sustainable society, starting with mobility. As part of the understanding, the partners 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 Skoda Group operates, including the Czech Republic.

Hyundai Motor Company and Skoda Group will also conduct feasibility studies for fuel cell system applications for diverse utilisation 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.

In addition, 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.

Established in 2008, Hyundai Motor Manufacturing Czech (HMMC) in Nosovice has an annual manufacturing capacity of 3,50,000 vehicles. Considered one of the most modern car manufacturers in Europe, the manufacturing plant was also the largest foreign investment in the Czech Republic.

Comments (0)

ADD COMMENT

Link Copied!

Kia India recorded wholesale dispatches of 28,200 units in July 2026, marking a 27.4 percent increase compared to 22,135 units sold last year.

Interestingly, last month the automaker clocked its highest July wholesale volume since commencing operations in India.

The company attributed the sales performance to the Seltos and Sonet SUVs. The Seltos has maintained monthly dispatch averages above 10,000 units since January, with year-to-date growth standing at 75.7 percent. On the other hand, Sonet saw its sales rise 34.5 percent for YTD CY2026.

Atul Sood, Senior Vice-President – Sales & Marketing, Kia India, said, “Our best-ever July wholesale performance reflects the continued trust of our customers and the strong acceptance of Kia's diverse product portfolio. Building on our record H1 performance, we have maintained healthy momentum across key segments. Led by the strong performance of the Seltos and Sonet, we have seen healthy demand across Carens Clavis and MY26 Syros. Meanwhile, the Carens Clavis EV continues to strengthen our presence in the electric mobility space. We are delighted by the customer response to the newly launched Syros EV. Its segment-leading range, advanced technology, industry-leading ownership benefits and expanding EV ecosystem reflect our commitment to delivering practical and future-ready mobility solutions for Indian customers. We remain focused on strengthening our product portfolio and enhancing the ownership experience as we continue our growth journey.”

In the electric vehicle segment, Kia India recently introduced the Syros EV, featuring an ARAI-certified range of 526 km, 171 PS power output, Level 2 autonomous driver assistance systems with 16 functions and a 39-minute fast-charging capability from 10 to 80 percent. The model joins the Carens Clavis EV in Kia's electric lineup.

At present, the company operates a retail and service network comprising 905 touchpoints across 412 cities in India, supported by 135 Certified Pre-Owned vehicle outlets.

Comments (0)

ADD COMMENT

Link Copied!

Honda Cars India (HCIL), a leading passenger vehicle manufacturer, has announced its wholesale sales of 8,284 units for July 2026, up 10 percent YoY, as compared to 7,524 units sold last year.

In the domestic market, the company sold 6,014 units, up 48 percent YoY, as compared to 4,050 units last year. Exports came at 2,270 units, a decline of 35 percent YoY, as compared to 3,473 units.

Kunal Behl, Vice-President, Marketing & Sales, Honda Cars India, said, “Our sales performance with over 48 percent growth in domestic sales in July’ 26 reflects the positive momentum we are building across our portfolio. The encouraging response to the recently introduced new City and the launch of the Honda ZR-V has further strengthened customer interest in the brand, while Honda Elevate and Honda Amaze continue to deliver robust sales backed by their strong value proposition and customer trust. With the onset of the festive season, we are confident that our strengthened portfolio and customer-focused initiatives will help us sustain this momentum in the months ahead.”

Comments (0)

ADD COMMENT

Link Copied!

Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has reported its wholesales for July 2026, selling 241,421 units, marking a 34 percent YoY growth, as compared to 180,526 units sold last year.

In the domestic market, the company sold 196,203 passenger vehicles, up 42 percent YoY, as compared to 137,776 units last year. Commercial vehicle sales came at 3,920 units, as compared to 2,794 units.

Sales to other OEMs (Toyota Kirloskar Motor) came at 11,242 units, up 37 percent YoY, as compared to 8,211 units.

Comments (0)

ADD COMMENT

Link Copied!

Toyota Kirloskar Motor (TKM), one of the leading passenger vehicle manufacturers, has announced its wholesale sales for July 2026.

The company sold 29,159 units in the domestic market, marking a 5 percent YoY growth, as compared to 29,159 units sold last year.

Sabari Manohar, Executive Vice-President, Sales-Service-Used Car Business, Toyota Kirloskar Motor, said, “We registered a steady performance in July, reflecting sustained customer confidence in the Toyota brand. The result underscores our continued focus on delivering reliable, innovative and customer-centric mobility solutions. A key highlight during the month was the launch of the all-new Toyota Hilux, which further strengthens our SUV portfolio in India and reflects our commitment to offering aspirational, future-ready mobility solutions that cater to evolving customer needs. We remain focused on creating greater value for our customers and stakeholders.”

Comments (0)

ADD COMMENT

Link Copied!