.
MergerLinks Header Logo

New Deal


Announced

Completed

Hyundai Motor Company and H2 Energy formed a joint venture.

Synopsis

Automobile company Hyundai Motor Company and H2 Energy, a hydrogen solutions company, formed a joint venture focused on hydrogen-powered trucks. Financial terms were not disclosed. With the establishment of Hyundai Hydrogen Mobility, Hyundai expects to gain a foothold in Switzerland, where the demand for fuel cell trucks is expected to grow from a stiff nationwide road tax on diesel trucks, which incentivizes fleet operators of diesel trucks to switch to zero emission vehicles.

Show Details & Financials

Market Context

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US