Event in South Korea Between Hyundai and Toyoda Chairmans Signals Hydrogen Alliance
In some ways hydrogen makes more sense than electric if you have something like hydro or nuclear power to make the needed hydrogen:
Hyundai Motor Group Executive Chair Chung Euisun, left, shakes hands with Toyota Motor Chairman Akio Toyoda during the Hyundai N x Toyota Gazoo Racing Festival at the Everland Speedway in Yongin, Gyeonggi Province, Sunday. Courtesy of Hyundai Motor Group
Hyundai Motor Group Executive Chair Chung Euisun and Toyota Motor Chairman Akio Toyoda met in public for the first time, Sunday, implying that the rival carmakers may work together to strengthen their global alliance for hydrogen mobility.
Their meeting took place during the Hyundai N x Toyota Gazoo Racing Festival, co-hosted by the two carmakers at the Everland Speedway in Yongin, Gyeonggi Province.
Beginning with Toyoda’s performance driving of a car carrying Chung, the festival kicked off to showcase high-performance cars of both companies and to attract more people to enjoy motorsports. Toyoda is a master driver who races for his company’s Gazoo Racing Team under the name “Morizo.”
Hyundai Motor also invited Samsung Electronics Executive Chairman Lee Jae-yong and Hankook & Company Chairman Cho Hyun-bum to the event.
You can read more at the link.
