Hyundai Motor, Kia And W. L. Gore & Associates To Collaborate On The Development Of Advanced Polymer Electrolyte Membrane For Hydrogen Fuel Cell Systems
Portfolio Pulse from Benzinga Newsdesk
Hyundai Motor and Kia have partnered with W. L. Gore & Associates to co-develop an advanced polymer electrolyte membrane (PEM) for hydrogen fuel cell systems. The collaboration will focus on test protocols and key aspects of PEM development, aiming to enhance the durability and performance of fuel cell systems for commercial vehicles.
January 05, 2024 | 6:07 am
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Hyundai Motor's collaboration with W. L. Gore & Associates to develop advanced PEM for hydrogen fuel cells could lead to technological advancements and strengthen its position in the commercial vehicle market.
The partnership with W. L. Gore & Associates is likely to have a positive impact on Hyundai Motor's stock in the short term as it demonstrates the company's commitment to innovation in hydrogen fuel cell technology, which is a growing market. The focus on commercial vehicles could open up new revenue streams and improve competitive advantage.
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