Hyundai Motor Company signs MOU with Poh Tiong Choon ...

Hyundai Motor Company has signed a Memorandum of Understanding (MOU) with Poh Tiong Choon Logistics Limited (PTC) to develop a hydrogen ecosystem in Singapore. The partnership aims to establish and promote hydrogen-based mobility in Singapore as the country works towards achieving net-zero emissions by 2050. The collaboration will focus on exploring and developing projects related to commercial vehicles and business models. Hyundai Motor Group's Innovation Center Singapore will support this initiative as a smart urban mobility hub. Hyundai previously announced a similar MOU for hydrogen-based mobility in Saudi Arabia.

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