Both sides sign MOU to lead the way in the market using advanced technology
Hyundai Motor Group and Rolls-Royce announced on July 20 to collaborate on bringing all-electric propulsion and hydrogen fuel cell technology to the Advanced Air Mobility (AAM) market.
The partnership will leverage Rolls-Royce’s aviation and certification capabilities and Hyundai Motor Group’s hydrogen fuel cell technologies and industrialization capability.
Both companies share a vision of leading the way in the AAM market delivering battery-electric and fuel cell electric solutions to the Urban Air Mobility (UAM) and Regional Air Mobility (RAM) markets and advancing sustainable aviation.
The signing ceremony on MOU took place at Supernal’s booth at Farnborough Airshow and was attended by Warren East, CEO of Rolls-Royce, Grazia Vittadini, Chief Technology and Strategy Officer and Rob Watson, President of Rolls-Royce Electrical as well as Euisun Chung, Executive Chair of Hyundai Motor Group, Jaiwon Shin, President and Head of AAM Division of Hyundai Motor Group, and Jaeyong Song, Vice President of AAM Division of Hyundai Motor Group.
Jaiwon Shin, President of Hyundai Motor Group, said: “We are pleased to partner with Rolls-Royce to draw upon their aviation and certification expertise to accelerate the development of hydrogen fuel-cell propulsion systems. Hyundai has successfully delivered hydrogen fuel cell systems to the global automotive market and is now exploring the feasibility of electric and hydrogen propulsion technologies for aerospace integration. We believe this to be the key technology to support the global aviation industry’s goal to fly net zero carbon by 2050.”
Rob Watson, President, Rolls-Royce Electrical, said: “We are delighted to partner with Hyundai Motor Group which provides a valuable opportunity to leverage and build on the capabilities each company brings from the aerospace and automotive sectors. The Advanced Air Mobility Market offers great commercial potential, and this collaboration supports our joint ambitions to lead the way in the Advanced Air Mobility Market. It is also another demonstration of Rolls-Royce’s role in delivering the solutions that will enable passengers to travel sustainably and help deliver net zero carbon by 2050.”