Hyundai Motor and H2 Energy set up hydrogen mobility joint venture
On April 15, 2019 Hyundai Motor and H2 Energy announced the entering into a joint venture aimed at taking the lead across Europe's burgeoning hydrogen mobility ecosystem. Hyundai will deliver 1,600 fuel cell electric heavy-duty trucks to the joint venture from 2019 through 2025 which will be leased to member companies of H2 Mobility Switzerland Association, comprising major refuelling station operators, transport and logistics companies, as well as other enterprises.
Lenz & Staehelin advises Hyundai Motor on Swiss law matters. The team includes partners Tino Gaberthüel (lead, Corporate and M&A) and Astrid Waser (Competition, Energy) as well as associates Alessandra Läser and Alex Wille (both Corporate and M&A) and Patrick Sattler (Competition, Energy).