Hydrogen and fuel cell business opportunities were a key talking point for GOLDI Mobility Kft (GOLDI) and Hy-Hybrid Energy CEOs at the recent Singapore – Hungary Business Seminar.
Held at the Singapore Business Federation, the seminar provided attendees with an update on the Hungarian economy and business conditions and allowed Singapore businesses to look into emerging opportunities related to hydrogen and fuel cells.
During the event, executives signed a tripartite MoU with a potential business partner and exchanged dialogues with another business partner on heavy duty fuel cell applications, details of which will be disclosed at a later date.
“When it comes to the automotive industry, the geographical location and manufacturing competence of Hungary in Europe cannot be ignored,” said Dr. Naveed Akhtar, CEO of Hy-Hybrid.
Earlier this year, GOLDI and Hy-Hybrid joined forces to initiate the first of its kind in Hungary- 18m fuel cell bus project under the name GOLDiON®. Project GOLDiON highlights the companies’ belief that Hungary can play a significant role in reducing the cost of fuel cell buses whilst maintain high-quality standards in the sector.
The seminar was organised by the Hungarian Chamber of Commerce and Industry, the Singapore Business Federation, the Embassy of Hungary in Singapore and the Hungarian Chamber of Commerce and Industry.