Collaborations between industry stalwarts have become increasingly common in the field of automobiles, with increasing electrification of cars and more technologies being steadily added. The latest of the sorts is between Hyundai Motor Group and Audi AG, who have signed a multi-year patent cross-licensing agreement pertaining to components and technologies used in fuel cell electric vehicles (FCEVs). The agreement covers existing patents held by the companies individually, as well as patents that are pending approval or will be filed in future. The patent covers multiple companies in the agreement, including Hyundai, Kia Motors, Audi and other entities that belong to Audi's parent group, Volkswagen AG.
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