Dammam 5 July 2021: In view of its keen belief in the importance of investing in the future and protecting the environment, and in line with the Kingdom’s 2030 vision, Almajdouie Group, represented by its logistics and automotive sectors, participated in Aramco’s Global Hydrogen Technology Conference, which witnessed the presence of a number of leading companies in the field of renewable energy at the King Abdulaziz Center for World Culture (Ithra).
The Group’s delegation was headed by Mr. Mohammad bin Ali Almajdouie, CEO of Almajdouie Logistics and board member of Almajdouie Group, where he delivered a speech in which he reviewed the exceptional efforts undertaken by the Kingdom of Saudi Arabia in accordance with the ambitious vision 2030 to preserve the environment, create new job opportunities and meet the growing demand in the vehicle and logistics sectors in line with the Kingdom's vision 2030, targeting the diversity of renewable energy and the sustainability of solutions and logistics services.
On the other hand, the conference witnessed the presentation of a working paper by Almajdouie Motors Company, which addressed the most prominent achievements of Hyundai in the field of renewable energy. The presentation also featured a number of Almajdouie Hyundai vehicles in the field of public and heavy commercial transport: XCIENT FCEV, NEXO passenger vehicles, as well as the hydrogen-powered FCEV passenger bus.
Noting that Hyundai Motor Group realizes the importance of hydrogen-powered vehicles as a long-term and more sustainable option, as Hyundai Motor Company revealed its future plans to increase the production capacity of fuel systems; aiming at reaching 700,000 units annually of fuel cell systems for cars, as well as to develop