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Hyundai teams with Audi on fuel cells

Automakers will share patent licensing and parts to streamline costs

Hyundai's Nexo fuel cell vehicle debuted in March. The South Korean automaker is moving to catch up in the green vehicle race.

SEOUL/FRANKFURT -- Hyundai Motor and Audi will share technologies and components for fuel cell vehicles, the South Korean automaker announced Wednesday.

The plan includes cross-licensing of patents and standardizing core components with the Volkswagen group unit. The two companies are expected to employ common fuel cell stacks, hydrogen feeders and motors in their vehicles.

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