Abu Dhabi sovereign investor Mubadala Investment Company has signed a deal with Hyundai Motor Company to pursue business opportunities in future mobility and clean technologies.
The memorandum of understanding (MoU), signed in Abu Dhabi, will see both companies jointly invest and share expertise in various fields, including green steel production, green aluminium production, recycling, advanced air mobility and infrastructure for electric vehicles, according to a statement on Friday.
The agreement will enable Mubadala to further diversify its portfolio across sectors, including mobility,…