Hyundai Motor Partners with Oman to Drive Green Mobility Transition under Oman Vision 2040

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• Hyundai Motor Group Signs Historic Partnership Agreements with Oman's Ministry of Transport, Communications and Information Technology
• The Group Teams Up with Mwasalat to Launch Oman's First Hydrogen City Bus in Muscat
• Oman Oil Marketing Company and EV Charging Brand EVO Join Forces with the Group to Build 240kW Ultra-Fast EV Charger Near Muscat
• Hyundai Kefico Formalizes EV Charging Test Cooperation with EVO Through New MOU

• #Hyundai Motor Group
• #Oman Vision 2040

SEOUL/MUSCAT, September 4, 2026 - Hyundai Motor Group (the Group) today signed a Memorandum of Understanding (MOU) with Oman's Ministry of Transport, Communications and Information Technology (MTCIT) at the Gulf Green Mobility Forum, launching cooperation in smart city development and eco-friendly mobility. Through this agreement, the Group positions itself as a key partner in Oman's national smart city strategy under Vision 2040. The partnership runs for an initial one-year term, subject to automatic renewal.

The same visit also saw separate agreements signed with Oman's public transport and energy sectors, including a pilot program for Oman's first hydrogen city bus and the deployment of an ultra-fast EV charger in Muscat.

We are delighted to establish strategic partnerships with MTCIT today. HMG is committed to helping turn Oman's Vision 2040 ambitions into tangible outcomes through collaboration in smart cities and future mobility.

The Omani government is advancing state-led smart city development under Vision 2040, with flagship projects including Sultan Haitham City. The MOU with the Group establishes a framework for cooperation spanning smart city development and eco-friendly mobility, including electric and hydrogen fuel cell vehicles. Through this partnership, the Group positions itself as a partner in Oman's sustainable urban transition and carbon neutrality efforts.

Oman's national transport operator Mwasalat has signed a Pilot Agreement (PA) with the Group to deploy Oman's first hydrogen city bus, the ELEC CITY Fuel Cell, on public transit routes in Muscat. Rather than a short-term technology demonstration, the initiative is designed as an actual passenger transportation service. The 24-seat hydrogen fuel cell bus will run as part of a pilot service from the third quarter of 2026 through the third quarter of 2027.

OOMCO, the energy distribution subsidiary of Oman's national energy group OQ, and EV charging brand EVO have each signed MOUs with Hyundai Motor Group and Hyundai Kefico, respectively, to build and operate a 240kW DC ultra-fast charger at a service station in Halban, near Muscat.

This cooperation between Hyundai Motor Group and its Omani partners is not intended as a one-off pilot project. Throughout the hydrogen bus pilot, Mwasalat will evaluate the vehicle's reliability under real-world driving conditions, its operational efficiency across daily transit routes, and its environmental performance compared to conventional diesel buses. For the EV charging infrastructure, the partners will assess charging performance, user demand, and commercial feasibility to lay the groundwork for future expansion.

Based on these results, measured against pre-agreed key performance indicators (KPIs), the participating organizations will explore expanding services and formalizing procurement across Oman.

Jiwon Hanjiwonhan@kia.comGlobal PR Team 1 · Hyundai Motor Company

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About Hyundai Motor Group

Hyundai Motor Group is a global enterprise that has created a value chain based on mobility, steel, and construction, as well as logistics, finance, IT, and service. With about 250,000 employees worldwide, the Group's mobility brands include Hyundai, Kia, and Genesis. Armed with creative thinking, cooperative communication and the will to take on any challenges, we strive to create a better future for all.

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