HYUNDAI MOTOR GROUP HAS SET OUT ITS VISION FOR HYDROGEN ENERGY AND A GLOBAL HYDROGEN SOCIETY.

At the recent Hydrogen Wave global online forum, Hyundai presented its plans to popularise hydrogen by 2040 through the introduction of new technologies and mobility solutions in transportation and other industrial sectors.

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Further underscoring its pioneering commitment to clean sustainable energy for all types of mobility, Hyundai unveiled unprecedented plans that will see the electrification of all new commercial vehicle models – featuring fuel cell electric or battery electric powertrains, as well as the application of fuel cell systems – to all models by 2028. The daring strategy will put the Group at the vanguard of the commercial vehicle sector, in the process helping to reshape the industry and realise a sustainable clean future.

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Representing Hyundai’s plans for a new ‘wave’ of hydrogen-based products and technologies that advances the journey toward a hydrogen society, the Hydrogen Wave activities kicked off today with an online presentation – led by Chairman of the Group, Euisun Chung, and other senior executives. The team outlined the Group’s future hydrogen strategy for fuel cell systems and fuel cell-based solutions for mobility and other areas.

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The Hyundai’s central target to fully apply its commercial vehicle line-up with fuel cells by 2028 will make it the first global automaker to realise such ambitions for commercial vehicle transportation and will further help facilitate the transition to true sustainable mobility.

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Since the development of its first FCEV in 1998, the Group has been preparing for the future of hydrogen. In 2013, the Tucson FCEV (ix35 Fuel Cell) was introduced, opening the door to the mass production of FCEVs. Then, in 2018, the company launched the next-generation fuel cell SUV, NEXO, and the world’s first heavy-duty fuel cell truck, XCIENT Fuel Cell, in 2020.

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Now, the Group is backing hydrogen to play a significant role in building a sustainable future and reducing society’s dependence on fossil fuels. After two decades at the forefront of fuel cell technology development, the Group will expand its fuel cell technologies for wider applications of its vehicles, including additional mobility solutions and various energy utilisation.

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According to the Hydrogen Council, a global CEO-led initiative of leading energy, transport, industry and investment companies, hydrogen energy will account for 18 percent of global energy demand by 2050, with a market size of USD 2.5 trillion. The popularisation of hydrogen energy will also help cut CO2 emissions by more than six billion tons a year, while creating over 30 million new jobs.

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