Recently, Hyundai Hydrogen Mobility (HHM) and its business partners won the Swiss "2021 Watt d’Or 2021". The award was established by the Swiss Federal Energy Agency in 2007 to recognize domestic companies, individuals and organizations that have performed outstandingly in the field of future energy. This award further demonstrates Hyundai's global leadership in the field of hydrogen energy technology and the feasibility of hydrogen energy commercialization.

    Hyundai Hydrogen Mobility (HHM) is a joint venture established by Hyundai Motor and Swiss professional hydrogen energy solution company H2 Energy in September 2019. It mainly engages in the leasing business of zero-emission commercial vehicles to help reduce carbon emissions. Since July 2020, Hyundai Motor has successively delivered 50 XCIENT Fuel Cell, the world's first mass-produced hydrogen fuel cell heavy truck, to the Swiss market. By 2025, Hyundai Motor will deliver 1,600 XCIENT hydrogen fuel cell heavy trucks in phases as planned. These vehicles are specially installed by Hyundai Hydrogen Mobility (HHM) into refrigerated trucks and other models, and are fully promoted to be used in heavy truck demand fields such as the integrated distribution supply chain that integrates supermarkets and gas stations, and food distribution companies.

Hyundai Motor's world's first mass-produced hydrogen fuel cell heavy truck XCIENT Fuel Cell

    According to statistics, a heavy-duty hydrogen fuel cell truck travels about 80,000 kilometers per year. Through the application of a zero-emission hydrogen fuel cell system, it can reduce 64 to 65 tons of carbon dioxide emissions each year. In addition, by fully utilizing renewable energy sources such as water, solar and wind energy to generate hydrogen to form a complete zero-emission hydrogen energy application, it can make a huge contribution to the global realization of carbon neutrality. Starting from exporting to Switzerland, Hyundai Motor will expand to Germany, the Netherlands, Austria and Norway in the future, and gradually cover the whole of Europe. At the same time, it will further enter the North American commercial vehicle market to help reduce carbon emissions.

Hyundai Motor Hydrogen Mobility Solution

    Hyundai Hydrogen Mobility (HHM), H2 Energy, Hydrospider, and H2 Mobility Switzerland Association have formed the "Hydrogen Champions League". The alliance is not only committed to applying hydrogen energy to freight and logistics, but also to create a "hydrogen fuel cell heavy truck ecosystem" covering hydrogen fuel trucks, hydrogen refueling stations, hydrogen energy production and transportation and other links.

    It is worth mentioning that in order to reduce the burden of buying hydrogen truck customers in the early stage of business expansion, Hyundai Motor has adopted a non-traditional vehicle sales model for the Swiss market-a brand new Pay-Per-Use model based on actual operation. Hydrogen energy mobile travel service form. The expenses incurred in this model cover various expenses related to vehicle operation, such as hydrogen refueling fees, maintenance fees, insurance fees, and regular maintenance fees. This effectively reduces the initial cost of the customer, while also greatly improving the convenience of vehicle use.

Hyundai builds a "hydrogen fuel cell heavy truck ecosystem" in Switzerland

    For Hyundai Motor, the "2021 Golden Watt Award" is not only a full affirmation of the advancement of its hydrogen fuel cell technology, but also a strong proof of its commercial feasibility. At the same time, the division of labor and collaboration between Hyundai Hydrogen Mobility (HHM) and partners in different fields also shows that the hydrogen economy can not only become a reality, but also faster and more effective than imagined.

    Not only in Europe, Hyundai Motor is accelerating the global deployment of the hydrogen energy industry. On the 15th of this month, Hyundai Motor Group announced the signing of an investment agreement with the Guangzhou Development Zone Government of Guangzhou City to establish Hyundai Motor Hydrogen Fuel Cell System (Guangzhou) Co., Ltd. in Guangzhou Development Zone, Guangzhou. This is the first overseas hydrogen fuel cell production base established by Hyundai Motor Group in the world. At the same time, Hyundai Motor Group became the first global automobile manufacturer to establish a hydrogen fuel cell system production base in China. The new plant is planned to be put into mass production in the second half of 2022, with an initial planned annual production capacity of 6,500 sets, and continuing to expand supply capacity in light of China's policies and market conditions. Hyundai Motor will take this as a starting point and leverage its strong technological advantages and industry leadership in the global hydrogen fuel field to help China's hydrogen fuel cell market develop rapidly.

Hyundai Motor Group signed an investment agreement with the Guangzhou Development Zone Government of Guangzhou City

    At the just-concluded 2021 China Electric Vehicles Forum, Li Guangguo, President of Hyundai Motor Group (China), said: “At present, many countries and companies around the world are committed to carbon neutrality. Hyundai Motor Group will do its best to achieve this. We will actively promote it. Future technology development and business model innovation. At the same time, Hyundai Motor Group is actively promoting electric vehicles, hydrogen fuel vehicles, autonomous driving, and air mobility (UAM) businesses, hoping to reduce carbon emissions through these businesses and achieve carbon neutrality as soon as possible."

    In the new “2025 Strategy” of Hyundai Motor released in December 2020, H2 Solution has officially become one of the three new business pillars. In the future, Hyundai Motor will continue to optimize hydrogen fuel cell system technology, expand related business scope, and consolidate its leading position in the field of hydrogen energy ecosystem. At the same time, in order to further promote the development of the hydrogen fuel cell business and the construction of the hydrogen energy ecosystem, Hyundai Motor also released the exclusive brand HTWO for hydrogen fuel cell systems, which embodies the rich experience of Hyundai Motor in the field of hydrogen fuel cell technology for more than 20 years. . With the support of the HTWO brand kinetic energy, Hyundai Motor is accelerating the development of a new generation of hydrogen fuel cell systems, and plans to expand it to urban air travel, automobiles, ships, trains and other transportation vehicles. In 2030, Hyundai Motor plans to produce 700,000 sets of hydrogen fuel cell systems every year.

HTWO, a special brand for Hyundai's hydrogen fuel cell system

    As the earliest car company to develop hydrogen fuel cell technology, Hyundai Motor launched the world's first mass-produced hydrogen fuel cell vehicle in 2013. Hyundai Motor Group has continuously expanded its hydrogen fuel cell model lineup, and successively launched hydrogen fuel cell SUV NEXO and hydrogen fuel cell. Heavy truck XCIENT and hydrogen fuel cell bus and other products. In the future, Hyundai Motor Group will continue to optimize hydrogen fuel cell technology and join forces with outstanding global partners to help build a hydrogen energy ecosystem and accelerate the advent of a green and environmentally friendly society.