Hyundai Motor to expand fuel cell system lineup

Through its hydrogen value chain business brand, HTWO, Hyundai Motor plans to expand its fuel cell system lineup to cater to different needs, covering wider applications such as trams/trains, advanced air mobility, heavy equipment, sea vessels and more. Some of the contributing growth factors include rising demand for clean hydrogen in hard-to-abate sectors including oil, cement and steel, as well as increasing utilization in long-range transportation, such as ships and airplanes. Hyundai Motor is dedicated to leading the global energy transition through its HTWO business, focusing on sustainable energy technology and solutions. The company aims to achieve net zero by 2045, becoming carbon neutral across all stages of production and operation. This includes implementing renewable energy at work sites and expanding its hydrogen energy business. Hyundai Motor views hydrogen as a pivotal element in its energy strategy, aiming to make it a readily available energy source for all aspects of life and industry, not just transportation. Hydrogen is an excellent clean energy carrier thanks to its high energy density, ease of storage and transportation. The company’s innovative hydrogen production methods, such as Waste-to-Hydrogen and Plastic-to-Hydrogen, are being utilized globally. These methods produce clean hydrogen while also providing effective waste disposal solutions. The HTWO Grid epitomizes Hyundai Motor’s integration of mobility and energy, offering a flexible, end-to-end hydrogen solution. Real-world applications of this technology are already underway, such as the NorCAL Zero Project and the Port Decarbonization Initiative, with plans to expand hydrogen applications to entire port operations. In the clean logistics business, Hyundai Motor is implementing solutions in North America and Korea, starting with HMGMA in Georgia.