Hyundai said industry-wide, approximately 10,000-15,000 fuel cell vehicles are produced, compared to 4-5 million electric vehicles globally.
Hyundai Motor Group on Tuesday said it plans to introduce hydrogen fuel cell versions for all of its commercial vehicles by 2028 and will cut the price of fuel cell vehicles to battery electric levels after two years. The group, which includes Hyundai Motor Company and Kia Corp, currently has one fuel cell bus and one fuel cell truck, the Xient Hyundai, on the market. 115 buses are on the road in South Korea and 45 trucks are in operation since being rolled out in Switzerland last year.
The two South Korean automakers together offer 20 models of commercial vehicles, including trucks, buses and vans, and sold about 287,000 last year.
For now the Xcient is the company’s only fuel cell truck
The group, whose only other fuel cell vehicle in the market is Hyundai’s Nexo SUV, also said that it will develop fuel cell vehicles for Kia and its premium Genesis brand, which could be launched after 2025. It did not mention specific targets for the fuel cell versions. of passenger vehicle model.
The plans are measured in ambitions to move forward with hydrogen technology despite its relative niche status, while automakers also expand their battery electric vehicle line-up.
The group, which includes Hyundai Motor Company and Kia Corp, currently has one fuel cell bus and one fuel cell truck, the Xient Hyundai, on the market.
Advocates claim that hydrogen fuel cells are cleaner than other carbon-cutting methods because they emit only water and heat, but the high cost, massive size of fuel cell systems, decrease the auto industry amid concerns about shortages. Limited use of technology has been observed in About refueling stations, resale prices and the risk of hydrogen explosions.
Hyundai said industry-wide, approximately 10,000-15,000 fuel cell vehicles are produced, compared to 4-5 million electric vehicles globally.
Other major automakers pursuing hydrogen fuel cell technology include Toyota Motor Corp., BMW and Daimler. They have been encouraged as Europe and China set ambitious emissions reduction targets and talk of increased support for hydrogen infrastructure.
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Hyundai Motor Group also said that it also plans to employ hydrogen fuel cell technology in other areas, such as autonomous container transportation.
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