Hyundai Motor Expanding Global Hydrogen Partnerships for Commercial Sector Dominance
Key Ideas
- Hyundai Motor President Jang Jae-hoon aims to strengthen cooperation with global hydrogen companies, focusing on the commercial sector and emphasizing a business alliance with General Motors.
- The company is prioritizing hydrogen applications in trucks and buses for commercial use, highlighting mobility and energy applications as key areas of cooperation.
- Hyundai Motor Group's hydrogen value chain brand, 'HTWO Grid,' is driving commercial hydrogen applications like hydrogen electric buses, trucks, forklifts, and charging stations for future projects.
- Partnerships with global brands like Stellantis, Renault, and Volvo are being pursued to expand commercial hydrogen vehicle offerings and technologies in the market.
Hyundai Motor President Jang Jae-hoon announced plans to enhance collaboration with global hydrogen companies, with a specific focus on the commercial sector. During his attendance at the 'H2MEET 2024' hydrogen industry exhibition in Goyang, President Jang emphasized the importance of forming strategic alliances, such as the one with General Motors, to drive business growth. The company's commitment to advancing hydrogen technology in the automotive industry is evident through the development of hydrogen-powered buses, trucks, forklifts, and mobile charging stations under the 'HTWO Grid' brand. Furthermore, partnerships with prominent car manufacturers like Stellantis, Renault, and Volvo signal Hyundai's intent to expand its reach in the commercial hydrogen vehicle market. President Jang's positive outlook and emphasis on collaboration highlight a promising future for Hyundai in the global hydrogen economy.
Topics
Public Transit
Automotive Industry
Hydrogen Applications
Hyundai Motor
Global Partnerships
Commercial Sector
Mobility Applications
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