Hyundai Subsidiary Secures Order for 22 Hydrogen Forklifts in Korea
Key Ideas
  • HD Hyundai XiteSolution (HDX) receives order for 22 hydrogen fuel cell forklifts with 3.5T payload capacity in Korea.
  • The forklifts will be utilized in a national project to verify reliability and commercial viability until March 2026 at Korea Zinc’s smelter in Onsan.
  • Hydrogen forklifts are seen as eco-friendly as they do not emit carbon dioxide, potentially saving approximately 1.8T of CO2 per day and promoting sustainability.
  • Global hydrogen forklift market is expected to grow significantly, with HDX aiming to lead the transition to hydrogen mobility in industrial sites in Korea.
HD Hyundai XiteSolution (HDX), a Hyundai subsidiary, has secured an order for 22 hydrogen fuel cell forklifts with a 3.5T payload capacity from the Korea Construction Equipment Technology Institute. These forklifts will be used in a project to verify the reliability and commercial viability of hydrogen forklifts until March 2026 at Korea Zinc’s smelter located in Onsan. The objective of this demonstration project is to establish a foundation for the commercialization of hydrogen forklifts by assessing their economic and safety performance. Hydrogen forklifts are gaining attention for being eco-friendly as they do not emit carbon dioxide during operation, potentially saving a significant amount of CO2 emissions. The global hydrogen forklift market is expected to experience substantial growth, with forecasts indicating a significant increase in market value by 2032. HDX aims to secure more sales post the demonstration project and lead the transition to hydrogen mobility in industrial sites in Korea. This development showcases the growing emphasis on eco-friendly solutions in the materials handling industry.
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