HYUNDAI Motor Group (HMG) has introduced one other sub-brand, this time devoted solely to the group’s hydrogen fuel-cell (FCEV) expertise and its software to “varied types of mobility similar to city air mobility (UAM), cars, vessels and trains”.
Formally dubbed HTWO, the title of the brand new model is reflective not solely of its space of experience – hydrogen (H2) – but additionally what HMG describes because the pillars of its gas cell enterprise; ‘Hydrogen’ and ‘Humanity’.
The announcement was made as HMG’s up to date ‘Technique 2025’ roadmap was outlined on the ‘2020 CEO Investor Day’ discussion board held in Seoul this week.
“With HTWO, Hyundai Motor is stepping up efforts for the event of a next-generation hydrogen fuel-cell system that may be utilized to numerous types of mobility similar to UAM, cars, vessels and trains,” HMG stated in a press release.
“Not solely will the next-generation fuel-cell system be out there for a lot of totally different mobility services, it’s going to ship enhanced efficiency and sturdiness at an reasonably priced value in a lighter structure with enhanced vitality density.”
Whereas HTWO can be a world model, the preliminary focus will reportedly be on Korea, america, Europe and China which have been dubbed as ‘main hub areas’.
Plans for the brand new model have been in place for a while now with the fundamental groundwork being outlined 12 months in the past when the Technique 2025 roadmap was first revealed.
On the time, then-HMG government vice-chairman Euisun Chung stated the Group was trying to be a world chief in FCEV expertise, which it hopes to implement in a spread of sectors not restricted to automotive.
“Particularly, in our fuel-cell electrical automobile enterprise, the place we boast the world’s high technological competitiveness, we are going to hit our stride by offering fuel-cell programs to prospects not solely within the automotive trade but additionally in different sectors,” he stated.
“Moreover, we are going to add momentum to increasing the hydrogen ecosystem and its infrastructure by cooperating with companions around the globe.”
Talking extra broadly in regards to the up to date ‘Technique 2025’, HMG president and CEO Wonhee Lee stated 2020 had been a troublesome yr however regardless of this, the foundations for future success had been laid.
“Hyundai is now geared up with new methods to reply to quickly altering enterprise setting,” he stated.
