Hyundai Motor Group has been a pioneer in the automotive industry, constantly striving towards creating a sustainable future for all. In line with this mission, the group recently participated in two high-level dialogues at the 16th Clean Energy Ministerial (CEM16) and the Hydrogen Energy Ministerial (HEM16). At both events, Hyundai Motor Group highlighted the vital role of hydrogen in decarbonization and energy resilience, further solidifying its commitment to a greener and more sustainable future.
The 16th Clean Energy Ministerial, held virtually on May 31st, 2021, brought together energy ministers and business leaders from around the world to discuss the transition towards clean energy. At this forum, Hyundai Motor Group’s Executive Vice-Chairman, Chung Euisun, emphasized the importance of hydrogen in achieving global decarbonization goals. He highlighted the group’s commitment to investing in and promoting hydrogen as a clean energy source, stating, “Hyundai Motor Group is committed to becoming a leader in the hydrogen energy sector, and we are continuously working towards this goal by investing in research and development of fuel cell technology.”
The group’s commitment to hydrogen-powered vehicles was further solidified at the 16th Hydrogen Energy Ministerial, which took place on June 1st, 2021. During this event, Chairman Euisun Chung shared the group’s vision for a hydrogen society and the plans for expanding its fuel cell electric vehicle (FCEV) lineup. He also stressed the importance of collaboration between governments, businesses, and academia to accelerate the development of the hydrogen industry. “Hyundai Motor Group is committed to working closely with governments, industry partners, and other stakeholders to create a sustainable and efficient hydrogen ecosystem,” he stated.
Hyundai Motor Group’s efforts towards promoting hydrogen as a clean energy source are not limited to just dialogues and discussions. The group has been actively investing in research and development of fuel cell technology and has already introduced its FCEV, the NEXO, to the market. With a range of 380 miles, the NEXO is the world’s first dedicated FCEV and has been praised for its zero-emission capabilities. The group is also working towards expanding its FCEV lineup, with plans to introduce 23 new hydrogen-powered vehicles by 2025.
Moreover, Hyundai Motor Group has also been actively promoting the establishment of a hydrogen infrastructure. In partnership with the Korean government, the group has launched the Hydrogen Energy Fund, investing in various projects to develop a robust hydrogen infrastructure. The fund also aims to support the growth of the hydrogen industry and create a sustainable ecosystem for hydrogen-powered vehicles.
In addition to promoting hydrogen as a clean energy source for transportation, Hyundai Motor Group is also looking to expand its use in other sectors. The group is actively exploring the potential of using hydrogen in power generation, industrial processes, and heating. This holistic approach towards decarbonization and energy resilience further highlights the group’s commitment to a sustainable future.
Hyundai Motor Group’s efforts towards promoting hydrogen have not gone unnoticed. The group has been recognized for its contributions to the hydrogen industry, receiving the ‘Hydrogen Innovation Award’ at the 2021 H2 View Awards and the ‘Hydrogen Fuel Cell Innovation Award’ at the 2020 SAE International WCX World Congress Experience.
In conclusion, Hyundai Motor Group’s participation in the 16th Clean Energy Ministerial and the Hydrogen Energy Ministerial has once again highlighted its dedication towards promoting hydrogen as a clean and sustainable energy source. The group’s commitment to investing in research and development, promoting collaboration, and expanding its hydrogen ecosystem is a testament to its vision for a greener future. With the growing concerns of climate change and the need for a more sustainable future, Hyundai Motor Group’s efforts towards promoting hydrogen are a step in the right direction, inspiring others to join the journey towards a cleaner and more energy-resilient world.