Hyundai acquires shares in H2 Mobility
Besides zero-emission vehicles, Hyundai is also increasing focus on developing infrastructure to fuel cells.
Hyundai Motor has acquired shares in H2 Mobility Deutschland GmbH & Co. KG, an entity responsible for the nationwide development of a hydrogen infrastructure in Germany.
Hyundai Motor Company, represented by Hyundai Motor Deutschland, has now become the first non-founding shareholder in the company. H2 Mobility was established in 2015 by its founding members TotalEnergies, Shell, OMV, Linde, Air Liquide, and Daimler. Since then, H2 Mobility has been building and operating the hydrogen refuelling infrastructure in Germany.
Hyundai will work with H2 Mobility to develop a hydrogen ecosystem that meets the needs of society even beyond mobility.
Hyundai has been supporting developing hydrogen infrastructure in Germany, strengthening the infrastructure necessary to power its fuel cell electric vehicles (FCEVs).
Nikolas Iwan, MD of H2 Mobility, said, “By joining, Hyundai is underlining the increasing importance of hydrogen as it guarantees unlimited, unrestricted mobility.”
Michael Cole, President and CEO of Hyundai Motor Europe, said, “Combining our experience in hydrogen fuel cell systems and H2 Mobility’s years of hydrogen infrastructure development, this partnership will empower us to make significant headway toward creating a clean hydrogen ecosystem.”
All of H2 Mobility’s stations can service fuel cell electric vehicles, including passenger cars and light commercial vehicles, at 700 bar. Due to an increasing number of passenger cars, buses, rubbish collection vehicles, road sweepers, and trucks running on clean fuel, an increasing number of stations are dedicated to servicing larger commercial vehicles by offering hydrogen refuelling at 350 bar.
In a separate development, Hyundai Motor Company and Hyundai Electric & Energy Systems Co. agreed to develop a hydrogen fuel cell package for mobile power generation. Under the MOU, both partners will develop a hydrogen fuel cell package dedicated to mobile power generators and alternative maritime power (AMP) supply solutions, based on Hyundai Motor’s polymer electrolyte membrane fuel cell (PEMFC) system that is used in Hyundai Motor’s fuel cell vehicles. Hyundai Motor will supply PEMFC fuel cell systems and provide technical support, while Hyundai Electric will develop and commercialise a fuel cell-based power generation package that includes mobile generators and AMP supply systems.