Hyundai Motor is all set to start Fuel Cell Electric Vehicle (FCEV) manufacturing. And thus, the company is exploring the possibilities with hydrogen technology-based development more. This initiation allows Hyundai to make some key investments. Hyundai partners with H2Pro, Impact Coatings, and GRZ Technologies. They’re the leading three companies that deal with Hydrogen in the mainstream market. Because of this partnership, we will see Hyundai with fuel cell technology in the near future. The heightened demand and technological advancements will surely help Hyundai to enhance the efficiency of its fuel cell electric vehicle manufacturing.

President and Chief Innovation Officer of Hyundai Motor Group, Youngcho Chi, says Hyundai’s investments in these three innovative companies will reduce the cost of production. Moreover, it will enhance the safety and affordability of hydrogen infrastructure. He added.

Above all, Youngcho Chi also declares that this initiative by Hyundai will accelerate the adoption of hydrogen technology. And this is possible by making FCEVs more accessible to its loyal customers.

What Makes Hyundai to Choose 3 Companies for Fuel Cell Electric Vehicle Manufacturing?

Impact Coating AB is a leading supplier of PVD-based coating solutions for fuel cells, providing machines, coating materials, and services. Hyundai and Impact Coating will jointly research and develop next-gen materials, equipment, and processes for a variety of applications including hydrogen and fuel cell production to satisfy the mutually signed agreement.

Israeli startup, H2Pro develops E-TAC which is an electrochemical thermally active chemical that promotes water-splitting technology. This will lower the cost of hydrogen production which will automatically decrease the price of hydrogen for Hyundai’s customers. This is the second investment by Hyundai on any startup and the first one is made in November 2018.

Hyundai partners with Switzerland based hydrogen energy storage technology specialist GRZ Technologies to accelerate efforts for commercializing hydrogen infrastructure and can make accessible to customers worldwide.

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