Hyundai Motor Group Launches Dedicated Fuel Cell Brand: Report

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  • Hyundai Motor Group, which includes Hyundai Motor Co and Kia Motors Corp, said the name ‘HTWO’ stands for the hydrogen molecule, H2, as well as “hydrogen” and “humanity”
  • Hyundai said it is increasing efforts to develop fuel cell systems that can be used in the Urban Air Mobility (UAM), auto, vessels and trains markets, with a focus on Korea, the United States, Europe and China

As per a report by Reuters, Hyundai Motor Group said it is launching a brand dedicated to its hydrogen fuel cell system to boost that business. The report added that Hyundai Motor Group, which includes Hyundai Motor Co and Kia Motors Corp, said the name ‘HTWO’ stands for the hydrogen molecule, H2, as well as “hydrogen” and “humanity.”

As per the report, Hyundai said it is increasing efforts to develop fuel cell systems that can be used in the Urban Air Mobility (UAM), auto, vessels and trains markets, with a focus on Korea, the United States, Europe and China. After introducing the ix35 fuel cell electric vehicle in 2013, Hyundai has added the NEXO SUV, the XCIENT fuel cell heavy duty truck and a fuel cell electric bus.

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The report added that while taking over as Hyundai Motor Group’s group chairman in October, Euisun Chung identified hydrogen fuel cells, as well as autonomous driving, electrification, robotics and UAM – industry jargon for flying cars- as his initiatives for the future.

As per the report, hydrogen backers say it is cleaner than other carbon-cutting technologies as water and heat are the only byproducts. It can be made from numerous sources, including methane, coal, water, and even garbage. The report added that fuel cell vehicles remain a niche technology due to concerns about a lack of fuelling stations, resale values and the risk of hydrogen explosions.

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