HHM, Hydrospider to deploy green hydrogen-based FCEVs in Switzerland
By Akshay Kedari  Date: 2019-09-27

HHM, Hydrospider to deploy green hydrogen-based FCEVs in Switzerland

Mounting environmental concerns have significantly increased the demand for eco-friendly heavy-duty electric vehicles for industrial applications. The green hydrogen revolution has begun and auto majors are making efforts to deploy hydrogen mobility.

Hyundai Hydrogen Mobility (HHM), the joint venture between H2 Energy and Hyundai Motor Company, has reportedly formed an alliance with Hydrospider, a joint venture of Alpiq, Linde and H2 Energy, to foster the hydrogen ecosystem in Switzerland as well as other European countries in the coming years.

Sources familiar with the knowledge of the matter have reported that HHM and Hydrospider had held a ceremony at Alpiq’s hydro-electric power plant based in Gosgen Switzerland with the aim to introduce a new business model for hydrogen mobility with fuel cell electric-trucks powered by Hydrospider’s green hydrogen production plant.

The two parties also evidently disclosed plans to build required refueling infrastructure.

Hyundai has apparently been eyeing the European market for the deployment of electric trucks for quite some time. The South Korean automaker had entered a joint venture agreement with H2 Energy earlier this year to take the lead across Europe’s proliferating hydrogen mobility ecosystem. As per the agreement, Hyundai intends to bring 1,600 fuel-cell-electric heavy-duty vehicles by 2025.

Analysts claim that stringent regulations pertaining to carbon emissions and strong demand for fuel cell trucks across Europe and Switzerland will help Hyundai gain a strategic foothold in the region via HHM.

Notably, there is currently a strong focus to establish solutions and networks in Austria, the Netherlands, Germany and Norway.

Cheol Lee, Executive VP and Head of Commercial Vehicle Division at Hyundai Motors, was quoted saying that the partnership between HHM and Hydro-spider is aimed to deliver FCEVs in a distinctively designed ecosystem.

Hyundai’s next-gen H2 XCIENT

The deployment of fuel cell trucks in Switzerland supposedly marks the first expansion of Hyundai’s FCEV leadership into the green mobility space.

According to authentic sources, the Hyundai H2 XCIENT fuel cell truck, built in order to comply with the European regulations, feature a 190 kW hydrogen fuel cell engine and offers a single-fueling travel range of up to 400 km. The automobile also has seven large hydrogen tanks that can store up to 35 kg of hydrogen.

Source Credits – https://www.hmgjournal.com/MediaCenter/News/Press-Releases/green-hydrogen-allows-hyundai-hydrogen-mobility-and-hydrospider-to-connect-electricity-with-mobility-sectors-in-switzerland

About Author

Akshay Kedari    

Akshay Kedari

A qualified computer engineering graduate, Akshay Kedari takes pride in having his way with words. Following his passion for content creation, he writes insightful pieces on aeresearch.net and a few other portals. Also endorsed with a short-term experience in web deve...

Read More

More News By Akshay Kedari

Innovaccer unveils AI-enabled patient relationship management solution
Innovaccer unveils AI-enabled patient relationship management solution
By Akshay Kedari

Innovaccer, Inc., a healthcare company, has recently launched an AI (artificial intelligence) enabled patient relationship management solution. The new solution will streamline communication between the care teams and patients. In addition, the solu...

Geely Tech to rollout a smart battery swapping network across Jinan
Geely Tech to rollout a smart battery swapping network across Jinan
By Akshay Kedari

Geely Technology Group, a Chinese automobile manufacturer, and the Municipal Government of Jinan, China, have reportedly signed an all-round strategic cooperation deal to jointly develop a network of smart battery swapping service stations across Jin...

CStone Pharmaceuticals, Pfizer finalize a $200 million share sale deal
CStone Pharmaceuticals, Pfizer finalize a $200 million share sale deal
By Akshay Kedari

Chinese biotechnology company, CStone Pharmaceuticals has recently announced that it has completed the Share Subscription Agreement with Pfizer Inc. for its newly issued shares worth US$200 million. The move furthers the biotech’s multifaceted ...

Researchers bag $6Mn grant to study the link between Parkinson’s & aging
Researchers bag $6Mn grant to study the link between Parkinson’s & aging
By Akshay Kedari

A three-year grant worth $6 million, funded by the Michael J. Fox Foundation, was recently awarded to a collaborative research team from Michigan’s Van Andel Institute (VAI) and the University of Minnesota Medical School. The grant was given th...

EY announces availability of OpsChain Network Procurement solution
EY announces availability of OpsChain Network Procurement solution
By Akshay Kedari

Ernst & Young (EY), a global professional services network, has recently announced the availability of a first-of-its-kind OpsChain Network Procurement solution. The solution has been built on the company’s OpsChain platform. It will enabl...