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New energy vehicles have entered a period of rapid development under the simultaneous development of market and policy. As one of the "troika" of new energy (i.e. plug-in hybrid vehicles, pure electric vehicles, fuel cell vehicles), hydrogen fuel cell vehicles have become the commanding heights of the automotive industry technology competition due to their characteristics such as endurance, gas filling speed, and "zero emissions". Hyundai Automobile accurately grasps the pain points of the industry and the times, deepens the hydrogen energy technology, seizes the market opportunities, takes into account the overall situation, undertakes the mission, and cooperates with industry partners in an open enterprise pattern to contribute to promoting the development of the automobile industry and sustainable cause.

Open enterprise pattern boosts industry development

Hyundai Motor has already started to deploy hydrogen energy vehicles with its sensitive business sense. At the beginning of this year, Hyundai Motor NEXO was officially launched, with a driving range of 609 kilometers. It can be started smoothly in a low temperature environment of minus 30 degrees centigrade, while hydrogenation only takes 5 minutes. Hyundai, which is already in the leading position in the industry, did not stop because of its remarkable achievements. Instead, it joined hands with industry partners with a more open mind to work together for a sustainable future and better travel. Recently, Hyundai Motor has successively cooperated with Audi, Swiss H2 hydrogen and fuel cell operators and other partners, hoping to inject a powerful "combustion promoter" into the industry development through joint efforts of enterprises.

Exploring the breakthrough of automobile industry transformation - hydrogen energy

Hydrogen energy is the best solution to deal with greenhouse gas emissions, unstable energy supply, resource depletion and other problems, so the global attention to hydrogen energy is growing. In order to seize the first opportunity in the hydrogen fuel cell vehicle market, the competition between vehicle enterprises has gradually become intense. On the other hand, major countries in the world have awakened their awareness of developing hydrogen fuel cell vehicles. They have provided purchase subsidies, hydrogen charging facilities and other policy support for the hydrogen fuel cell vehicle market and related industries, which has greatly promoted the development process of hydrogen fuel cell vehicles.

At present, global hydrogen energy vehicles have entered the stage of technology and market demonstration, and are expected to enter the stage of commercialization in 2020.

Future market space of hydrogen energy vehicles

Several countries and regions have announced specific planning objectives related to the development of hydrogen energy vehicles. The Ministry of Industry, Commerce and Resources of South Korea has joined hands with the automobile industry, and it is estimated that a total investment of 15.888 billion yuan will be made before 2022; China announced that it will popularize 5000 hydrogen fuel cell vehicles and more than 100 hydrogen refueling stations by 2020; Japan plans to establish a large-scale hydrogen energy supply chain with an annual supply of 300000 tons, significantly reduce the price of hydrogen energy, and promote the application of hydrogen energy in power and mobile fields. It is planned that by 2020, the number of hydrogen fuel cell vehicles will reach 40000; In order to popularize hydrogen energy, Europe formulated the "Common Business Law on Hydrogen · Fuel Cell R&D" in 2008 and is conducting verification work; California, which attaches the most importance to environment-friendly vehicles in the United States, also took the state government as the center, and formulated and released the future plan of hydrogen fuel cell vehicles in 2014. Their goal is to build 123 hydrogen refueling stations and popularize 30000 hydrogen fuel cell vehicles by 2023.

A series of planning data show that hydrogen energy vehicles have strong market potential and will occupy the mainstream position in the automotive market in the future. At this time, Hyundai Motor is deeply engaged in hydrogen energy technology, demonstrating its sensitivity to industry development and advanced market layout awareness. And joining hands with new partners in the industry, on the one hand, shows Hyundai's determination to develop hydrogen energy vehicles, and on the other hand, shows the overall view of the modern automobile industry - to work together for win-win results and boost the development of the industry.

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