Hyundai Motor signs MOU on hydrogen electric vehicle revitalization with Air Liquide

South Korea’s Hyundai Motor Co. announced recently that it signed a memorandum of understanding with Air Liquide S.A., a French industrial gas company, to boost cooperation to take lead in the global hydrogen electric vehicles, as part of its efforts to vitalize the hydrogen electric vehicle market.
The Korean car maker explained that Air Liquide is a French company with world-class technologies related to hydrogen production and construction and operation of hydrogen plants. Hyundai Motor in cooperation with Air Liquide plans to push for the revitalization of the hydrogen electric vehicle market, utilizing hydrogen as a clean new renewable energy and development of business models of hydrogen energy stations.

A hydrogen electric vehicle refers to a car that drives by operating a motor using electricity generated by hydrogenoxygen reaction. The car is regarded as an eco-friendly car emitting not air pollution substances and green house gases but just water.
Hyundai Motor successfully mass produced hydrogen electric vehicles of the Tucson in 2013. The company has developed a next-generation hydrogen electric vehicle with higher mileage, aiming to release it in 2018. Hyundai Motor Group plans to increase hydrogen electric vehicle models to two by 2020.

< Source: KITA> | Blog Magazine of korean-machinery, brands and Goods

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