Bit Auto News recently learned from official channels that Hyundai Motor Hydrogen Fuel Cell System (Guangzhou) Co., Ltd. (hereinafter referred to as "HTWO Guangzhou") and Guangzhou Hengyun Enterprise Group Co., Ltd. (hereinafter referred to as "HTWO Guangzhou") Hengyun Group") and Guangzhou Development Zone Transportation Investment Group Co., Ltd. (hereinafter referred to as "Guangzhou Development Zone Transportation Investment Group") signed a letter of intent to jointly establish a hydrogen energy joint venture to provide automotive hydrogen fuel cell systems and other services. At the same time, Hyundai’s hydrogen fuel cell SUV Nexo is also expected to be imported and launched within the year.
According to the letter of intent, the three parties will work together to establish a hydrogen energy joint venture, focusing on the pain points of commercial application of hydrogen energy and developing four major businesses based in Guangzhou:
For the automotive field, External sales of hydrogen fuel cell systems developed based on Hyundai Motor Group's technology adapted to the Chinese market, providing system and vehicle engineering application integration, after-sales and other services;
Innovating the supply chain cultivation model for the hydrogen energy industry ecology;
For the operation field, provide hydrogen fuel cell vehicle rental services to vehicle operating companies and end-use vehicle companies, reducing purchase costs and promotion difficulties;
For multiple application scenarios of hydrogen energy, use Based on the hydrogen fuel cell system developed by Hyundai Motor Group, we jointly develop innovative hydrogen energy application products such as electric vehicle charging systems and backup power generation systems.
China has officially announced its environmental protection goals of "strriving to peak carbon emissions before 2030 and achieve carbon neutrality before 2060." Hydrogen energy has the advantages of good environment, strong safety, high energy density, high conversion efficiency and wide range of uses. It is an important breakthrough to deal with the energy crisis and achieve dual carbon goals. At present, China has elevated the development of hydrogen energy to a strategic energy plan. , the hydrogen energy industry is ushering in a period of major development opportunities.
Nexo is expected to be imported and launched within the year
Hyundai Motor Group’s total global sales in the first half of 2022 were 3.299 million vehicles, ranking third among global car companies. As a leader in the global automobile industry, Hyundai Motor Group has long been committed to promoting the realization of a clean society around the world. It is one of the first car companies in the world to develop hydrogen fuel cell vehicles. It has a 24-year history of hydrogen fuel cell research and development, and has the world's recognized top hydrogen With its technological strength, its hydrogen fuel cell SUV Nexo has accumulated global sales of more than 30,000 units as of September 2022, making it the world's highest-selling hydrogen fuel cell model.
In January 2021, Hyundai Motor Group signed an investment cooperation agreement with the Guangzhou Development Zone Government of Guangzhou to establish Hyundai Motor Hydrogen Fuel Cell System (Guangzhou) Co., Ltd., and started construction of the group's world's first hydrogen fuel cell system (Guangzhou) Co., Ltd. in February Overseas hydrogen fuel cell system R&D, production and sales base - "HTWO Guangzhou".
"HTWO Guangzhou" covers an area of ??202,000 square meters. Upon completion, it will become a comprehensive facility including a hydrogen fuel cell stack production plant, a hydrogen fuel cell system production plant, a R&D center and an innovation center. Base to expand and supply the world's leading hydrogen fuel cell systems to automobiles, ships, rail transit, power generation and other fields.
In the future, with the strong support of the Huangpu District and Guangzhou Development Zone governments, the three parties will seize the opportunity period of the fuel cell vehicle demonstration city cluster policy, introduce superior resources to accelerate the business development of the joint venture, and strive to promote it during the demonstration period More than 4,500 hydrogen fuel cell systems will help the large-scale development of Guangzhou's hydrogen energy industry, the construction of fuel cell vehicle demonstration city clusters in Guangdong Province, and the realization of China's "double carbon" goal, and together we will realize a hydrogen future of "high-value development".
According to Bitauto App’s “Hot List” data, Hyundai (imported) ranks 75th among competing products of the same level, with an average daily attention of 45,700. If you need more data, please go to Bitauto App to view.