Hyundai Motor Group (the Group) announces Hydrogen Vision 2040, to popularize hydrogen by 2040 for ‘Everyone, Everything and Everywhere’ at Hydrogen Wave

Hydrogen Wave represents the Group’s plans for a new ‘wave’ of hydrogen-based products and technologies toward a hydrogen society

The Group to introduce next- generation fuel cell system – 100kW and 200kW variations – in 2023 with costs being lowered by more than 50%, total package volume reduced by 30% and power output doubled

The Group to become the first automaker to apply fuel cell systems to all commercial vehicle models by 2028

The Group to achieve a fuel cell electric vehicle (FCEV) price point comparable to a battery electric vehicle (BEV) by 2030

The Group to apply fuel cell systems to all types of mobility and furthering the technology to all other aspects of society including homes, buildings and powerplants as energy solutions

Future product concepts featuring fuel cell technologies also revealed, including Trailer Drone, high-performance sports car, and fuel cell equipped vehicles for emergency relief and rescue missions

Chairman of the Group, Euisun Chung, outlines the journey ahead: “By developing advanced technologies and innovative systems – as well as encouraging close collaboration between public and private sectors across the globe – it is possible to make this sustainable vision a reality for all.”

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