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Hyundai Motor Group Presents Hydrogen Vision for Energy Transition at CEM16

Hyundai Motor Group, one of the world’s leading automotive manufacturers, has been at the forefront of promoting sustainable and eco-friendly solutions for the future. In line with this commitment, the company recently participated in two high-level dialogues at the 16th Clean Energy Ministerial (CEM16) and the Hydrogen Energy Ministerial Meeting (HEMM) to highlight the crucial role of hydrogen in decarbonization and energy resilience.

The CEM16 and HEMM, held virtually on May 31 and June 1, 2021, respectively, brought together energy ministers and high-level representatives from over 25 countries to discuss clean energy policies and strategies for a sustainable future. Hyundai Motor Group, represented by its Executive Vice Chairman, Euisun Chung, shared its vision and initiatives for a hydrogen-based society, emphasizing the importance of collaboration and innovation in achieving a carbon-neutral future.

During the CEM16, Executive Vice Chairman Chung highlighted the potential of hydrogen as a key enabler in decarbonizing the transportation sector. He emphasized that hydrogen fuel cell electric vehicles (FCEVs) have the potential to play a significant role in reducing carbon emissions and improving air quality. He also stressed the need for governments to provide policy support and infrastructure development to accelerate the adoption of FCEVs.

Hyundai Motor Group has been a pioneer in the development and commercialization of FCEVs. Its flagship FCEV, the Hyundai NEXO, has been recognized for its advanced technology and eco-friendliness, winning numerous awards and accolades. The company has also been actively collaborating with governments and other stakeholders to establish a hydrogen ecosystem, including the development of hydrogen charging stations and the production of green hydrogen.

At the HEMM, Executive Vice Chairman Chung reiterated the potential of hydrogen in achieving energy resilience. He emphasized that hydrogen can play a crucial role in balancing the intermittent nature of renewable energy sources and providing a stable and reliable energy supply. He also highlighted the importance of international cooperation in developing a global hydrogen economy and achieving energy security.

Hyundai Motor Group’s commitment to promoting hydrogen as a clean energy source is evident in its recent partnerships and initiatives. The company has joined hands with global energy companies to develop a hydrogen value chain, from production to distribution and utilization. It has also launched a joint venture with Swiss company H2 Energy to commercialize heavy-duty fuel cell electric trucks in Europe, further expanding the application of hydrogen beyond passenger vehicles.

In addition to its efforts in the transportation sector, Hyundai Motor Group is also actively exploring the use of hydrogen in other industries, such as power generation and industrial processes. The company’s vision is to create a hydrogen society where hydrogen is produced from renewable sources and used in various sectors, leading to a sustainable and carbon-neutral future.

The participation of Hyundai Motor Group in these high-level dialogues reflects its strong commitment to promoting sustainable and eco-friendly solutions. The company’s efforts in developing and commercializing FCEVs, establishing a hydrogen ecosystem, and exploring new applications of hydrogen demonstrate its leadership in the transition towards a hydrogen-based society.

As the world moves towards a greener and more sustainable future, it is crucial for governments, industries, and individuals to work together towards a common goal. Hyundai Motor Group’s participation in the CEM16 and HEMM serves as a reminder that collaboration and innovation are key to achieving a carbon-neutral future. With its pioneering efforts in promoting hydrogen, the company is paving the way for a cleaner and more resilient world for generations to come.

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