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Hydrogen energy stimulates the infinite possibilities of leapfrogging fields through healthy competition among automakers
The greatest benefit of hydrogen energy in the automotive industry is not all about shaping new energy vehicles, but more importantly, fuel cells and hydrogen storage tanks through the strict verification of automobiles, after such reliability and safety are fully ensured, they can be safely extended to other applications.
Although hydrogen fuel is often attacked as a secondary energy source, resulting in low efficiency, it is also because of this property that hydrogen fuel is more mobile and convenient to obtain. Therefore, if the depot can master the hydrogen production equipment, it will provide a more complete solution, expand the scope of application, strive for potential customers, and thus encourage the market acceptance of hydrogen vehicles.
Hydrogen vehicles are in their infancy, and Hyundai Motor has begun to develop sports cars. If the results in this regard can reach a considerable level, the greatest significance is not only to show the company's technical capabilities, but also to prove that hydrogen fuel cells can be used in sports cars like internal combustion engines, without any discount on performance, which is of great indicative significance.
A breakthrough of hydrogen energy in combining with self-driving capability to open up the revolution in transporting goods.
If gasoline is replaced by hydrogen fuel, just to achieve the purpose of zero emissions, it will waste the potential application space of hydrogen power. Although at this stage this possible idea cannot be commercialized due to lack of economy, Hyundai Motor is still actively presenting it in a conceptual way, which is refreshing, especially represented by the autonomous electric bogie hydrogen concept car.
Its more ambitious goal is not only to use hydrogen fuel cell and other related technologies for commercial use in vehicles such as NEXO SUV, Elec City Bus and XCIENT, but also to expand into various applications in 2040, including high-performance sports cars, urban Air traffic, robots, aircraft and large ships, etc., and then expand to all areas related to energy, including buildings, urban energy and power plants, storage of electricity and heating supplies, etc.
The comprehensive development of various technologies has become a must-have condition for future leading car manufacturers, which is indeed a great challenge. However, in the early stage of the hydrogen vehicle market, where uncertainty and doubts are still strong, Hyundai Motor is still technically trying to demonstrate that, even if it cannot rely on sufficient economic scale for mass production to reduce costs. The performance on various models of vehicles can be comparable to or even surpass that of fuel vehicles and lithium vehicles.
Hyundai motor's layout in hydrogen vehicles will bring a new era of cross-industry diversified development of the auto industry
As Li Hezhen, President of Hyundai Motor Group China, put forward at the China EV100 Conference to strengthen the popularization of hydrogen-powered passenger vehicles, the society's acceptance of hydrogen energy can be improved, so that upstream and downstream enterprises in the industry chain can quickly achieve rapid growth through economies of scale to reduce costs and create a virtuous cycle structure in which enterprises spontaneously participate in the market.
With the layout of Hyundai Motor, it can verify the development results of the car factory in passenger car hydrogen vehicles, which can be transferred to commercial vehicles such as buses, heavy trucks, even trains and aircrafts. It further highlights the technology of mastering hydrogen fuel cells. From the perspective of the horizontal axis, components can be shared across various types of vehicles; from the perspective of the vertical axis, it extends the existing fuel vehicle platform to hydrogen vehicles. Undoubtedly, from the example of Hyundai Motors, hydrogen vehicles will not only change the rules of the game in the automotive industry, but will also open up new horizons for car manufacturers to go beyond the automotive industry.
In July 2022, the company went a step further and signed a memorandum of cooperation with Rolls-Royce Holdings, planning to work together to introduce pure electric and hydrogen fuel cell technology into the air transport industry, for urban air mobility (UAM) and regional air mobility (RAM) market, to provide low-emission solutions, with fuel cell-powered demonstrations expected in 2025.
On the hydrogen bus, Hyundai and Toyota are on the same schedule for commercialization and the layout of domestic and foreign markets. However, because Hyundai fully grasps its own heavy-duty vehicle platform and the South Korean government has a very positive attitude in guiding the introduction of bus companies, the future progress should be significantly ahead of Toyota.
The company tends to consider hydrogen fuel as a clean energy solution for commercial vehicles or heavy vehicles, mainly because of the convenience of hydrogen fuel in production, transportation, sub-packaging and storage, coupled with its high-density energy carrier, which can reduce the hydrogen refueling time and enables hydrogen vehicles to provide continuous energy output suitable for long-distance driving and carrying heavy loads more than lithium vehicles, greatly reducing downtime, thereby improving work efficiency and reducing infrastructure costs.