Faurecia has won a contract for hydrogen storage systems for Hyundai trucks.
The French manufacturer will supply the hydrogen storage system (including 10,000 tanks), which will be produced in its global centre for hydrogen storage systems in Bavans, France, with delivery to start in 2021.
Go deeper with GlobalData
During a four-year period, Faurecia will equip around 1,600 Hyundai heavy duty trucks, which afterwards will be delivered to Hyundai Hydrogen Mobility in Switzerland, a newly-created joint venture between Hyundai and H2 Energy.
“Fuel cell electric vehicle technology will become significant in the powertrain mix in the next 10 to 15 years in particular for commercial vehicles,” said Faurecia CEO, Patrick Koller.
“Faurecia is investing significant resources in optimising the potential of this technology and creating the ecosystem to accelerate its deployment. This award, along with the joint venture we have created with Michelin to offer a range of hydrogen fuel cell systems, is a major step in our commitment to become the leader in fuel cell systems.”
The range and refuelling time of fuel-cell lorries should be equivalent to diesel while being completely emissions-free, notes Faurecia.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataBy 2030, it is estimated 2m new vehicles of which 350,000 will be commercial models, will be equipped with fuel cell technology.
