HTWO Guangzhou, Hyundai Motor Group’s first overseas fuel cell system production base, has signed a memorandum of understanding (MoU) with Air Liquide China on hydrogen mobility in China.
Under the MoU, the two companies will explore cooperation across the hydrogen mobility value chain.
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HTWO Guangzhou will contribute hydrogen fuel cell system technology, while Air Liquide China will provide expertise in hydrogen production, storage, transport and infrastructure construction.
They plan to work with other participants in the hydrogen industry ecosystem on an integrated demonstration model linking vehicle transport, charging infrastructure and hydrogen supply.
HTWO Guangzhou general manager Choi Doo-ha said: “Through this collaboration, we plan to explore a hydrogen value chain business model that links vehicle transportation, charging infrastructure, and hydrogen supply, and contribute to the Chinese hydrogen mobility industry.”
According to the translated version of the statement, the companies will also assess operating models that connect hydrogen supply with the deployment of hydrogen commercial vehicles at logistics hubs and on trunk routes.
The collaboration will further examine ways to improve the commercial viability of hydrogen mobility in China, including lowering the total cost of ownership.
The companies intend to identify business models suited to the country’s hydrogen commercial vehicle market and to support the use of such vehicles in its logistics sector.
HTWO Guangzhou handles research and development, production and sales of hydrogen fuel cell systems.
It is developing products for China’s hydrogen commercial vehicle market and expanding into hydrogen logistics and commercial vehicles.
Air Liquide China produces, stores and transports hydrogen, and develops hydrogen infrastructure in the country, including the manufacture, installation and operation of refuelling stations.
Hyundai Motor Group and Air Liquide have cooperated in hydrogen-related areas since 2018, covering hydrogen electric vehicles, hydrogen as a clean energy source and refuelling station business models.
Air Liquide China deputy general manager Chen Xing added: “We look forward to combining each company’s strengths to expand cooperation in various fields, such as hydrogen logistics and vehicle demonstration, and to seeking hydrogen mobility solutions that are economical and sustainable to contribute to the eco-friendly transition of China’s transportation sector.”
In March this year, the group launched HTWO in Japan as part of its aim to become a leading global provider of end-to-end hydrogen-based solutions.
