Hyundai Motor India and Indian Oil Join Forces for Green Hydrogen Future
Key Ideas
- Hyundai Motor India partners with Indian Oil to evaluate the feasibility of Hydrogen Fuel Cell Electric Vehicles (FCEVs) for mass adoption in India.
- A two-year pilot project with Indian Oil will focus on assessing the vehicle's durability, operational reliability, and Total Cost of Ownership (TCO) over a distance of 40,000 km.
- The collaboration includes the establishment of a 'Hydrogen Innovation Centre' with the Indian Institute of Technology Madras to drive innovation in Green Hydrogen technology.
- The initiative plays a crucial role in laying the foundation for hydrogen-powered transportation in India, aligning with the country's goals of achieving carbon neutrality and sustainable growth.
Hyundai Motor India Limited (HMIL) has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited to explore the viability of Hydrogen Fuel Cell Electric Vehicles (FCEVs) in India. The collaboration aims to promote sustainable mobility solutions by evaluating the feasibility of FCEVs for mass adoption. HMIL handed over a Hyundai NEXO, its flagship hydrogen-powered FCEV, to Indian Oil for real-world trials to assess durability and operational reliability over a 40,000 km distance. The partnership also includes a Total Cost of Ownership (TCO) analysis to understand the economic and environmental benefits of hydrogen-based mobility. The initiative showcases a commitment to innovation, with the establishment of a 'Hydrogen Innovation Centre' with the Indian Institute of Technology Madras to drive research, development, and innovation in Green Hydrogen technology. This collaboration signifies a significant step towards laying the groundwork for hydrogen-powered transportation in India, supporting the country's aspirations of achieving carbon neutrality and sustainable growth.
Topics
Projects
Clean Energy
Innovation
Sustainability
Research And Development
Energy Sector
Collaboration
Carbon Neutrality
Public Sector
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