Hyundai and Indian Oil's Collaboration on Hydrogen FCEVs in India
Key Ideas
  • Hyundai has handed over a Nexo Hydrogen FCEV to Indian Oil for real-world testing in India to explore the viability of mass-using hydrogen FCEVs.
  • The collaboration aims to evaluate the longevity, operational reliability, and total cost of ownership over a 40,000km distance to assess economic and environmental benefits.
  • Both companies are optimistic about the potential of hydrogen as a sustainable fuel source in India, highlighting the transformative impact of green hydrogen on the energy sector.
  • Indian Oil sees hydrogen fuel cell technology as a key component in India's clean energy roadmap to achieve net carbon neutrality and reduce fossil fuel imports.
Hyundai Motor India has partnered with Indian Oil Corporation to conduct real-world tests of the Nexo Hydrogen Fuel Cell Electric Vehicle (FCEV) in India. The collaboration aims to explore the mass-use viability of hydrogen FCEVs in the country. Over a two-year trial period, Hyundai and Indian Oil will evaluate the vehicle's longevity, operational reliability, and total cost of ownership over an estimated 40,000km distance on Indian roads. The Memorandum of Understanding (MoU) between the two companies signifies a significant step toward assessing the economic and environmental benefits of adopting hydrogen-powered vehicles in the Indian market. The Managing Director of Hyundai Motor India highlighted the importance of combining world-class hydrogen fuel cell technology with Indian expertise to make green hydrogen accessible, affordable, and sustainable. Both companies expressed confidence in demonstrating hydrogen's potential as a sustainable fuel source for the future. Indian Oil, as a key player in India's energy sector, views hydrogen fuel as integral to India's clean energy roadmap and aims to contribute to achieving net carbon neutrality and reducing fossil fuel imports through fuel cell technology advancements. The collaboration between Hyundai and Indian Oil is expected to advance efforts in studying fuel cell technology and promoting a greener mobility ecosystem. With Hyundai's propulsion capabilities and Indian Oil's energy expertise, the partnership signifies a commitment to innovation, sustainability, and environmental impact in the automotive sector in India.
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