Hyundai and IndianOil Collaborate to Pave the Way for Hydrogen Fuel Cell Vehicles in India
Key Ideas
  • Hyundai Motor India and IndianOil sign MoU to explore the feasibility of Hydrogen Fuel Cell Electric Vehicles for mass usage in India.
  • The partnership aims to assess the performance, reliability, and cost-effectiveness of hydrogen-powered vehicles in Indian conditions over 40,000 km.
  • Both companies will conduct a Total Cost of Ownership (TCO) assessment to understand maintenance and operational costs of hydrogen vehicles.
  • The collaboration supports HMIL's broader goals and includes the development of a 'Hydrogen Innovation Centre' in partnership with IIT Madras.
Hyundai Motor India Limited has partnered with Indian Oil Corporation Limited to investigate the possibility of implementing Hydrogen Fuel Cell Electric Vehicles (FCEVs) for mass use in India. The collaboration involves real-world testing of the Hyundai NEXO Hydrogen FCEV by IndianOil over a span of two years, covering an estimated 40,000 km. The partnership aims to evaluate the performance, reliability, and cost-effectiveness of hydrogen-powered vehicles specifically tailored for the Indian market. Additionally, a Total Cost of Ownership (TCO) assessment will be conducted to analyze the maintenance and operational costs of these vehicles, crucial for understanding their economic viability. The collaboration aligns with HMIL's strategy to combine world-class hydrogen fuel cell technology with Indian expertise to promote sustainable mobility and clean energy solutions in India. Dr. Alok Sharma from IndianOil Corporation emphasized the significance of hydrogen fuel in India's clean energy roadmap, highlighting the potential of this collaboration to enhance fuel cell technology research. The partnership also extends to the development of a 'Hydrogen Innovation Centre' in collaboration with the Indian Institute of Technology Madras, focusing on testing and advancing green hydrogen technology to shape the future of clean energy and mobility solutions in India.
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