Hyundai announced plans to develop a total of 17 electric commercial vehicles they want market-ready by 2025, by which time the South Korean manufacturer plans to have expanded its range of commercial vehicles to include seven battery-electric and ten fuel cell models.
According to the Korean company, the 17 models will include at least one battery-powered bus and one fuel cell-powered bus to be used in the capital Seoul. The company did not specify how much is to be invested in the electrification of commercial vehicles.
What remains unclear is how the 17 models will be divided between buses of different sizes as well as trucks and vans, and which drive technology Hyundai favours for what segments. In view of the model announcements made in recently, the Koreans appear to be launching the battery variants on the market.
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Hyundai already introduced a battery-electric double-decker bus at the end of May, However, it still is not when and in which countries the new 70-seater will be sold. The battery has a capacity of 384 kWh, which the manufacturer claims is sufficient for a 300-kilometre range.
At the in-house Hyundai Truck & Bus Business Fair in Goyang, north of Seoul, the company presented a battery-powered intercity bus that can travel up to 200 kilometres with one charge on a 128 kWh battery.
Hyundai and the Swiss company H2 Energy (H2E) have established a joint venture called Hyundai Hydrogen Mobility with the goal of opening up the European hydrogen mobility ecosystem with fuel cell trucks. Last week, the world’s largest industrial gases group Linde acquired a ten per cent stake in Hydrospider AG, joining H2 Energy and Alpiq. The hydrogen produced there from the end of 2019 will be used for the first 50 of the 1,600 Hyundai fuel cell trucks.
On the battery-electric front, in order to secure more important materials along the manufacturing chain, Hyundai recently signed up for EV production in Indonesia with its significant nickel and cobalt resources for electric vehicle batteries.