Didn’t Hyundai just get through hyping their all-new IONIQ EV brand? But now comes word that Hyundai is expanding to become “the smart mobility solution provider.” This revamp of its earlier future outline breaks Hyundai down into three distinct parts. First, there is the development of smart mobility devices. Then, there is the development of smart mobility services. Finally, there is H2. Hydrogen. So, will your next Hyundai be hydrogen cell-powered?
EVs, urban air mobility ecosystems, autonomous driving, and hydrogen fuel cell systems
Hyundai wants to conquer all, and we’re all for it. It wants to be the leader in four main areas; EVs, urban air mobility ecosystems, autonomous driving, and hydrogen fuel cell systems. With the announcement of the IONIQ EV brand, it plans to have three new EVs over the next four years. The IONIQ-5, IONIQ-6, and IONIQ-7 will be plying the highways, with the 5 set for release next year.
Hyundai, for its part, wants EVs across its lineup by 2040. That’s probably a good idea seeing as how many cities and countries have already set the next ten to twenty years for internal-combustion bans. It already offers hydrogen-powered vehicles with its Nexo and Xcient fuel-cell semi-truck.
Within the last year, Hyundai also announced its intention to develop aerial vehicles starting with a hybrid cargo vehicle in 2026 and then its EV sibling in 2028. Having worked quietly over the last 20 years in fuel cell technology, it is now introducing its hydrogen brand it calls HTWO. “With HTWO, Hyundai Motor Group is stepping up efforts for the development of a next-generation hydrogen fuel cell system that can be applied to various forms of mobility such as UAM, automobiles, vessels, and trains,” Hyundai said in an announcement.
“Hyundai aims to offer a highly efficient and diversified lineup of hydrogen-powered vehicles”
“Not only will the next-generation fuel cell system be available for many different mobility products and services, but it will also deliver enhanced performance and durability at an affordable price in a lighter architecture with enhanced energy density. With its next-generation fuel cell system, the group aims to offer a highly efficient and diversified lineup of hydrogen-powered vehicles.”
It is focused on keeping its products affordable, while also with an eye toward the environment. Hyundai wants to arrest its carbon footprint as it moves forward with manufacturing and technology. But let’s not forget that Hyundai is not the only company that has delved into hydrogen propulsion. Of course, Toyota, Mercedes, and Volvo have all worked on developing hydrogen-powered vehicles. All of this is expected to set Hyundai back $55 billion. So it is ambitious from both a technology and capital aspect.