The Hydrogen Council, an organization of global automakers led by the Hyundai Motor Group, is going to declare that every hydrogen electric vehicle for transportation purposes will use an environment-friendly fuel from 2030 onwards.
The major global automakers affiliated with the council said that the number of hydrogen electric vehicles in operation will increase by at least five million between now and 2030, promising to work more closely with one another for a paradigm shift.
Hyundai Motor vice chairman and Hydrogen Council co-chair Yang Woong-chul attended the third general meeting of the council on September 13, which is held in conjunction with the Global Climate Action Summit (GCAS) in San Francisco on September 14.
At the GCAS, Yang is expected to disclose the future vision of achieving zero carbon in transportation by producing hydrogen from wind power and solar power instead of fossil fuels.
The third general meeting of the Hydrogen Council is attended by global aviation companies and automakers such as BMW, Audi, Daimler, Toyota, Honda and Airbus.
Hyundai’s hydrogen vehicle technology is regarded as second to none in the world. The company launched the world’s first hydrogen electric vehicle, Tucson ix35, five years ago and the Nexo this year. Also, it recently formed an alliance with Audi for hydrogen vehicle development.
According to the Hydrogen Council and global consulting firm McKinsey, hydrogen is a perfect solution to energy shortage because hydrogen, which has a high energy density, is suitable for public transportation, which is characterized by long fixed routes. The consulting firm predicted in its report that one million to 1.5 million self-driving taxis and up to 700,000 self-driving shuttles will be driving on hydrogen and electric power in 2030 and hydrogen technology can be applied to three million to four million trucks and vans.
The consulting firm also said that 4,000 to 8,000 vertical takeoff and landing planes will be using hydrogen fuel cell systems in 2030. According to the Hydrogen Council, the global hydrogen and hydrogen fuel cell demands will reach at least seven million tons and 6.5 million units until that year, respectively. In the second assembly held in Bonn, Germany in November last year, it estimated the size of the hydrogen industry in the year of 2050 at US$2.5 trillion, adding that at least 30 million new jobs will be created in the industry until then.