- Mr. Li Heyuan, President of Hyundai Motor Group (China), attended the 2022 Boao Forum for Asia Forum for Chinese and Foreign Entrepreneurs and delivered a speech on the development of Hyundai Motor Group in China
- The future development potential of hydrogen energy has once again aroused heated discussion, and Hyundai Motor Group, as a leader in the hydrogen energy industry, has laid out the hydrogen energy market in China in advance
- Hyundai Motor Group is deeply involved in the Chinese market and actively explores cooperation possibilities with the government and energy companies to help the development of China's hydrogen energy industry
Recently, Mr. Li Heyuan, President of Hyundai Motor Group (China), attended the 2022 Boao Forum for Asia Forum for Chinese and Foreign Entrepreneurs and made a speech on the development of Hyundai Motor Group in China. During his trip to Boao, Hainan, President Li Heyuan also had an in-depth discussion with Feng Fei, Governor of Hainan Province, and Ma Yongsheng, Chairman of Sinopec Group, on the possibility of cooperation in the field of hydrogen energy.
President of Hyundai Motor Group (China) Lee He-hee
"This year marks the 30th anniversary of the establishment of diplomatic relations between China and South Korea. China and South Korea are important partners in the field of economic and trade exchanges, and Hyundai Motor Group's investment confidence in the Chinese market has never wavered. "Following the investment of RMB 8.5 billion in Guangdong Province last year to build the first hydrogen fuel cell base overseas, we have recently worked with Our Chinese partners to increase the capital of two joint ventures in China by a total of RMB9.8 billion." In the future, we will continue to deepen the Chinese market and contribute to promoting the economic and trade development of the two countries! ”
Hydrogen energy officially debuted as a "new oil"
On March 23, the "Medium- and Long-term Plan for the Development of Hydrogen Energy Industry (2021-2035)" was officially released. The plan has made an overall design and active deployment for the development of hydrogen energy in the mainland, and clearly put forward that hydrogen energy is an integral part of the future national energy system, and to give full play to the supporting role of hydrogen energy in carbon peaking and carbon neutrality goals, all localities should lay out the hydrogen energy industry according to local conditions. For a time, the discussion on the future development of the hydrogen energy industry was endless. At the Boao Forum, hydrogen energy appeared as a "new oil", which once again triggered heated discussions. A sub-forum on "Establishing the Relationship between Supply and Demand of Green Hydrogen Energy" was set up on this topic, and major enterprises in the field of hydrogen energy conducted in-depth exchanges and discussions on the development significance of green hydrogen, the economy of green hydrogen, hydrogen storage and green hydrogen application and green hydrogen trading.
At the Boao Forum, hydrogen energy appeared as a "new oil", which once again triggered heated discussions
As a pioneer in the hydrogen energy industry, Hyundai Motor Group set up a fuel cell development department as early as 1998, and through more than 20 years of deep cultivation, it has become a globally recognized top technical strength. Since the launch of the world's first mass-produced hydrogen fuel cell vehicle, Hyundai Motor ix35 FCEV in 2013, Hyundai Motor Group has continued to expand the lineup of fuel cell system power models, and has successively launched hydrogen fuel cell SUV NEXO, hydrogen fuel cell bus ELEC CITY Fuel Cell and hydrogen fuel cell heavy truck XCIENT Fuel Cell, and has formed a full product lineup of "taking both passengers and businesses". In addition to products, in order to accelerate the arrival of the hydrogen energy society, Hyundai Motor Group has also reached strategic cooperation with a number of hydrogen energy, energy and logistics companies around the world based on the exclusive brand of hydrogen fuel cell system HTWO, and has carried out a refined layout in the whole industrial chain of hydrogen energy.
Deep ploughing in the Chinese market to help the development of China's hydrogen energy industry
As the world's second largest economy and a major emitter of greenhouse gases, with the "double carbon" goal proposed, it is imperative for hydrogen energy to be popularized. Hyundai Motor Group has actively laid out the Chinese market in advance with its rich experience in the Korean and European markets. In December 2019, Hyundai Motor Group signed a Memorandum of Understanding (MOU) with the Guangdong Provincial Government, and construction of "HTWO Guangzhou" began in March 2021. It is expected that after the official completion and commissioning in the second half of this year, "HTWO Guangzhou" will achieve an annual output of 6,500 sets of hydrogen fuel cell systems, plans to expand the supply of the world's leading hydrogen fuel cell systems to the automobile, generator, ship, train and other industries, and will expand production and supply capacity in a timely manner according to the Needs of the Chinese market and policies. At the same time, Hyundai Motor Group also plans to officially introduce the nexo version of the first hydrogen fuel cell SUV that complies with Chinese regulations into China this year, and has now taken the lead in Obtaining a New Energy License and Driving on the Road in Beijing.
Hyundai Motor Group plans to officially introduce the NEXO Chinese version of the hydrogen fuel cell SUV to China this year, and has now taken the lead in Obtaining a New Energy License and Driving on the Road in Beijing
The cultivation of a new industry requires a process, and the same is true for hydrogen energy development, and hydrogen energy infrastructure construction is an important part of the "0 to 1" development of this industry. At present, Sinopec has taken hydrogen energy as an important focus of the company's transformation and development, and put forward the goal of building China's first hydrogen energy company. It will gradually build a comprehensive refueling station of "oil and gas hydrogen electric service", and plan to build 1,000 hydrogen refueling stations or oil-hydrogen joint construction stations by 2025 by taking advantage of the layout of the original 30,000 gas stations and 870 gas stations.
On the 20th, President Li Heyuan met with Ma Yongsheng, chairman of Sinopec Group Corporation, during the Boao Forum, and the two sides conducted in-depth exchanges on solving the construction of hydrogen energy infrastructure and building the layout of the whole industrial chain of Hydrogen energy applications in China.
Industry insiders believe that the unique geographical location of Hainan, where the Boao Forum is held, has abundant natural gas and wind energy resources, and the development of hydrogen energy industry has unique conditions, and hydrogen energy is also one of the important answers for Hainan to build a clean energy island. During the Boao Forum, President Li Hejun and Hainan Governor Feng Fei met on the 21st. During the meeting, Governor Feng Fei introduced the development status of Hainan's new energy industry and its demonstration projects in hydrogen energy application, especially mentioning the feasibility of hydrogen energy ship demonstration operation in the Qiongzhou Strait.
President Li Heyuan praised Hainan's superior ecological environment and the good situation of vigorous development of the free trade port, and said: "Hyundai Motor Group has been actively laying out hydrogen energy undertakings in the global scale for a long time, and hopes to jointly explore and promote the development of hydrogen energy industry with Hainan Province, carry out substantive exchanges and cooperation in the field of new energy vehicles, and achieve win-win cooperation." ”
Hyundai Motor Group (China) President Li Heyuan met with Feng Fei, Governor of Hainan Province
According to the Boao Forum for Asia's report Sustainable Asia and the World – Green Transition Asia in Action, the three drivers of green transition are mainly green financing, green technology, and the actions of Asian companies to address climate issues. Hyundai Motor Group is practicing green transformation with practical actions, on the occasion of the 30th anniversary of the establishment of diplomatic relations between China and South Korea, for the most important Chinese market, Hyundai Motor Group will continue to promote the best technology, the latest products and the best services to China with NEXO China and "HTWO Guangzhou" as the starting point, and actively expand partners to help China accelerate into the hydrogen energy society, and will continue to deepen the Chinese market and contribute to the economic and trade development of the two countries.