The Hyundai Motor Group intends to develop hydrogen fuel cell versions of all its commercial vehicle models constantly 2028, with the firm additionally hoping to present a “next generation fuel-cell system” in 2023.

In a declaration Tuesday, the South Korean automotive giant said its goal was to “achieve a fuel cell vehicle price point comparable to a battery electric vehicle by 2030.” This desire applies to both traveler vehicles and commercial vehicles.

The Seoul-headquartered group has many years of involvement with the area, having fostered its first fuel-cell electric vehicle in 1998. All the more recently, it launched the XCIENT Fuel Cell, a heavy-duty truck, in 2020. A fuel-cell SUV, the NEXO, was launched in 2018.

On the fuel-cell front, Hyundai said its next generation system would come in 100 kilowatt and 200 kilowatt versions “with costs being lowered by more than 50%, total package volume reduced by 30% and power output doubled.”

Depicted by the International Energy Agency as a “versatile energy carrier” hydrogen has a diverse range of applications and can be deployed in sectors like industry and transport. Fuel cells harness the chemical energy of hydrogen to produce electricity, which then, at that point powers the vehicle.

While there is a great deal of talk about the capability of hydrogen fuel cell vehicles, there are likewise various obstacles the technology needs to survive in case they are to form into a mainstream option for drivers.

The U.S. government, for example, has refered to various difficulties. These reach from the sturdiness and unwavering quality of power modules to vehicle cost. “The current infrastructure for producing and getting hydrogen to consumers cannot yet support the widespread adoption of FCVs,” it adds.

In spite of the abovementioned, Hyundai is one of a few huge organizations hoping to develop hydrogen fuel cell offerings for street transport.

In June, the BMW Group said it had begun to test vehicles that utilization a hydrogen energy unit drivetrain. It portrayed hydrogen fuel cell tech as having the “long term potential to supplement internal combustion engines, plug-in hybrid systems and battery-electric vehicles.”

That same month saw Jaguar Land Rover declare it was working on the prototype of a hydrogen fuel cell electric vehicle.

The organization, which is owned by Tata Motors, said fuel cell electric vehicles were “complimentary to battery electric vehicles … on the journey to net zero vehicle emissions.”

Different businesses to have dipped into the hydrogen fuel cell market incorporate Toyota and Honda, while more modest firms, for example, Riversimple are likewise dealing with hydrogen-powered vehicles.