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CEO Investor Data launched ‘Strategy 2050’ … Add hydrogen solution
Introducing ‘HTWO’ Hydrogen Fuel Cell Brand, Promoting Global Business
Hyundai Motor Company celebrated ‘CEO Investor Day’ online on the 10th, introduced a new ‘Strategy 2025’ that added hydrogen (H2) solutions to the future business strategy announced last year, and announced strategies to secure leadership in the hydrogen ecosystem. .
The core of this commercial announcement is to move away from the traditional manufacturing industry, switch to a smart mobility solutions company, and present a vision for future mobility by adding a new hydrogen solution.
In particular, in the hydrogen (H2) solutions business, which is a lynchpin of Hyundai Motor’s new business structure, it plans to secure the group’s hydrogen ecosystem initiative by advancing fuel cell system technology from hydrogen and expanding the business beyond the development of hydrogen fuel cell vehicles.
In addition to simply partnering and selling hydrogen fuel cell systems with other automakers, we plan to become the core of replacement for existing internal combustion engines in all areas of transportation such as ships, trains, and UAMs. It focuses on the development of the equipped hydrogen fuel cell system.
Lee Won-hee, President of Hyundai Motors, explained: “Through this CEO Investor Day, we introduced Hyundai’s core future competitiveness of electric vehicles, UAM, hydrogen fuel cell systems and autonomous driving strategies, thereby providing a place to confirm the direction of future technology strategy. ” did.
To this end, Hyundai Motor Company introduces the world-class hydrogen fuel cell system brand ‘HTWO (H2)’, which has the best technology in the world and accelerates the global business and the expansion of the hydrogen ecosystem.
‘HTWO’ is the molecular formula (H2), which stands for hydrogen, and expresses the two main axes of the hydrogen fuel cell business: hydrogen and humanity. Through this, the will to provide significant value to humanity beyond mere energy. I put it.
In recent years, hydrogen energy has been recognized as an optimal solution to complement the limitations of renewable energy and promote a better life for humanity based on its strengths in energy conversion, storage and transport.
Consequently, Hyundai Motor Company has already endeavored to develop a hydrogen fuel cell system 20 years ago, and as a result, Nexo’s domestic sales of 10,000 units, including the world’s first mass-produced hydrogen electric vehicle, and the entry of the Exient hydrogen electric truck in the European and Middle Eastern markets, etc. .
With the launch of the ‘HTWO’ brand this time, Hyundai Motor Company aims to seriously expand its business, focusing on four main bases in Korea, Europe, the United States and China, and through this, it aims to sell 700,000 fuel cells. hydrogen to market in 2030.
Hyundai Motor Company is driving the development of a next generation hydrogen fuel cell system that can be applied to future green mobility such as cars, ships, trains and UAMs, based on improved performance, durability and reasonable price.
In addition, he plans to build an efficient product line by developing a high-power, high-durability system with improved performance and durability, and a high-density, lightweight system with higher production density, and through this, he plans to focus on creating business opportunities in various fields.
On the other hand, Hyundai Motor Company also revealed its medium and long-term financial goals for 2025, including △ investment of 60 trillion won △ securing 8% of the operating margin of the automobile division △ achieving a global market share of 5 %.
To strengthen the competitiveness of existing companies and secure future business capabilities, a total of KRW 60 trillion will be invested by 2025, which represents a slight decrease from the KRW 61 investment plan.
Specifically, investment to strengthen existing business competitiveness has slightly decreased to 36 trillion won due to factors such as reduced investment costs and investment in internal combustion engines due to Corona 19, but investment to secure business capabilities future has risen to 2.3 trillion won. . In particular, due to the large-scale promotion of the hydrogen business and the expansion of the electrification line, investments related to the electrification and hydrogen business increased significantly from 1.04 trillion won last year to 14.9 billion won. won.
In particular, in the case of future new businesses, △ Platform-based mobility services business △ Preparation for autonomous driving commercialization business △ Establishment of hydrogen business base △ UAM, robotics, PBV (Specially built vehicle, mobility based on a purpose), etc. The policy is to focus on building a foundation that can be created.
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