Hyundai Showcases Hydrogen and Electric Excavators at World's Largest German 'Bauma 2022' Expo

Hyundai Heavy Group Intermediate Holding Company Genuine Subsidiaries
Construction Equipment and Hyundai Doosan Infracore, Joint Participation

Photos of equipment that Hyundai Construction Equipment and Hyundai Doosan Infracore will showcase at 'BAUMA 2022,' the world's largest construction machinery exhibition. (Photo by Hyundai Genuine)

[Asia Economy Reporter Moon Chaeseok] Hyundai Genuine announced on the 19th that its affiliates Hyundai Construction Equipment and Hyundai Doosan Infracore will jointly participate in 'BAUMA 2022,' the world's largest construction machinery exhibition. Hyundai Genuine is the intermediate holding company for the construction machinery division of Hyundai Heavy Industries Group.

The two affiliates plan to showcase the latest equipment and technologies, including smart construction solutions, hydrogen fuel cell power packs, electric battery packs, hydrogen and electric excavators, wheel loaders, and dump trucks, at the Bauma exhibition held in Munich, Germany, from the 24th to the 30th. They intend to use the exhibition as a platform to promote their eco-friendly and smart equipment and technologies and to gain recognition for their competitiveness in compact equipment.

It is explained that demand for eco-friendly and compact equipment is steadily increasing in the global construction machinery market. According to the global construction machinery research firm Off-Highway Research, the market share of compact equipment in the European construction equipment market is expected to rise by 8 percentage points from 45% last year to 53% in 2025. Europe is a region with relatively high demand for eco-friendly equipment due to very strict exhaust emission standards related to carbon neutrality.

Hyundai Construction Equipment plans to showcase its 14-ton hydrogen excavator, developed domestically for the first time in 2020, hydrogen fuel cell power pack, and 1.8-ton mini electric excavator at the exhibition. They will also set up a 'HYUNDAI CONNECT' experience zone to enhance visitors' understanding of unmanned and automation technologies.

Hyundai Doosan Infracore will exhibit a 1.7-ton mini electric excavator scheduled for release next year and an excavator equipped with a hybrid engine. Demonstrations of the unmanned and automation solution 'Concept X' and the smart construction solution 'Xite Cloud' will also be held. The Infracore Engine Division will exhibit an electric battery pack for the first time. The strategy is to expand the engine business, which had been focused on internal combustion engines, into a complex business encompassing electrification solutions to capture the European market, where demand for eco-friendly equipment is high.

The mini excavator strategic models of the two affiliates will also be exhibited together. Hyundai Construction Equipment's HX mini excavator series, which won the main prize at the '2022 Red Dot Design Award,' and Hyundai Doosan Infracore's 2 to 5-ton mini excavators will be displayed. A Hyundai Genuine official said, "The Bauma exhibition is a great opportunity to observe trends in the global construction machinery market," adding, "We will carefully examine our strengths and weaknesses compared to the world's top companies and lead new markets."

The Bauma exhibition is considered one of the world's top three construction machinery exhibitions, along with the US 'Conexpo' and France's 'INTERMAT.' This year marks its 33rd edition, and it is expected to attract over 600,000 visitors.

This content was produced with the assistance of AI translation services.