Hyundai Motor, UK UCL Collaborate on Carbon Neutral Technology Research

Hyundai Motor Company is jointly researching carbon-neutral future technologies with University College London (UCL) in the UK.

On the 22nd (local time), Hyundai Motor announced that it signed an MOU for joint research cooperation in the fields of hydrogen production, fuel cells, and electrification with UCL at Mansion House in London, UK, where the Korea-UK Business Forum was held. The MOU signing ceremony was attended by key figures from both sides, including Visit Minister of Trade, Industry and Energy Bang Moon-kyu, UK Secretary of State for Business and Trade Kemi Badenoch, UCL President Michael Spence, and Hyundai Motor Vice Chairman Kim Dong-wook.

Located in London, UK, UCL is a prestigious research-focused university that has produced dozens of Nobel and Fields Medal laureates. In particular, UCL leads in hydrogen-related technologies and recently established the 'Next Generation Propulsion Research Institute' to strengthen its research capabilities in automotive electrification.

Hyundai Motor will jointly research future mobility technologies to achieve carbon neutrality in hydrogen production, fuel cells, and electrification with UCL. It is especially expected that research cooperation on advanced materials, fundamental, and core industrial technologies will be possible.

Jang Jae-hoon, President of Hyundai Motor, said, "Through joint research with UCL, an excellent research-focused university in the UK, we will accelerate technological innovation in hydrogen production, fuel cells, and electrification," adding, "We hope this cooperation will contribute to achieving carbon neutrality in the transportation sector pursued by both Korea and the UK."

Michael Spence, President of UCL, also responded, "Going forward, through joint R&D with Hyundai Motor, a global leader in the mobility sector, we will combine Hyundai Motor's technological capabilities with UCL's world-class engineering research capabilities to accelerate technological innovation in this field."

On the 22nd (local time), Hyundai Motor Company signed a joint research cooperation MOU with University College London in the fields of hydrogen production, fuel cells, and electrification. (From left in the photo) Kemi Badenoch, UK Secretary of State for Business and Trade; Angharad Milenkovic, UCL Vice-Provost; Nigel Titchener-Hooker, Dean of UCL Faculty of Engineering; Michael Spence, UCL President; Kim Dong-wook, Vice President of Hyundai Motor Company; and Moon Seong-gyu, Minister of Trade, Industry and Energy, are posing for a commemorative photo at the MOU signing ceremony. [Photo by Hyundai Motor Group]

Hyundai Motor has declared '2045 Carbon Neutrality' and is striving to reduce carbon emissions across the entire value chain, including its products. Starting with Europe in 2035, it plans to sell only zero-emission electrified vehicles in major markets by 2040. By 2045, it aims to replace 100% of the electricity demand at its global business sites with renewable energy.

Additionally, it is actively promoting activities to build a hydrogen ecosystem. Hyundai Motor, which commercialized the world's first hydrogen fuel cell electric vehicle (FCEV), is planning a 'Hydrogen Business Toolbox' in collaboration with various affiliates of Hyundai Motor Group.

The Hydrogen Business Toolbox refers to a hydrogen business model where the entire lifecycle is organically connected, covering everything from hydrogen production to the application of eco-friendly parts such as green steel to achieve carbon neutrality in the supply chain, the introduction of eco-friendly logistics systems utilizing hydrogen energy, and the sale of hydrogen fuel cell vehicles. Hyundai Motor plans to apply the Hydrogen Business Toolbox at its dedicated electric vehicle plant (HMGMA) currently under construction in Georgia, USA.

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