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Hyundai Motor India Limited (HMIL) has signed a memorandum (MoU) with the Indian Oil Corporation to assess the feasibility of hydrogen fuel electric vehicles (FCEVs) for massive use in India. As part of the agreement, HMIL has handed over a Hyundai Nexo FCEV to Indianoul for an on-road trial.
Real world testing and cost assessment
Over a period of two years, both organizations will test to examine the operational reliability and durability of hydrogen-operated vehicles under Indian driving conditions. The study is expected to cover a distance of 40,000 km. In addition, the total cost (TCO) of ownership will be evaluated to evaluate running and maintaining maintenance costs under simulated private use scenarios.
Commenting on HMIL Managing Director, UNSO Kim, HMIL said, “As India’s first smart mobility solutions provider, it is our firm resolve to innovate with the future ready technology. By signing a memorandum with the Indian Oil Corporation, a leading, Indian expertise is aimed to combine the world -class hydrogen fuel technology with a leading, Indian expertise.”
“Together, we want to unlock the ability of green hydrogen as a transformational energy source, making it accessible, inexpensive and durable. We are confident that this cooperation will serve as an important step in displaying hydrogen capacity as an alternative permanent fuel source in the coming time,” he said.
Alok Sharma, Director (R&D) and Board Member, IndianOil said, “As India’s largest public sector energy unit, we are proud to achieve energy security in Indian and to reduce fossil fuel imports in India’s vision to be catalyst in government. We are an important component of hydrogen fuel. We are an important component of hydrogen fuel. Enable the Indian Institute of Technology Madras (IITM) to establish a hydrogen innovation center in parallel, in parallel. This feature will be used to support research and pilot projects and to work as a test forum for startups and vehicle manufacturers working in hydrogen mobility.