TEMPO.CO, Jakarta – Hyundai signed an initial contract of cooperation with Commonwealth Scientific and Industrial Research Organization (CSIRO) and Fortescue Metal Group Ltd. (FMG) in an effort to produce electric cars using hydrogen fuel.
Hyundai said they were collaborating in developing a technology to extract hydrogen from ammonia to fuel electric cars.
Quoted Antara from Yonhap on Friday, August 21, 2020, Hyundai, CSIRO, and FMG will use a metal membrane developed by CSIRO to extract hydrogen and deliver it in the form of liquid ammonia to the global market.
In 2018, the Hyundai Motor Group announced plans to invest 7.6 trillion Won (6.4 billion US dollars) for a production facility of at least 500,000 hydrogen cars by 2030.
For passenger vehicles, Hyundai has sold 9,228 Nexo hydrogen cars, consisting of 7,533 units domestically and 1,695 units in the global market, from 2018 to June 2020.
The South Korean government encourages the use of hydrogen as the main energy source for cars or hydrogen car. Car makers are also racing to be environmentally friendly amid emissions regulations to reduce global warming.
Hydrogen fuel cells give off water vapor and convert stored hydrogen into electricity to drive electric car motors.