Hyundai Motor's HTWO Guangzhou, Air Liquide China Team Up for Hydrogen Mobility Business

MT Newswires Live11-09

Hyundai Motor Group's HTWO Guangzhou will partner with Air Liquide China for the hydrogen mobility segment in China, according to a Monday statement.

In the partnership, HTWO Guangzhou leads the research and development, production and sales of hydrogen fuel battery systems, which will be tailored to the Chinese hydrogen commercial vehicle market.

The company also plans to grow its business areas into hydrogen logistics and commercial vehicles.

Meanwhile, Air Liquide China is in charge of hydrogen production, storage, transportation and infrastructure construction.

HTWO Guangzhou is Hyundai Motor Group's first offshore hydrogen fuel battery system production base, while Air Liquide China is a subsidiary of French gas company Air Liquide.

Hyundai Motor Group's automotive affiliates include Hyundai Motor (KRX:005380) and Kia (KRX:000270).

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