Hyundai Partners with Indian Oil to Explore Hydrogen Fuel Cell Vehicles
ECONOMY & POLICY

Hyundai Partners with Indian Oil to Explore Hydrogen Fuel Cell Vehicles

Hyundai Motor India (HMIL) has entered into a memorandum of understanding (MoU) with Indian Oil Corporation (IOC) to explore the feasibility of widespread adoption of hydrogen fuel cell vehicles in India.

As part of the collaboration, Hyundai has delivered a Hyundai Nexo, a hydrogen fuel cell electric vehicle, to Indian Oil for real-world testing on Indian roads. The Nexo was first introduced in India at the Auto Expo 2020 and was showcased again at the Auto Expo 2023, underlining Hyundai’s commitment to hydrogen-powered mobility in the Indian market. However, India currently lacks a widespread hydrogen refuelling infrastructure.

The MoU outlines a two-year trial period, during which Hyundai and Indian Oil will assess the Nexo’s performance over an estimated 40,000 km. The trial will also include a total cost of ownership (TCO) evaluation, including maintenance costs, to gain insights into the economic and environmental advantages of hydrogen vehicles in India.

Unsoo Kim, managing director of HMIL, emphasized, “Together, we aim to unlock the potential of green hydrogen as a transformative energy source, making it accessible, affordable, and sustainable. This partnership will play a crucial role in demonstrating hydrogen as a viable alternative fuel in the future.”

Other major Indian automakers, including Tata Motors, Ashok Leyland, and Mahindra & Mahindra, are also exploring hydrogen fuel cell technology. Recently, Tata Motors began trials of India’s first hydrogen-powered heavy-duty trucks, with trials set to last 24 months. Ashok Leyland is developing hydrogen-powered trucks with plans for a commercial launch by October 2026, while Mahindra & Mahindra has been laying the groundwork for future advancements in fuel cell electric vehicles (FCEVs).

Hyundai Motor India (HMIL) has entered into a memorandum of understanding (MoU) with Indian Oil Corporation (IOC) to explore the feasibility of widespread adoption of hydrogen fuel cell vehicles in India. As part of the collaboration, Hyundai has delivered a Hyundai Nexo, a hydrogen fuel cell electric vehicle, to Indian Oil for real-world testing on Indian roads. The Nexo was first introduced in India at the Auto Expo 2020 and was showcased again at the Auto Expo 2023, underlining Hyundai’s commitment to hydrogen-powered mobility in the Indian market. However, India currently lacks a widespread hydrogen refuelling infrastructure. The MoU outlines a two-year trial period, during which Hyundai and Indian Oil will assess the Nexo’s performance over an estimated 40,000 km. The trial will also include a total cost of ownership (TCO) evaluation, including maintenance costs, to gain insights into the economic and environmental advantages of hydrogen vehicles in India. Unsoo Kim, managing director of HMIL, emphasized, “Together, we aim to unlock the potential of green hydrogen as a transformative energy source, making it accessible, affordable, and sustainable. This partnership will play a crucial role in demonstrating hydrogen as a viable alternative fuel in the future.” Other major Indian automakers, including Tata Motors, Ashok Leyland, and Mahindra & Mahindra, are also exploring hydrogen fuel cell technology. Recently, Tata Motors began trials of India’s first hydrogen-powered heavy-duty trucks, with trials set to last 24 months. Ashok Leyland is developing hydrogen-powered trucks with plans for a commercial launch by October 2026, while Mahindra & Mahindra has been laying the groundwork for future advancements in fuel cell electric vehicles (FCEVs).

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code