Ineos and Hyundai to explore fuel cell for Grenadier

The project is part of a wider deal between the two companies to advance the hydrogen economy and develop opportunities across its nascent supply chain. Hyundai’s modular fuel cell system is already in operation onboard its own Nexo SUV, which is claimed to have the longest range of any commercially available hydrogen vehicle. Meanwhile, Ineos currently produces around 300,000 tons of hydrogen each year, largely as a by-product from its core chemical manufacturing business. The memorandum of understanding signed by the companies will facilitate the investigation of synergies as well as the promotion of public and private hydrogen projects.

Ineos Automotive unveil Grenadier 4×4 off-road vehicle

“The agreement between INEOS and Hyundai presents both companies with new opportunities to extend a leading role in the clean hydrogen economy,” said Peter Williams, technology director at Ineos.

“Evaluating new production processes, technology and applications, combined with our existing capabilities puts us in a unique position to meet emerging demand for affordable, low-carbon energy sources and the needs of demanding 4x4 owners in the future.”