HCE to develop “Hydrogen Fuel Excavators” with Hyundai Motors
Ulsan, South Korea. Hyundai Construction Equipment recently decided to join forces with Hyundai Motor Group to develop the world’s first hydrogen-powered construction equipment. Last February, Hyundai Construction Equipment signed a Memorandum of Understanding (MOU) regarding the joint-development of hydrogen fuel cell construction equipment with Hyundai Motors and Hyundai Mobis at its Mabuk Research Center in Yongin-si, Gyeonggi-do. Together, the three companies will look to develop hydrogen-powered forklifts and medium/large-capacity hydrogen-powered excavators over the next few years.