Hyundai & Advent Technologies Sign Deal to Develop Advanced Fuel Cell Technology

Hyundai Motor Company has announced a successful technology assessment with Advent Technologies Holdings, Inc., a US-based fuel cell and hydrogen technology developer. Under the agreement, the two companies will work together to evaluate Advent's advanced fuel cell technology for Hyundai's heavy-duty and/or stationary application.

Advent's proprietary Membrane Electrode Assembly (MEA) technology was assessed for for supplying Hyundai’s high-temperature fuel cell needs.

Following its success, the two companies have entered into a Joint Development Agreement (JDA).

Advent will also work closely as Hyundai evaluates stack cooling technologies and ensure optimal performance under different operating conditions.

Advent Technologies Holdings, Inc. is a US corporation that develops, manufactures, and assembles complete fuel cell systems as well as supplying customers with critical components for fuel cells in the renewable energy sector.  

Seung Hyun Hong, Vice President and Head of the Material Research & Engineering Center at Hyundai Motor Company, says: “Hyundai is delighted to move into the next step of its collaboration with Advent, a leading company in the HT-PEM space. The Ion Pair™ HMC-Advent MEA, forming the heart of the fuel cell, will be developed by combining the HT-PEM know-how and material technology of both parties. It will prove Hyundai’s high-temperature driven material technical expertise and play a key role in our decarbonization goal and develop best-in-class high-temperature fuel cells, unlocking a key step for more widespread adoption of fuel cell technology in high-temperature applications."

Dr. Vasilis Gregoriou, Chairman and CEO of Advent Technologies, adds: “The Advent team worldwide is proud and excited to enter into the next phase of a highly promising collaboration with Hyundai, with today's JDA signing at our Hood Park facility in Charlestown, MA. Through this collaboration, we aim to accelerate the shift towards sustainable energy and help shape a cleaner, more efficient future by assisting Hyundai in bringing its future mobility strategy to life. With our common goal to decarbonize heavy-duty transport, we are committed to contributing to Hyundai’s goal of building innovative, high-performance fuel cell solutions that will make a significant impact in reducing greenhouse gas emissions.”

Hyundai aims to accelerate the establishment of a hydrogen-based society based on its vision, Progress for Humanity, and this JDA aligns with that vision.