Hyundai Motor appointed to lead Hydrogen Council

Hyundai is appointed to lead the Hydrogen Council. Hyundai Motor Co. Vice Chairman Yang Woong-chul is also appointed as chairman of the board consisting of 28 members. Woong-chul and Air Liquide CEO Benoit Potier succeed Toyota Motor Corp's chairman, Takeshi Uchiyamada, to lead the hydrogen league.

Tinuku Hyundai Motor appointed to lead Hydrogen Council

Hyundai Motor on Tuesday announced it will lead the Hydrogen Council, a business-world coalition to promote hydrogen as a future energy source, during the World Economic Forum 2017 in Davos. The board is a global company association that develops hydrogen fuel cells.

The Hydrogen Council expects about 10 to 15 million cars and 500,000 trucks by 2030 using hydrogen fuel. Clean energy is used in other industries including raw materials, heating, power generation and storage. Hyundai Motor urges industrialists and policymakers to join in spreading the hydrogen solution.

"Hyundai Motor Co has been leading the way in the automotive and hydrogen technology sectors also serving the needs of other industries. We are asking governments and investors to continue long-term plans to develop vital infrastructure of hydrogen energy utilization," Woong-chul said.

The use of hydrogen will reduce up to 6 billion tonnes or one fifth of the global carbon emissions needed to limit global warming to safe levels by the middle of the century. The Hydrogen Council was initiated by Toyota and Air Liquide in January after a series of global lobbying.

It currently has 28 members including Audi, BMW, Daimler, Honda, Hyundai, Shell and Total. The council said the two-degree limit of the century approved by governments in Paris by 2015 should reduce energy-related carbon emissions by 60 percent by 2050.