Hyundai Motor Co. and Cummins Inc. announced the two powertrain companies have entered into a memorandum of understanding (MoU) to jointly evaluate opportunities to develop and commercialize electric and fuel cell powertrains.
These new powertrains are expected to be developed by combining Hyundai’s fuel cell systems with Cummins’ electric powertrain, battery, and control technologies, Kallanish Energy reports.
The initial development will be focused on the North American commercial vehicle market, including working with North American original equipment manufacturers on the integration of these systems into their vehicles.
The companies will also explore ways they can work together to develop next generation fuel cells, and have each committed to assign a team of individuals to investigate and pursue other areas of collaboration.
“This partnership is a terrific opportunity for both companies to leverage our respective strengths and create new opportunities to grow and broaden the product portfolio we bring to our customers,” said Thad Ewald, vice president, Corporate Strategy, Cummins.
“We’ve made significant investments over the past year to accelerate our fuel cell capabilities … and this partnership is another step forward.”
“With Hyundai’s global leadership in fuel cell systems coupled with Cummins’ unparalleled electrified powertrain technologies, we expect this partnership to leave a mark in the commercial vehicle market,” said Saehoon Kim, vice president and head of the Fuel Cell Group at Hyundai Motor Group.
This partnership provides a springboard for Hyundai Motor Company to increase its presence in the North American commercial vehicle market, and Cummins to enhance its electrified power product portfolio by adding Hyundai’s advanced fuel cell technologies.
The new collaboration may extend beyond the commercial vehicle market, as the companies will also evaluate the development of fuel cell power generators.
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