
Hyundai Motor India Limited (HMIL), a leading smart mobility solutions provider, has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Ltd., the country’s largest energy company, to explore the feasibility of Hydrogen Fuel Cell Electric Vehicles (FCEVs) for widespread use in India.
As part of this collaboration, HMIL has handed over a Hyundai NEXO—its flagship hydrogen FCEV—to Indian Oil for real-world testing under Indian driving conditions. Over a two-year trial period, the vehicle will cover approximately 40,000 km, allowing both companies to evaluate its durability, operational reliability, and overall performance.
The study will also include a comprehensive Total Cost of Ownership (TCO) analysis, covering aspects like maintenance and running costs. The insights gained from this initiative will help assess the economic and environmental viability of integrating hydrogen-powered mobility solutions into India’s automotive landscape.
Commenting on the MoU signing, Mr. Unsoo Kim, Managing Director, HMIL, said, “As India’s foremost smart mobility solutions provider, it is our firm resolve to innovate with future ready technology. By signing a Memorandum of Understanding with Indian Oil Corporation, a pioneer in India’s energy sector, we aim to combine world-class Hydrogen fuel cell technology with Indian expertise. Together, we seek to unlock the potential of Green Hydrogen as a transformative energy source making it accessible, affordable, and sustainable. We are confident this collaboration will serve as a critical step in demonstrating the potential of hydrogen as an alternate sustainable fuel source in the times to come.”
Commenting on the collaboration, Dr. Alok Sharma, Director (R&D) and Board Member – IndianOil, said, “As India’s largest public-sector energy entity, we at IndianOil are proud to be catalysts in the Government of India’s vision to attain energy security and reduce fossil fuel imports. We believe Hydrogen fuel is a vital component of India’s clean energy roadmap, and fuel cell technology holds immense potential in significantly aiding net carbon neutrality. This collaboration with Hyundai Motor India will enable us to conduct in-depth studies in fuel cell technology and advance efforts towards realizing a greener mobility ecosystem.”
Hyundai’s vision extends well into the future. World around, Hyundai Motor possesses comprehensive propulsion capabilities including ICE, CNG, Flex-Fuel, Hybrid, Electric, and Hydrogen, making it a global force in futuristic and advanced smart mobility solutions. In India, through this collaboration, HMIL and IndianOil aim to foster hydrogen ecosystem, and accelerate a shared journey towards carbon neutrality, energy security and sustainable mobility.
HMIL, as part of its holistic Hydrogen mobility goals, is also executing a strategic partnership with the Indian Institute of Technology Madras (IITM) for developing a state-of-the-art ‘Hydrogen Innovation Centre,’ which is poised to serve as a gamechanger in the field of Green Hydrogen technology, providing a platform for startups and OEMs to test their components and quality. With specialized capability to perform pilot projects, the centre will foster innovation and infinite possibilities.