Kia Corporation and Hyundai Motor
Company signed a memorandum of understanding with Next Hydrogen Corporation, to
jointly develop an alkaline water electrolysis system for generating green
Next Hydrogen Corporation is a
Canadian company specializing in water electrolysis technology and a subsidiary
of Next Hydrogen Solutions Inc. The agreement will work to usher in a global
hydrogen society through cost-effective production of clean hydrogen. Under the
agreement, the companies will also explore new business opportunities and
It is expensive and time consuming to
produce clean hydrogen. Due to this reason, Kia, Hyundai Motor and Next
Hydrogen are looking to improve the price competitiveness of clean hydrogen in
consideration of regional climate and environmental characteristics.
Among the various methods of water electrolysis,
the alkaline water electrolysis system is regarded as technologically one of
the most rigorously tested and proven means with a long track record of
research and development. Also, it has the advantage of being able to produce
large-scale hydrogen and using relatively inexpensive catalysts, making
facility costs low.
The aim is to advance
stack-related technologies that are at the core of the alkaline water
electrolysis system to reduce the cost of building the system and
maintaining/operating the system.
Kia and Hyundai Motor will also
oversee the test performance of the new stack. A pilot test is planned for next
year, and the companies will also explore potential technological applications
and commercial arrangements.
Kia is a global mobility brand with a
vision to create sustainable mobility solutions for consumers, communities, and
societies around the world. Founded in 1944, Kia has manufacturing facilities
in six countries, the company today sells around three million vehicles a year.
Source: Kia Press Release
Image Source: Kia Press Release