Brussels, Belgium - Busworld 2023 in Brussels showcased a new development as Iveco Group N.V. (EXM: IVG) and Hyundai Motor Company (KRX: 005380) introduced the IVECO BUS E-WAY H2.
Why it matters:
The shift to hydrogen fuel cell technology for public transportation underscores the industry's efforts to adopt greener solutions and reduce carbon emissions.
The Key Points:
- The result of a 2022 partnership between Iveco and Hyundai, the E-WAY H2 bus joins Iveco's lineup of vehicles, including battery electric vehicles (BEVs).
- The 12-meter-long bus has a 310-kW electric motor and Hyundai's HTWO fuel cell system. Its energy sources include hydrogen tanks and a 69 kWh battery pack from FPT Industrial.
- Unique features include dual hydrogen refueling and plug-in battery charging options to extend the vehicle's energy storage life.
- The vehicle will be displayed in Hall 4 at Busworld 2023 and produced at Iveco plants in France and Italy.
The Big Picture
As urban centers grapple with environmental challenges, transportation solutions like the E-WAY H2 offer a cleaner alternative.
This collaboration between Iveco and Hyundai, both giants in their fields, underscores the importance and potential of hydrogen-powered transportation.
Launching the bus also demonstrates how partnerships can accelerate the development and release of innovative solutions.
Ken Ramirez, Executive Vice President at Hyundai, commented on Hyundai's continued commitment to hydrogen technology. "The collaboration with the Iveco Group strengthens our push for sustainable solutions," Ken Ramirez said.
Domenico Nucera, President of the Bus Business Unit at Iveco Group, commented on the joint effort. "This project represents our joint efforts to offer transportation solutions that align with environmental objectives," Nucera said.
To provide context, Iveco Group N.V. integrates eight brands, from commercial vehicles to defense equipment, and operates globally, employing more than 35,000 people at various manufacturing and research sites.