Hyundai Motor Company, thanks to an investment in Germany’s Hydrogenious LOHC Technologies GmbH, plans to deploy and market liquid organic hydrogen carrier (LOHC) technology. The joint marketing and business-development activities will initially focus on South Korea.
After an initial phase, both parties plan to extend the cooperation and to merge with Hyundai's hydrogen activities in Europe. Hyundai is a driving force for the buildup of hydrogen refueling infrastructure in both Asia and Europe. The South Korean company considers LOHC a promising technology for hydrogen logistics and storage at refueling stations.