Current Status of Hyundai

FCEV Development

A Global Agreement on the Reduction of Climate Change

A goal of limiting global warming to less than 2°C compared to pre-industrial levels

The automotive industry is facing changes and challenges

COP21, PARIS 2015

Global Forecast

Many countries will focus on lower carbon energy resources Duty rate sales and purchasing support policies for expanding the green car market

Fuel Economy Regulation USA, ZEV*

◎ Target

- CA: 1.5 million vehicles by 2025

- It has been adopted by 10 states

(California, New York etc.)

< Duty Rates>

CHINA, New Energy Vehicles

PHEV BEV FCEV

AER 50 ~ 250

~350 350 ~

250 ~350

350 ~

Weight 2 3.8 ~ 6 5 ~ 6 4 5

Year 2018 2019 2020

Case #2 8% 10% 12%

※ Sales ≥ 50,000 unit/year

Avg. Regulation (CAFÉ) ◎ The Plan set a sales target

- 500,000 vehicles by 2015

- 5 million vehicles by 2020

◎ NEV account for more than 30%

of annual new vehicle purchases of central

government, public institutions

◎ NEV Credit

◎ Duty Rate of sales

CO2 Regulation

CO2 / Fuel Economy Regulation

Fuel Economy Regulation

Global Green Car Market Forecast and Strategies

Many countries will focus on Eco- Friendly Vehicles

Responding to changes in the lineup of Global OEMs as the Policy Strengthens

COUNTRIES

NORWAY NETHERLAND

Combustion Vehicles selling will not be allowed until 2025

FRANCE UK

Diesel Vehicles selling will not be allowed until 2040

CHINA The green energy car is the essential path to be the Chinese automobile industry transforms

KOREA Planning to ban Diesel Vehicles until 2030

OEMs

Volvo Volvo to use electric motors in all cars from 2019 (’17. 7. 5)

Volkswagen Volkswagen to offer 30 All-Electric vehicles By 2025(’17. 3. 6)

Toyota Toyota aims to eliminate gasoline cars by 2050 (’15. 10. 14)

Hyundai Hyundai will be producing 31eco-friendly vehicles by 2020 (’17. 8. 17)

HMG Green Car Line-up Strategy

Green Car Strategy

Fuel economy improvement (New engine & T/M technologies, Weight reduction)

Hybridization : Combustion + Electrification (HEV, Plug-in HEV)

Electrification : Hydrogen & Electricity (FCV, BEV)

HMG Green Car Line-up History

’11.1 BlueOn EV

’09.7 Avante HEV

’11. 5 Sonata HEV

’13. 2 Tucson ix FCV

’15.7 Sonata PHEV

’16 IONIQ HEV/EV/PHEV Next Gen. FCV Long Range EV

’14.4 Soul EV

1st

2nd

3rd

3rd Generation (’16~)

Development of All Four Types of Green Cars

Leadership in the future technology

3rd generation : Dedicated FCV model, Long driving range EV

EPA has certified as the highest fuel efficient car among all non-plug-in cars sold in U.S.

EPA has certified as the most energy efficient car among all cars sold in U.S.

HMG Green Car Development Status

IONIQ HEV / EV : Most Fuel-Efficient Vehicle (U.S. *EPA ratings) *EPA : Environmental Protection Agency

2025 38 2

Future Energy Scenario

Hydrogen : Energy Carrier, Flexibility of Production and Usage

Renewable energy: Pollution-free but Energy Imbalance Issue

※ Source : Jan. 2017. Hydrogen Council “How hydrogen empowers the energy transition”

Passenger vehicle

Cost Parity : Fuel cell vehicle & Electric vehicle C

ost

(Wo

n)

Range (km)

(Equivalent range)

0 200 400 600 800 1,000 0 100 200 300 400 500

(Equivalent range)

Competitive advantage in long range (commercial vehicles)

Short charging time (Passenger vehicle: 5mim, Commercial vehicle: 20min)

Co

st(W

on

) Range (km)

Battery System

Fuel cell System

Battery System

Fuel cell System

HMG FCV Road Map

•

Fuel Cell System Fuel Cell System

•

•

•

•

•

•

Fuel Cell System

World 1st Mass-produced Tucson FCV (’13.2)

Fuel cell system modularization

Next Generation FCV Launching (’18)

Expansion of FC vehicles : BUS, Truck, Taxi, etc.

Development of Tucson ix FCV

- Compact system - Cold start at -20oC

Copenhagen (1st delivery) North America

Australia Europe

- Dedicated assembly line

Worldwide Deployment

Deployed in 18 countries since 1st delivery to Copenhagen (2013)

Max. speed 160kph / *Driving range 594km / 700bar hydrogen system

Dedicated FCV assembly line in Ulsan Hyundai factory

Safety of Tucson FCV

<4 sec, 60VDC

ECE* R94.02: 56kph, 40% offset

Electrical & Hydrogen Safety

Crash test : High voltage safety and no hydrogen leakage

Electrical safety : After collision 60V or less within 4 seconds (standard within 60sec.)

Awards of Tucson FCV

Global Awards

2015 Awarded WARD’s 10 Best Engine (’15.1)

Fuel Cell Taxi / Car-Sharing

Taxi : Paris (’15.12 ~) / Ulsan (’16.12 ~)

During the year and a half in Paris, 100,000 passengers were on 37 FCV Taxis.

Car-Sharing : Munich (’16.6 ~) / Gwangju (’17.3 ~)

Hyundai’s Fuel Cell Buses

generation Fuel Cell Bus (2009)

Next Generation Fuel Cell Bus (~2020)

Demonstration (@ Ulsan) : Ceremony 26. Oct. 2017

Early this year operation for city line

Hydrogen Council

Hydrogen Council

28 global industry leaders join together in promoting hydrogen

Global leaders gathered (at COP 23 in Bonn), Announce first globally quantified vision

< “Hydrogen Council” launches in Davos (’17.1) >

<Newly appointed co-chairman of the Hydrogen Council, ’17.11/13 >

New Generation Fuel cell Vehicle

NEXO, 넥쏘

System Efficiency 60% High efficiency of core parts : Stack, Motor and *BOP of fuel cell

Cutting edge technology : Air foil bearing typed air compressor,

No hydrogen recycle pump

NEXO, 넥쏘

Driving Range *800 km ↑ (Single charging)

Hydrogen utilization improvement

Hydrogen storage capability ↑

NEXO, 넥쏘

Max. Power 120 kW Stack + Battery → Motor

Vehicle performance improvement : Acceleration performance, Max. speed

NEXO, 넥쏘

-30 ℃ Cold Start up World-class FCV cold start ability

Start up time around 30sec

NEXO, 넥쏘

Durability 160,000 km / 10 years Same level of internal combustion engines

NEXO, 넥쏘

World-class Hydrogen Tank Storage Density : 5.7 wt.% Cost reduction : Low cost conventional carbon fiber

Sizable trunk : Full flat trunk floor design by tank system optimization

Air Cleaning Effect

Purify 99.9% of particulate matter, fine dust and air pollutants

Effects of FCV

Air Cleaning

Power production

Emergency power supply

Power supply (V2H)

Charging for EV, PHEV

Effects of FCV

Converter

*V2G : Vehicle To Grid *V2G Technology : Power Grid Stabilization FCV : Supply ~10kW of electric power

EV & PHEV charging / Emergency power supply

100,000 FCVs : Equivalent to a nuclear power plant (~ 1GW)

NEXO Introduction