Farnborough Air Show, United KingdomRolls-Royce and Hyundai Motor Group today announced their plans to work together to bring full-power propulsion and hydrogen fuel cell technology to the Advanced Air Mobility Market (AAM). The partnership will leverage Rolls-Royce’s aviation and certification capabilities, hydrogen fuel cell technologies and the manufacturing capabilities of Hyundai Motor Group. The two companies share a vision to lead the advanced aerospace market to provide battery and fuel cell electrical solutions for the urban aerospace (UAM) and regional aerospace (RAM) markets and to promote sustainable aviation.
The Memorandum of Understanding between Rolls-Royce and Hyundai Motor Group includes five strategic objectives:
- Collaborate on technology development and power and propulsion system requirements for Hyundai’s Advanced Air Mobility Division.
- Collaboration in the manufacture of Rolls-Royce energy and propulsion systems for the advanced air transport market.
- Development of hydrogen fuel cell electric propulsion systems as a power source for Hyundai’s local air mobility (RAM) platforms.
Collaboration to roll out a joint fuel cell electric propulsion system in the broader Advanced Air Mobility (AAM) market.
- Presentation of a general demonstration model of aircraft electric fuel cells by 2025.
“We are pleased to partner with Rolls-Royce to leverage their aviation and aerospace certification expertise to accelerate the development of hydrogen fuel cell propulsion systems,” said Jaeun Shin, Head of Advanced Air Mobility at Hyundai Motor Group. Hyundai has successfully supplied hydrogen fuel system systems to the global automotive market and is now investigating the feasibility of hydrogen and electric propulsion technologies for aerospace applications. We believe this is the key technology capable of supporting the global aviation industry’s goal of zero carbon aviation by 2050. “
Rob Watson, President of Rolls-Royce Electric Motors, said: “We are delighted to partner with Hyundai Motor Group, which provides a valuable opportunity to take advantage of and build on the capabilities that both companies have in the aviation and automotive sector.The advanced air mobility market offers significant commercial potential, and this collaboration supports this collaboration.Our shared ambitions to lead the advanced aerobics market.This collaboration is further proof of Rolls-Royce’s role in providing solutions which will enable passengers to travel sustainably and help achieve net zero emissions by 2050. ”
The advantages of using a hydrogen fuel cell system in a fully electric aircraft propulsion system are that it is a zero-emission onboard power source, as well as a quiet and reliable source, enabling scalability of power capabilities as well as greater long-distance flight range. Hyundai will work with Rolls-Royce to provide hydrogen fuel cells, storage systems and infrastructure for the aviation markets, and this technology will be developed in Hyundai’s regional air mobility vehicles and Rolls-Royce’s all-electric and hybrid propulsion systems.
Last year, Rolls-Royce announced a roadmap for net-zero carbon emissions, and its electrical technology is one of the ways the company is helping to decarbonize key parts of the world economy. Rolls-Royce is committed to ensuring that its new products are net zero carbon by 2030 and that all its products will be in line with that target by 2050.
Hyundai Motor Group announced a roadmap earlier this year for its Advanced Air Mobility business, which includes the Urban Air Mobility (UAM) and Regional Air Mobility (RAM) segments, to provide environmentally friendly air mobility solutions for people within and between cities. The Supernal unit of the US-based Hyundai Motor Group intends to launch commercial services for its urban air mobility business in the US in 2028, while Hyundai Motor Group plans to launch local air mobility services in 2030.
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About Rolls Royce Holdings
1. Rolls-Royce is a leader in stakeholder energy to achieve connectivity, conserve energy and protect society. We have promised to achieve net zero greenhouse gas emissions in our operations by 2030 (excluding product testing) and joined the United Nations Race to Zero campaign in 2020, emphasizing our ambition to play a key role in the sectors in which we operate enable to achieve net zero emissions by the year 2050.
2. Rolls-Royce has customers in more than 150 countries, including more than 400 airlines and leasing companies, 160 armed forces and naval forces, and more than 5,000 power and electricity companies.
3. The company generated annual revenue of £ 10.95 billion in 2021, with an operating profit of £ 414 million, and we invested £ 1.25 billion in research and development. We also support a worldwide network of 28 university technology centers, placing Rolls-Royce engineers at the forefront of scientific research.
4. Rolls-Royce Holdings PLC is a public company (LSE: RR, ADR: RYCEY, LEI: 213800EC7997ZBLZJH69)
About Hyundai Motor Group
Hyundai Motor Group is a global company that has built a value chain based on mobility, steel and construction, as well as logistics, finance, information technology and services.
The company employs approximately 250,000 people worldwide, and the group’s mobility brands include Hyundai, Kia and Genesis.
Our company is armed with creative thinking, collaborative communication, and a firm will to tackle any challenges, and strives to create a better future for all.