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Hyundai Motor and Toyota Competing to Preempt Hydrogen-powered Vessel Market

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  • Writing date 2023.10.18

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Competition between Hyundai Motor and Toyota over hydrogen fuel cell technology is spreading from cars to small ships.


Hyundai Motor formed a partnership with Vinssen, a Korean startup, in June to develop a vessel powered by hydrogen fuel cells. Toyota introduced a prototype in October by collaborating with France's Energy Observer Project Team and startup HYNOVA Yachts.


Hyundai Motor and Vinssen will cooperate in developing a 14-meter-long eco-friendly ship by December 2021. The Korean carmaker will supply 95kW hydrogen fuel cells used for the Nexo. Vinssen will complete a power management system (PMS) by combining four hydrogen fuel cells with ABB's electric motor. The key is to optimize vehicle-use hydrogen fuel cells in the marine environment.

The project was ordered by Yeongam County, South Jeolla Province. Vinssen plans to mass-produce the eco-friendly ship if it reaches the expected level in terms of performance. Vinssen expects the eco-friendly ship to replace small vessels powered by internal combustion engines.