HYUNDAI COLLABORATES WITH CONGRESSIONAL HYDROGEN & FUEL CELL CAUCUS TO HIGHLIGHT INTRODUCTION OF MASS-PRODUCED FUEL CELL VEHICLES IN THE RETAIL MARKET

WASHINGTON, D.C., Sept. 16, 2014 – Today, Hyundai collaborated with the House Hydrogen and Fuel Cell Caucus and the Department of Energy to highlight the introduction of the first mass-produced fuel cell vehicles in the U.S. retail market. In a briefing organized by the House Hydrogen and Fuel Cell Caucus, Hyundai executives, Members of Congress, and an official from the Department of Energy discussed the innovative and clean technology that powers hydrogen fuel cell vehicles and the need for additional hydrogen infrastructure in the United States.

“Hyundai is thrilled to partner with leaders in Congress and the Department of Energy to promote the continued development and commercialization of these clean energy technologies,” said Kathleen Hennessey, vice president, government affairs for Hyundai Motor Company. “We look forward to continuing to work together with groups like H2USA, the public-private partnership launched by the Energy Department, to find ways to advance hydrogen infrastructure to support more transportation energy options – like fuel cell vehicles – for our consumers here in the United States.”

In June 2014, Hyundai became the first automaker to offer for lease in the United States a mass-produced fuel cell vehicle. Hyundai Tucson Fuel Cell lessees can now drive Hyundai’s next-generation Tucson Fuel Cell for just $499 per month, including unlimited free hydrogen refueling and At Your Service Valet Maintenance at no extra cost.

“We are very proud to offer our customers a no-compromise solution with the Hyundai Tucson Fuel Cell’s zero-emission technology, quick refueling, spacious interior, and great lease program,” said Gil Castillo, Hyundai’s senior manager for alternative vehicle strategy.

House Hydrogen and Fuel Cell Caucus Co-Chair Representative John Larson, a longtime advocate for fuel cell technology, has spearheaded federal efforts to accelerate the deployment of fuel cell and hydrogen energy technology through infrastructure and investment tax credits. Larson commented, “Fuel cells and hydrogen energy are a key to utilizing cleaner, domestic energy sources. As the nation’s hub for fuel cell manufacturing, Connecticut is poised to take advantage of the exciting developments taking place in this industry such as the introduction of the Hyundai Tucson Fuel Cell Vehicle. From ending our dependence on foreign oil, reducing harmful emissions, and spurring American manufacturing, fuel cells will play a critical role in solving some of our most pressing problems. I applaud automakers such as Hyundai for investing in this incredible technology.”

Fellow Caucus Co-Chair Representative Charles Dent added, “I applaud Hyundai for their commitment to the deployment of hydrogen fuel cell cars in real numbers so that the public can realize that the potential of this technology is real. I am very proud of Air Products, based in my district, for working with Hyundai to promote the deployment of hydrogen fueling stations where any gas station customer will feel right at home.”