HD Hyundai XiteSolution Deploys Korea’s Largest Hydrogen Forklifts
29. August 2024South Korea’s HD Hyundai XiteSolution has recently introduced four 5-ton hydrogen forklifts at Korea Zinc Inc.’s Onsan Refinery. These forklifts will be utilized to collect data on their performance and durability in real-world conditions. Notably, these are the largest hydrogen-powered forklifts currently deployed at any logistics site in the country. With a loading capacity 1.7 times greater than the 3-ton models from other domestic manufacturers, these forklifts are particularly well-suited for heavy-duty tasks in locations such as ports and logistics centers. Hydrogen-related products like pressure vessels usually require KGS registration in order to be approved for import and sale in Korea.
The forklifts are powered by a hydrogen fuel cell power pack with a 50kW capacity, allowing for a full charge in just 5 minutes and up to 5 hours of operation. This makes them more efficient than electric battery forklifts, which require 4-6 hours of charging. Additionally, they are capable of functioning in extreme temperatures, ranging from -30°C to 60°C. HD Hyundai XiteSolution is positioning itself to lead the market for large hydrogen forklifts, projecting that the hydrogen forklift market will expand more rapidly than the general hydrogen vehicle market. According to research cited by the company, the global hydrogen fuel cell forklift market was valued at $377 million in 2023 and is expected to grow to $2.255 billion by 2030.
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