Ineos has signed a memorandum of understanding with Hyundai with a bid to exploring “new opportunities to accelerate the global hydrogen economy”.

While the upcoming Grenadier revealed back in July 2020 will initially be offered with petrol and diesel straight-six engines from BMW, this latest collaboration includes the “evaluation of Hyundai’s proprietary fuel-cell system” for the ladder-frame 4x4 vehicle.

“This co-operation represents an important step in Ineos’ efforts to diversify its powertrain options at an early stage,” the company said in a statement.

In addition, the two automakers said they would “jointly investigate opportunities for the production and supply of hydrogen as well as the worldwide deployment of hydrogen applications and technologies”. Both companies will “initially seek to facilitate public and private sector projects focused on the development of a hydrogen value chain in Europe”.

The new Grenadier – which has been billed as the spiritual successor to the original Land Rover Defender – will be “built from the ground up on an all-new platform”, with engineering help from Magna Steyr. Both SUV and bakkie body styles are being developed.

Production is slated to start in “late 2021”. South Africa has already been identified as a potential market, with local sales slated to start in early 2022.