Hyundai starts construction of new $654m hydrogen fuel-cell plant

A groundbreaking ceremony at the Hyundai Motor hydrogen fuel cell production facility in South Korea (Image courtesy of Hyundai) A groundbreaking ceremony at the Hyundai Motor hydrogen fuel cell production facility in South Korea (Image courtesy of Hyundai)

South Korean firm Hyundai Motor Company has broken ground on the construction of a new hydrogen fuel-cell and electrolyser production facility in Ulsan, South Korea.

The move signals an expansion of its hydrogen-mobility strategy, with the facility being built in what was previously a combustion engine factory.

The company said it is investing KRW 930 billion (US$654 million) in the plant. It will produce hydrogen fuel cells and electrolyzers for various applications including passenger vehicles,…

Log in to continue reading

Log in for free access to this article and more, including:

  • Industry news and expert insight
  • Digital magazines and reports
  • Newsletters covering the topics that matter to you

If you haven’t completed your free registration yet, we’ll ask you for a few details before returning you to the article.

CONNECT WITH THE TEAM
Murray Pollok Editor, International Rental News Tel: +44 (0)1505 850043 E-mail: [email protected]
Ollie Hodges Vice President, Sales Tel: +44 (0)1892 786253 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA