Hyundai Motor to Establish Hydrogen Fuel Cell Systems Plant in South Korea by 2028
Key Ideas
- Hyundai Motor Co. plans to build its first hydrogen fuel cell systems plant in South Korea by 2028, making it the carmaker's second such plant globally.
- The domestic facility will be constructed at Hyundai's mainstay car manufacturing plant in Ulsan, enabling production of hydrogen fuel cell systems for various vehicles.
- If confirmed, the new plant will supply hydrogen fuel cell systems for vehicles like the Nexo hydrogen fuel cell electric vehicle, Elec City bus, and hydrogen trucks.
- This initiative aligns with Hyundai's commitment to advancing sustainable mobility solutions and promoting the use of hydrogen-powered vehicles in the market.
Hyundai Motor Co. is set to establish its first hydrogen fuel cell systems plant in South Korea by 2028, as announced by the company's labor union. Currently operating a similar plant in China, this new facility in Ulsan will mark the carmaker's second plant dedicated to hydrogen technologies globally. The construction is expected to kick off within the year at the Ulsan manufacturing plant. Once operational, the plant will produce hydrogen fuel cell systems to power vehicles such as the Nexo hydrogen fuel cell electric vehicle, hydrogen buses, and trucks. The existing plant in Guangzhou has been manufacturing fuel cell systems since 2023, contributing to the deployment of over 6,500 hydrogen commercial vehicles. Hyundai's move demonstrates a positive step towards sustainable mobility, emphasizing the importance of hydrogen as an alternative fuel source for transportation.