Hyundai Motor Partners with Ulsan City to Develop a Hydrogen Ecosystem
Key Ideas
- Hyundai Motor and Ulsan City signed an MOU to build a hydrogen ecosystem in Ulsan, focusing on the entire hydrogen value chain.
- The cooperation includes developing hydrogen supply technologies like water electrolysis, hydrogen mobility vehicles, and introducing hydrogen tractors for logistics.
- The partnership aims to make Ulsan a hydrogen-friendly city and revitalize its hydrogen ecosystem, contributing to eco-friendly logistics and sustainable practices.
- Both Hyundai Motor and Ulsan City expressed commitment to working together to advance towards a hydrogen society and promote regional specialization projects in the city.
Hyundai Motor has announced a comprehensive partnership with Ulsan City to transform the city into a hydrogen-friendly environment. The collaboration involves the development of a hydrogen ecosystem, focusing on various aspects of the hydrogen value chain. Hyundai Motor and Ulsan City have agreed to work together on technology development, hydrogen supply for clean production through water electrolysis, and the research and development of hydrogen mobility vehicles like tractors and forklifts. Furthermore, they plan to introduce hydrogen tractors for cargo transportation, aiming to create an eco-friendly logistics system based on hydrogen. This initiative aligns with the '3rd Hydrogen City Creation Project' hosted by the Ministry of Land, Infrastructure and Transport, where Ulsan City will lead regional specialization projects in the hydrogen sector. Both Hyundai Motor and Ulsan City are committed to establishing Ulsan as a hub for hydrogen technology and fostering sustainable practices. The partnership signifies a significant step towards building a hydrogen society and promoting environmentally friendly solutions in the region.