Hyundai Motor Co. in South Korea is strategically investing $12.7 million in the local hydrogen charging station operator, Kohygen, to boost the country's eco-friendly bus market. This move comes as Chinese electric buses have been dominating the clean energy bus industry in Korea due to a lack of hydrogen-powered bus charging infrastructure. By increasing its stake in Kohygen to 48%, Hyundai aims to revitalize the hydrogen bus ecosystem by expanding the number of charging stations from 6 to 17 in the short term and eventually to 300. The company's plan involves synergizing the increased production capacity of its hydrogen bus ELEC CITY to 3,100 per year with the charging infrastructure, striving to outperform Chinese electric buses. Additionally, Hyundai is contemplating further investment in Hynet, a hydrogen charging service provider for passenger cars like the NEXO SUV. With plans to potentially become the top shareholder of Hynet, Hyundai aims to strengthen its position in the hydrogen fuel cell vehicle market. Hynet currently operates 45 hydrogen fuel cell vehicle charging stations in Korea. The strategic investment in Kohygen and potential investment in Hynet showcase Hyundai's commitment to advancing the hydrogen-powered vehicle market in South Korea.