Hyundai Motor Firm has damaged floor on its new hydrogen gas cell manufacturing facility in Ulsan, South Korea.
The ceremony was attended by Jaehoon Chang, Vice Chair of Hyundai Motor Group, together with key authorities officers together with Minister Sungwhan Kim of the Ministry of Local weather, Vitality and Surroundings, Vice Minister Shinhak Moon of the Ministry of Commerce, Trade and Sources, and Ulsan Mayor Doo-gyeom Kim. Their participation underscored the significance of hydrogen as a nationwide strategic business and the robust collaboration between private and non-private sectors. International hydrogen leaders, together with Ivana Jemelkova, CEO of the Hydrogen Council, additionally joined the occasion.
Positioned on a 43,000-square-meter website that after housed an inner combustion engine transmission plant, the brand new facility symbolizes Hyundai’s transition towards sustainable mobility. Scheduled for completion in 2027, the KRW 930 billion venture may have an annual manufacturing capability of 30,000 gas cell models beneath Hyundai’s HTWO model, producing next-generation hydrogen gas cells and electrolyzers to be used in autos, business fleets, building tools, and marine purposes.
“This plant embodies Hyundai Motor Group’s strategic dedication to advancing the hydrogen society transition,” Vice Chair Chang stated in his opening remarks. “It can function a crucial basis for securing nationwide financial development momentum and establishing Korea’s management within the international hydrogen business.”
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