According to the Korean press, the manufacturer is planning to set up a fuel cell production facility 300 km from Seoul. The site, set to be built in 2028, will be located within an existing industrial complex in Ulsan.
Hyundai is committed to hydrogen. The Korean giant, which will release the successor to the Nexo (the Initium SUV) later this year, has made several statements in recent months to reaffirm its determination to continue investing in this field. The announcement of a new factory is a clear step in this direction. The facility is expected to begin mass-producing fuel cells by 2028.
The company is also undergoing a major reorganization. A year ago, it decided to bring Hyundai Mobis’ hydrogen activities in-house. Hyundai now directly manages research and production of fuel cells. Under the name HTwo, Hyundai already operates a factory in China that produces 6,500 cells annually.
Are you a LinkedIn user who would like to follow the latest hydrogen news on a more regular basis? Then our LinkedIn weekly newsletter may be what you’re looking for. You can subscribe to it here.
PS: You can sign up to our newsletters to follow the latest hydrogen news on a more regular basis:
– “Your hydrogen news live” (to receive all our articles as soon as they are published)
– “Your weekly newsletter” (sent every Monday morning).
Want to know more about Hyundai? Then our latest articles on this key player should be of interest to you. You can access all our articles written on Hyundai by clicking here.
