Hyundai Motor Group to expand fuel cell output to 700,000 units by 2030

Hyundai Motor Group plans to increase its annual fuel cell system production capacity from 40,000 units to 700,000 units by 2030, including 500,000 for vehicles and 200,000 for non-vehicle applications. The expansion involves building a third plant in South Korea and a first overseas factory in Guangzhou, China.

“Hyundai Motor Group envisioning global leadership in hydrogen economy will expand its fuel cell output to 700,000 units until 2030 from current 40,000 for use of both vehicles and no-vehicles.”pulse.mk.co.kr

• 1 source
• pulse.mk.co.krHyundai Motor aims to cement fuel cell leadership with output ramp-up - 매일경제 영문뉴스 펄스(Pulse)Jan 19, 2021

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