Hyundai takes hydrogen economy to Shanghai
Hyundai’s exhibition center covers 406 square meters (4,370 square feet) and is dubbed Hyundai Hydrogen World.
The exhibition will run for two weeks through Sept. 8. It is located in the center of Shanghai’s Century Square, linked with the city’s main shopping streets.
The center houses demonstrations of Hyundai’s fuel-cell electric vehicle Nexo purifying air, a display of Nexo’s internal mechanical parts and exhibits showing a vision of a future society powered by hydrogen. According to Hyundai, the Nexo SUV can filter 99.9 percent of ultra-fine dust particles while driving.
The Korean automaker said in a statement Monday that visitors will be able to learn “how hydrogen contributes to the sustainable economic and social development of China” through the exhibition.
“Through Hyundai Hydrogen World, we aim to spread understanding of our technological competence and vision for a global hydrogen society, which we have uniquely accumulated over the years,” said Lee Byung-ho, president of Hyundai Motor Group China.
“Hyundai Motor Group will actively respond to the Chinese government’s new energy development policy … and provide information related to the fuel-cell electric vehicle to a wider Chinese audience.”
The automaker added in statement that it hopes to gain a first mover’s advantage in the growing hydrogen economy and recover its recent slowdown in sales, particularly in China, one of the world’s largest electric vehicle markets.
As Hyundai Motor Group moves to bolster its presence in the world’s hydrogen market, it announced late last year the “fuel-cell electric vehicle (FCEV) vision 2030,” a mid- to long-term roadmap to bring about a hydrogen-powered society and said it will establish a production system to make 500,000 FCEVs per year by 2030.
BY KIM JEE-HEE [email@example.com]
More in Industry
Government, mobile carriers agree frequency redistribution price
Futures at stake, marketers see opportunity in CSAT
Aekyung Group makes executive appointments
Lotte Mart slammed for illegally kicking out trainee guide dog
It's tough at the top, and many would prefer not to try