Hyundai Glovis is teaming up with Air Products & Chemicals, an industrial gas manufacturing company, to develop a hydrogen supply chain.
Hydrogen is often hailed as the fuel of the future, one that will ultimately replace fossil fuels and make the earth greener.
Around 80,000 school vehicles across the nation will be replaced with either electric or hydrogen models starting next year, according to officials on Wednesday.
Posco is hosting a three-day forum held to discuss ways to reduce greenhouse gas emissions in steelmaking.
Hyundai Glovis launched an eco-friendly energy brand to transport hydrogen and reuse batteries for electric vehicles.
Doosan Fuel Cell will start exporting hydrogen fuel cells for residential heating to China next month.
Korea said Thursday it plans to invest 42.4 billion won ($35.8 million) through 2023 to develop core technologies for hydrogen-powered trams.
A group of big Korean business groups are banding together to promote the transition to hydrogen-based energy, pledging a combined 43 trillion won ($36.9 billion) of investment to make it happen.
All new commercial vehicles from Hyundai Motor and Kia such as buses and heavy duty trucks will be fuel cell and battery-driven electric vehicles (EVs) from now on, the company announced Tuesday.
Lotte Chemical said Tuesday it will build a pilot plant to mass produce hydrogen storage tanks, a key part of fuel-cell electric vehicles (EVs), in a move to ramp up efforts to boost its hydrogen business.