Hyundai Motor plans to build its first hydrogen fuel cell systems plant in Korea to start operations in 2028, the company's labor union claimed Tuesday.
Members of the Korea-Japan Parliamentarians' Union and executives of local firms kicked off a three-day trip to Japan with a meeting with Japanese lawmakers and business chiefs to discuss collaboration in the hydrogen sector.
The government will raise its subsidy for hydrogen fuel-cell buses from 3,600 won per kilogram of fuel to 5,000 won starting next month as part of efforts to boost the use of eco-friendly public transportation.
HD Korea Shipbuilding & Offshore Engineering received approval for its liquefied hydrogen tank technology from four major classification societies.
Korea's demand for hydrogen fuel in the mobility sector jumped 64 percent in 2024 from a year earlier, driven by the increasing number of hydrogen buses in the country, data showed Friday.
A city bus running on hydrogen exploded at a charging station in Chungju, North Chungcheong, on Monday, injuring two people.
Toxic fumes from a pigsty waste treatment plant killed two and injured one in Wanju County, North Jeolla.
The Finance Ministry said Thursday it has selected the southeastern city of Gyeongju as the site for a 771.6 billion won ($552.8 million) project to construct the country's largest hydrogen fuel cell power plant.
Korea's demand for hydrogen in the mobility sector jumped 59 percent through September from a year earlier, data showed Wednesday.
Hyundai plans to launch a new hydrogen-powered SUV, inspired by retro designs, in the first half of next year.
Korea JoongAng Daily Sitemap
