Mexican Media Brands
S. Korea Vows to Make 6.2 Million Fuel Cell Vehicles by 2040
South Korea aims to build 6.2 million fuel cell-powered vehicles, open 1,200 hydrogen fueling stations and hike annual production of hydrogen to 5.3 million tons by 2040.
#hybrid
Share
The South Korean government has unveiled a plan to build 6.2 million fuel cell-powered vehicles, open 1,200 hydrogen fueling stations and hike annual production of hydrogen to 5.3 million tons by 2040.
The plan was presented at an event earlier today in Ulsan. The city is home to Hyundai Motor Co., the country’s leader in hydrogen-powered vehicle development and sales.
The government’s Ministry of Trade, Industry and Energy hopes to lower the market price of hydrogen to less than 3,000 won ($2.70) per kilogram. The ministry says it also will encourage the use of fuel cells in ships, trains and construction equipment.
Last summer the government and key businesses agreed to invest a combined 2.6 trillion won ($2.3 billion) over five years to accelerate fuel cell technology. The initiative aims by 2022 to set up 310 hydrogen fueling stations in Korea and deploy 16,000 fuel cell-powered cars, trucks and buses.
RELATED CONTENT
-
on lots of electric trucks. . .Grand Highlander. . .atomically analyzing additive. . .geometric designs. . .Dodge Hornet. . .
EVs slowdown. . .Ram’s latest in electricity. . .the Grand Highlander is. . .additive at the atomic level. . .advanced—and retro—designs. . .the Dodge Hornet. . .Rimac in reverse. . .
-
Multiple Choices for Light, High-Performance Chassis
How carbon fiber is utilized is as different as the vehicles on which it is used. From full carbon tubs to partial panels to welded steel tube sandwich structures, the only limitation is imagination.
-
Cobots: 14 Things You Need to Know
What jobs do cobots do well? How is a cobot programmed? What’s the ROI? We asked these questions and more to four of the leading suppliers of cobots.
