Hyundai Motor Co. holds a groundbreaking ceremony for its new hydrogen plant at its main car manufacturing complex in Ulsan, about 305 kilometers southeast of Seoul, on Oct. 30, 2025. (Yonhap)
SEOUL, Oct. 30 (Korea Bizwire) – Hyundai Motor Co. said Thursday it broke ground on a new hydrogen fuel cell production facility in the southeastern city of Ulsan, marking a step forward in solidifying the automaker’s leadership in the future mobility sector.
The company held a groundbreaking ceremony at its main car manufacturing complex in Ulsan, about 305 kilometers southeast of Seoul, attended by key company executives and government officials, including Energy Minister Kim Sung-whan, according to Hyundai Motor.
Ivana Jemelkova, chief executive officer (CEO) of the World Hydrogen Council, a global CEO-level consultative body for the hydrogen sector, was also present.
Hyundai Motor invested 930 billion won (US$652.1 million) in the plant, which is set for completion in 2027 with a planned capacity of 30,000 fuel cell vehicles annually.
The new facility is being built on the site of a former internal combustion engine transmission plant, symbolizing Hyundai Motor’s shift toward future mobility.
This file photo, provided by Hyundai Motor Co. on April 29, 2025, shows the company’s revamped Xcient heavy-duty hydrogen fuel cell truck at the Advanced Clean Transportation Expo 2025 in Anaheim, California. (Yonhap)
“This plant embodies Hyundai Motor Group’s strategic commitment to advancing the hydrogen society transition,” Hyundai Motor Vice Chairman Chang Jae-hoon said in his opening remarks, according to the company. “It will serve as a critical foundation for securing national economic growth momentum and establishing Korea’s leadership in the global hydrogen industry.”
Hyundai Motor said it plans to operate the new Ulsan hydrogen plant as an advanced manufacturing platform that incorporates up-to-date technologies, including robotics and advanced monitoring systems, to enhance operational efficiency and workplace safety.
The company added that it can expand the plant’s annual production capacity in line with future growth in global hydrogen demand.
(Yonhap)
