SEOUL, Feb. 11 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Tuesday it will cooperate with the U.S. energy department to promote hydrogen vehicles and their commercialization in the world’s most important automobile market. Hyundai has signed a memorandum of understanding with the Department of Energy to collect and publish validated data on demonstrating [...]
SEOUL, Jan. 25 (Korea Bizwire) — Hyundai Motor Co. said Saturday it will produce hydrogen fuel-cell electric commercial vehicles in its Chinese plant to make inroads into the local electric vehicle market. In the China EV100 Forum held in Beijing from Jan. 10-12, Executive Vice President Lee In-cheon, head of Hyundai’s Commercial Vehicle Business Division, [...]
SEOUL, Jan. 20 (Korea Bizwire) — South Korea said Monday it will spend more on research and development (R&D) in the energy segment this year as the country targets clean and sustainable economic growth. South Korea will spend 916.3 billion won (US$789 million), a 19-percent rise from last year, on such projects, according to the [...]
SEOUL, Jan. 13 (Korea Bizwire) — South Korea’s bold drive to promote the use of hydrogen for power generation, vehicles and other industires is witnessing progress as sales of hydrogen fuel cell cars increased sharply last year and more charging stations were installed, the industry ministry said Monday. Seoul unveiled its so-called hydrogen economy drive [...]
SEOUL, Dec. 30 (Korea Bizwire) — South Korea plans to build the world’s first ‘hydrogen cities’ to promote the hydrogen economy. The Ministry of Land, Infrastructure, and Transport announced on Sunday that it chose Ansan, Ulsan, Wanju, and Jeonju as ‘candidate cities for the hydrogen economy,’ and Samcheok as a city that will specialize in [...]
SEOUL, Dec. 5 (Korea Bizwire) — South Korea is witnessing slow but meaningful progress in its march toward a hydrogen-based economy, with the pollution-free power source set to take up a greater slice of the country’s energy mix down the road. The Moon Jae-in administration has been pushing to cut the country’s dependency on conventional [...]
SEOUL, Nov. 1 (Korea Bizwire) — Hydrogen-powered police buses were introduced for the first time in South Korea in the heart of downtown Seoul. The National Police Agency (NPA) will deploy two hydrogen fuel-cell electric buses to be operated by female riot police units, one in front of the main gate of the National Assembly [...]
SEOUL, Oct. 31 (Korea Bizwire) — South Korea on Thursday announced a plan to cut the production costs of hydrogen to about a third of current costs by 2040 in a move to make it a viable alternative to the fossil fuels blamed for global warming. The road map — outlined at the latest science-technology [...]
SEOUL, Oct. 30 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Wednesday it will invest in three hydrogen companies in its latest move to boost competitiveness in hydrogen fuel-cell electric vehicles. The three companies are Sweden’s Impact Coatings AB, Israel’s H2Pro and Switzerland’s GRZ Technologies. Hyundai Motor expects its partnerships [...]
SEOUL, Oct. 24 (Korea Bizwire) — The Seoul metropolitan government aims to have more than 4,000 hydrogen fuel-cell vehicles (FCVs) on its roads by 2022 as part of efforts to increase demand for environment-friendly cars, city officials said Thursday. To this end, the local government also plans to increase the number of hydrogen charging stations [...]