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THE INVESTOR
May 25, 2019
Big Reunion

Automobiles

Hyundai joins govt-led hydrogen charging infra SPC

  • PUBLISHED :March 10, 2019 - 14:32
  • UPDATED :March 10, 2019 - 14:33
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Hyundai Motor has joined a government-led special purpose company to establish viable hydrogen charging infrastructure by 2022, the company said on March 10.

Korea Gas Corp., Hyundai, Air Liquide Korea and 10 other companies have set up Hydrogen energy Network, or HyNet, to build 100 hydrogen chargers across the country by the target year, the carmaker said in a statement.


HyNet’s hydrogen charger plan is part of broader government efforts to supply 65,000 hydrogen vehicles and establish a total of 310 hydrogen chargers by 2022, the statement said.

It will stay in operation through 2028 and play a leading role in establishing charging infrastructure and promoting emission-free vehicles in the country, Korea’s No. 1 carmaker said. 

Meanwhile, Hyundai joined hands with French industrial gas supplier Air Liquide, Norway’s hydrogen charging facility firm Nel, US-based hydrogen truck maker Nikola, the Netherlands-based oil and gas firm Royal Dutch Shell and Toyota Motor to create a universally accepted charging technology for buses and trucks that run on hydrogen.

By Ram Garikipati and newswires (ram@heraldcorp.com)

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