Hyundai Signs MOU with Busan Metropolitan City to Promote Hydrogen Fuel Cell Vehicles
Hyundai Signs MOU with Busan Metropolitan City to Promote Hydrogen Fuel Cell Vehicles
author Added by FuelCellsWorks, September 10, 2018
  • Establishment of a hydrogen filling station and contribution to popularization of hydrogen electric vehicle by establishing a hydrogen filling station in Busanby the end of 2018 
  • Busan City promises administrative support such as expansion of hydrogen electric vehicle subsidy ... Schedule of 200 subsidies next year

Hyundai Motor Company and Busan Metropolitan City announced that they signed a mutual cooperation MOU to promote the diffusion of hydrogen electric vehicle and build hydrogen charging infrastructure at Busan City Hall.

The ceremony was held during the ceremony attended by Lee Won-hee, CEO of Hyundai Motors, and Hyundai Motor and Busan Metropolitan City officials including Ogdon Busan City Mayor.

Hyundai Motor Company and Busan Metropolitan City decided to cooperate with the supply of hydrogen electric vehicles and the expansion of charging infrastructure in order to secure competitiveness of the hydrogen industry which is the future innovation growth growth industry and to foster and develop related industries.

By signing the MOU, Hyundai will install a hydrogen filling station in Busan until the end of the year, thereby contributing to the establishment of hydrogen filling infrastructure in Busan and the establishment of a foundation for popularization of hydrogen electric vehicles.

In addition, Busan Metropolitan City promised active administrative support such as the expansion of subsidies to buy hydrogen electric vehicles.

Busan Metropolitan City will organize a budget to support the purchase of hydrogen electric vehicles in 2019 in order to promote full-scale hydrogen electric vehicles. By gradually expanding the charging infrastructure and expanding the supply of hydrogen electric vehicles, And plans to deploy 1,000 hydrogen electric cars.

A Hyundai Motor official said, "We have signed an MOU with Busan Metropolitan City to expand the supply of hydrogen electric vehicles, the ultimate eco-friendly car, and to expand the charging infrastructure." "Hyundai will continue to do its best to expand the hydrogen electric vehicle market and create a hydrogen ecosystem. "He said.

Hyundai Motors is the joint chairman of the Global Hydrogen Council 

  • Successful development of next-generation hydrogen electric vehicle
  • Collaboration of hydrogen electric car with taxi and car sharing company
  • Construction of Seoul and hydrogen electric house We actively inform the competitiveness and importance of hydrogen energy, We have pursued various activities to preoccupy society.

In addition, Hyundai is also involved in the establishment and operation of a special purpose company (SPC, Special Purpose Company) for installing and operating a hydrogen charging station, and is working to expand the supply of hydrogen electric vehicles through the construction of a hydrogen charging infrastructure.

On the other hand, the hydrogen electric car is called 'the ultimate eco-friendly car' because it has no pollution emissions and purifies the air.

In fact, if Hyundai's hydrogen electric car 'Nexo' runs for 1 hour, 26.9kg of air will be purified, and 42.6 adults (based on 64kg weight) will be able to breathe clean air for 1 hour. In other words, if 100,000 Nexo's run for two hours (average daily driving time on a passenger car), 355,000 adults will be able to breath purified air for 24 hours.