Hyundai Steps up Hydrogen Investment by $6.7 Billion Commitment

By October 31, 2022 < 1   min read  (129 words)

October 31, 2022 |

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The Hyundai Group has announced a massive investment in hydrogen, committing $6.7 billion towards “the fuel of the future.”

Scott Phillips, Chief Investment Officer at Motley Fool told Oliver Peterson on Perth Live that hydrogen should be in the mix for our automotive future.

“When you block off potential ideas, when you simply say we think the race has been won and done…I think that’s a mistake,” he told Oly.

“I just think this is a smart idea, if you think about what hydrogen offers, a six kilo hydrogen tank can take you about as far as a standard full tank of petrol or diesel.”

Source: Hyundai steps up hydrogen investment by $6.7 billion commitment

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