South Korea plans to launch a two-year pilot program to test hydrogen fuel cell cargo trucks in its latest effort to use environmentally friendly vehicles in a wider scope of areas.
A ceremony was held on May 20, 2020, for signing a business agreement for a pilot project for the supply of hydrogen trucks. Attending were many dignitaries including the Deputy Vice Minister of Trade, Industry and Energy Jeong Seung-il, Deputy Minister of Environment Hong Jeong-ki, Deputy Minister of Land, Infrastructure and Transport Son Myung-soo, President of Hyundai Motor Company, Han Seong-kwon, Hyundai Motor Company President Jeong Tae-young and President of CJ Korea Express, Coupang Park, Dae-jun Park.
Under the project, South Korea will have five units of 10-ton cargo trucks to deliver goods between logistics centers in North Chungcheong and Gyeonggi Provinces through 2022.
CEO Jeon Geum-bae of Hyundai Glovis said, “We expect that this pilot project will be a role model for cooperation involving government, automakers, and companies. It is expected to be a catalyst to advance the Korean eco-friendly vehicle industry.”
South Korea is leading a charge to have a hydrogen economy and under this blueprint it wants to have up to 40,000 hydrogen buses running on its streets by 2040. It also wants to increase hydrogen fuel cell taxis from 10 units to 80,000 units by 2040.