Hyundai rides China hydrogen wave with first overseas fuel cell plant

New factory will boost global capacity 30% to power autos and factory machines

20200115N Hyundai Nexo REUTERS

A Hyundai Nexo gets fueled at a hydrogen station in Seoul. © Reuters

KOTARO HOSOKAWA, Nikkei staff writer

SEOUL -- South Korea's Hyundai Motor Group will build its first overseas fuel cell factory in China, taking advantage of government backing for autos that run on hydrogen.

Work starts next month on the plant in a special development district of Guangzhou. Operations will begin after completion in the second half of 2022, with capacity starting out at 6,500 fuel cell systems a year, Hyundai said Friday.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.