From Hyundai to SK, top Korean companies join hands on hydrogen

15-member business summit kicks off with plans to invest $37bn by 2030

20210909 Korea H2 biz

Leaders of South Korea's best-known companies launched a business council on Sept. 8. (Photo courtesy of Korea H2 Business Summit)

KOTARO HOSOKAWA and YUKO SUGIGAKI, Nikkei staff writers

SEOUL/TOKYO -- Fifteen of South Korea's best-known companies, including Hyundai Motor, SK Group and Posco, launched a business council Wednesday to promote the domestic hydrogen industry and tap the growing global movement toward decarbonization.

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