Mexican Media Brands
S. Korea Vows to Make 6.2 Million Fuel Cell Vehicles by 2040
South Korea aims to build 6.2 million fuel cell-powered vehicles, open 1,200 hydrogen fueling stations and hike annual production of hydrogen to 5.3 million tons by 2040.
#hybrid
Share
The South Korean government has unveiled a plan to build 6.2 million fuel cell-powered vehicles, open 1,200 hydrogen fueling stations and hike annual production of hydrogen to 5.3 million tons by 2040.
The plan was presented at an event earlier today in Ulsan. The city is home to Hyundai Motor Co., the country’s leader in hydrogen-powered vehicle development and sales.
The government’s Ministry of Trade, Industry and Energy hopes to lower the market price of hydrogen to less than 3,000 won ($2.70) per kilogram. The ministry says it also will encourage the use of fuel cells in ships, trains and construction equipment.
Last summer the government and key businesses agreed to invest a combined 2.6 trillion won ($2.3 billion) over five years to accelerate fuel cell technology. The initiative aims by 2022 to set up 310 hydrogen fueling stations in Korea and deploy 16,000 fuel cell-powered cars, trucks and buses.
RELATED CONTENT
-
Engineering the 2019 Jeep Cherokee
The Jeep Cherokee, which was launched in its current manifestation as a model year 2014 vehicle, and which has just undergone a major refresh for MY 2019, is nothing if not a solid success.
-
Things to Know About Cam Grinding
By James Gaffney, Product Engineer, Precision Grinding and Patrick D. Redington, Manager, Precision Grinding Business Unit, Norton Company (Worcester, MA)
-
Mustang Changes for 2018
On Tuesday Ford unveiled—using the social media channels of actor Dwayne Johnson (this has got to unnerve some of the auto buff book editors)—the 2018 Mustang, which has undergone some modifications: under the hood (the 3.7-liter V6 is giving way to a 2.3-liter EcoBoost four, and a 10-speed automatic is available), on the dash (a 12-inch, all-digital LCD screen is available for the dashboard), at the tires (12 wheel choices), on the chassis (MagneRide damper technology is being offered with the Mustang Performance Package), and on the exterior (three new paint colors). And while on the subject of the exterior, there are some notable changes—a lower, remodeled hood, repositioned hood vents, new upper and lower front grilles, LED front lights, revised LED taillamps, new rear bumper and fascia.
