Hyundai committed to building US hydrogen ecosystem

Hyundai Motor Group has reaffirmed its commitment to hydrogen today (May 13) by stating that it will invest $7.5bn in the US by 2025 with some of the funds looking to accelerate the hydrogen ecosystem.

Hyundai said that it looks forward to working with the US government and other business partners to grow and expand the US hydrogen ecosystem.

The group is committed to fostering a hydrogen society to help support the creation of business opportunities for a sustainable future.

Hyundai Motor signed a memorandum of understanding (MoU) with the US Department of Energy in February 2020 to cooperate in hydrogen fuel cell technology innovation and global expansion.

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