Hyundai will build an additional plant to produce hydrogen cars

Hyundai will build an additional plant to produce hydrogen cars

December 14, 2018 0 By autotimesnews

The South Korean company Hyundai is now the only brand that really supports and develops the segment of cars on hydrogen fuel cells. Moreover, he has high hopes for this technology and will build an additional plant.

This week, the South Korean brand revealed its plans for the future of hydrogen cars. Hyundai’s FCEV Vision 2030 roadmap implies active development with the strengthening of the company’s position in this segment. Hyundai Mobis Co. intends to build a second fuel cell plant in Chungju, South Korea.

At the moment, Mobis produces only 3,000 fuel cell systems per year, but with the addition of new equipment, by 2022 production will increase to 40,000 units. And this is just the beginning. It is expected that by 2030, the last year in terms of Hyundai, the annual capacity will increase to 700,000 units.

Hyundai’s confidence in this alternative power source is based on projections that the demand for such systems will grow to a total of 2 million units. The growth will be caused by the expansion of technology far beyond the limits of automobiles and will include segments of unmanned aerial vehicles, forklifts, autonomous platforms in factories, ships and so on.

The advantage of Hyundai fuel systems is to obtain hydrogen from the air, for further generation of electricity. And a byproduct of the car is water.