Construction of the factory is expected to make use of subsidies from the Guangdong Province government.
Construction of the Guangzhou city facility with annual capacity of 6,500 fuel cell systems is to begin in March, with completion aimed for the second half of 2022, the automaker group said.
The group, which includes Hyundai Motor Co., Kia Motors Corp. and other affiliates, said it plans to supply up to 700,000 fuel-cell systems a year globally from 2030.
The fuel cell systems that will be produced in the plant are to be the same ones that are used for Hyundai Motor's Nexo fuel cell electric sport utility vehicles, the company added.
Dancing On Ice's Rebekah Vardy slams partying footballers for breaking COVID rules
When discussing who she believes will win the series this year, Holly said: 'I'm going to go Myleene. The list of competitors features actors, rappers, reality stars and even.
Authorities scramble after almost 5,000 boxes of ice cream infected with coronavirus
The Ministry for Primary Industries said it was not aware of any evidence that New Zealand milk powder was the source of Covid-19. The company has confirmed that as of 2pm Thursday China time, 1,662 employees have been quarantined and tested.
Facebook blocks events near Capitol and White House leading up to inauguration
The company has also suspended indefinitely Trump's Facebook account and said that it is keeping a pause on all political advertisements in the United States.
South Korea is keen to develop fuel cell systems, with the government pledging hefty investment. Global companies from Japan, Germany, the United Kingdom and other countries have also been working with the Chinese partners to develop technology related to fuel cell vehicles and to advance the local hydrogen industry.
Moreover, the Group will work with Chinese companies to participate in the Guangdong government's hydrogen-related pilot project and initiatives, which will help Hyundai secure a competitive advantage in China's hydrogen industry.
"Hyundai wants to compete in China's hydrogen vehicle market, where it is still a leading player, while it is struggling to compete there with local rivals for battery-powered EVs", said Lee Hang-koo, executive adviser at Korea Automotive Technology Institute. Meanwhile, China's ambition to foster a hydrogen economy aims to have one million FCEVs on its roads by 2035 centering on commercial vehicles.
Hyundai also recently launched HTWO, its new brand for hydrogen fuel cell systems. However, it announced a plan in December to invest more than Won60tn ($54.5bn) over five years to shift from traditional auto manufacturing into sectors including EVs, hydrogen fuel cells and driverless vehicles.
Conseillé:
-
Une greffe des deux bras pour un patient à Lyon !
Une première puisque jusqu'à présent seules des greffes de bras avaient réussi, sans les épaules. L'opération a duré 15 heures .James Harden thanks Houston and Rockets fans in Instagram post
Brooklyn has gone 3-2 in Irving's absence and has won back-to-back games since losing to the Oklahoma City Thunder on Sunday. The other is his new teammate, James Harden . "He's been doing it for a very, very long time ", Harden said .Eagles reportedly set to interview Patriots’ Josh McDaniels for head coach position
He almost became the head coach of the Indianapolis Colts in 2018 but made a decision to return to the Patriots instead. His tenure proved to be short, lasting less than two seasons with an 11-17 record. -
Afghan women Supreme Court judges shot dead in Kabul
That deal was struck in return for security guarantees from the insurgents and a commitment to peace talks with the Afghan government.Man arrested with gun, 500 rounds of ammo at checkpoint
Beeler, from Front Royal, Virginia, presented officers with what was described as an unauthorized inauguration credential. A spokeswoman for the Capitol Police told the Times that Beeler had shown a "nongovernment issued" credential.Galaxy S21 : Samsung retire à son tour le chargeur de ses boîtes
Si vous êtes encore indécis pour savoir quel Galaxy S21 choisir, on vous conseille de lire notre comparatif . Sans surprise, la puissance de 3 nouveaux appareils ne sera pas du fait d'un processeur Snapdragon. -
RBI governor Shaktikanta Das calls for stronger governance structure in banks, NBFCs
If there is any proposal on bad banks , the Reserve Bank of India ( RBI ) will examine the proposal, RBI governor Shaktikanta Das during 39th Palkhiwala Memorial lecture on Saturday.Third monthly drop for US retail sales
U.S. retail sales dropped last month, the Commerce Department said Friday, marking the third straight month without any growth. The earlier-than-usual holiday shopping season was also a likely factor for the decline: The U.S.Tam calls for strong measures to control spread of COVID-19
Theresa Tam says in the short-term, models predict over 100,000 new cases of COVID-19 and 2,000 more deaths in the next ten days. Hospitalizations are highest per capita in Manitoba , followed by Alberta , Saskatchewan , Quebec , Ontario and B.C. -
The Bridgerton scene that was surprisingly hard for Phoebe Dynevor to film
Phoebe has experience with filming in the midst of the pandemic, however. "When I was filming, it was masks on in rehearsals", she said.Mars digger bites the dust after two years
But the probe I encountered problems soon after the knocking process began , When the mole stopped about 30 cm at the surface. NASA announced on Thursday that a "mole" on Mars has ended its mission after landing on the Red Planet almost two years ago.Nepal Climbers 1st To Scale K2, World's 2nd Highest Mountain, In Winter
Congratulating the Nepalese climbers, GB chief minister said: "I hope the other mountaineers will also succeed in their quest". A team of climbers triumphed yesterday, becoming the first to conquer the world's second-highest mountain in winter.