S. Korean govt to have over 6,000 hydrogen cars on roads this year

2019.05.10 14:59:02

Hyundai Motor’s NEXO hydrogen fuel cell electric vehicle이미지 확대

Hyundai Motor’s NEXO hydrogen fuel cell electric vehicle

The Korean government betting high on hydrogen fuel vowed to place 6,358 vehicles powered by rechargeable fuel cell on the roads by the year-end.

The Ministry of Trade, Industry, and Energy said Friday that it has set its goal for hydrogen cars in the country at 6,358 units for this year and accordingly revised up its target for new supplies by 35 percent to 5,467 units. It also plans to run 35 hydrogen-powered public buses from next month and 10 taxis from August.

The supply of fuel cells will be expanded 45 percent this year from the end-2018 by distributing units for power generation with combined capacity of 139.3 megawatts and 6.5-megawatt for private use.

Hydrogen charging station이미지 확대

Hydrogen charging station

The ministry currently is preparing a plan for building additional hydrogen charging stations across the country with an aim to release the schedule by August.

Earlier this year, the government approved Hyundai Motor’s plan of installing hydrogen charging stations in downtown. It is reported that the company is seeking to build the charging points across Seoul, including the parking lot at National Assembly.

The government also plans to utilize gas network to make hydrogen readily available even in remote regions and order state-utility utility Korea Electric Power Corp. to lead a project for storing surplus electric power in the form of hydrogen.

The trade ministry along with five other departments is drawing a roadmap for accelerating hydrogen technology development.

By Lim Sung-hyun and Cho Jeehyun

[ⓒ Pulse by Maeil Business Newspaper & mk.co.kr, All rights reserved]