(Hyundai Motor Co.-Yonhap)
Hyundai Motor Co. said Wednesday it has opened the country's first charging station for hydrogen-powered commercial vehicles in South Korea.
Hyundai established the charging station at its Jeonju plant, 240 kilometers south of Seoul. It is the carmaker's first charging station for hydrogen-powered commercial cars and its ninth hydrogen charging station, the company said in a statement.
"Hydrogen buses and trucks, as well as hydrogen passenger cars, can charge themselves in the hydrogen commercial charging station as it is located near the roads," a company spokesman said.
The Hyundai Nexo is the country's sole hydrogen-powered passenger model.
Hyundai, which has exported 10-ton hydrogen trucks to Switzerland, plans to launch a localized version of the truck here in 2021.
The move is in line with the Seoul government's efforts to promote hydrogen cars and strengthen the charging infrastructure.
South Korea aims to increase the number of hydrogen charging stations to 310 by 2022 from the current 37 across the country, according to the environment ministry.
To help spread zero-emission and autonomous cars across the country, the country plans to spend 2.2 trillion won ($1.9 billion) by 2030, with a plan to have the private sector separately invest 60 trillion won in future vehicles, related technologies and facilities.
Hyundai Motor Group will take up 41 trillion won, or 68 percent of the 60 trillion won, under the government led future mobility plan, the transport ministry said.
Hyundai Motor Group, which aims to morph into a future mobility solutions provider, announced in December 2018 that it will invest 7.6 trillion won in hydrogen car-producing facilities and related R&D activities by 2030.
Under the plan, the group plans to churn out 500,000 hydrogen vehicles in 2030. A hydrogen car is considered to be environmentally friendly since it emits only water vapor as it generates electricity. (Yonhap)