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south-korea-unveils-hydrogen-economy-plans
south-korea-unveils-hydrogen-economy-plans

South Korea unveils hydrogen economy plans

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Ambitious plans to have 80,000 hydrogen (H2)-powered fuel cell vehicles on South Korea’s roads by 2022 were unveiled by President Moon Jae-in today as he announced his government’s determination to build a so-called H2 economy.

The South Korean Government sees H2 as a new engine for economic growth and central in the country’s shift to a low-carbon economy in the long term.

At a government-led event in the southeastern city of Ulsan today, Moon announced a road map which would see the country produce 6.2 million units of fuel cell electric vehicles and build 1,200 refuelling stations by 2040.

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