Air Liquide is powering Korea’s heavy duty hydrogen market development with high pressure filling centres and liquid hydrogen investment.
According to Korea’s Hydrogen Economy Roadmap, the country aims to produce 6.2 million fuel cell electric vehicles and have rolled out at least 1,200 hydrogen refueling stations by 2040. It also includes plans to ramp up hydrogen buses to 41,000 and outlines an objective to supply 15 GW of fuel cell power generation.
Together with multiple local partners, Air Liquide is developing the sector across the entire value chain: production, storage, distribution, application and several large scale projects.
In May, Air Liquide and Lotte Chemical entered a joint venture to scale-up the hydrogen supply chain for mobility markets in the country, and the companies will co-invest through the joint venture in a new generation of large scale hydrogen filling centers in Daesan and Ulsan, allowing them to serve three of the country’s most densely populated regions, including the Seoul metropolitan area.
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