Hyundai to expand hydrogen bus supply in Busan

Hyundai Motor Company will strengthen cooperation with the Ministry of Environment and local governments to expand the supply of hydrogen buses within the ‘Buul-gyeong (Busan, Ulsan, Gyeongnam) hydrogen economy zone’.

Hyundai has signed the MoU with the Ministry of Environment, Busan City, Ulsan City, Gyeongnam Province, Gimhae City, Busan/Ulsan/Gyeongnam Bus Transportation Business Association to expand the supply of hydrogen buses in Busan.

Under the agreement, the parties plan to develop multi-faceted cooperation to develop related industries and the supply of hydrogen buses to the region as part of establishing the ‘Buul-gyeong-gyeong hydrogen economy zone’.

Specifically, the Ministry of Environment and each local government in the Seoul Metropolitan Government will promote the supply of more than 100 low-floor hydrogen buses’ Electric FCEV’ annually from this year to 2025 to these cities and provinces.

Hyundai Motor Company’s solid-state hydrogen bus pilot project, which will be released this year, is also scheduled. Hyundai Motor Company plans to operate this long-distance hydrogen bus with the Ministry of Environment and Seoul Metropolitan Government for about a month on regional and intercity bus routes and use it to accumulate data for product improvement.

In addition, the parties to the agreement decided to continue wide-ranging cooperation to revitalize the hydrogen ecosystem, such as discussing ways to build infrastructure in the Busan region.