• Oli Capital

Hyundai Motor Group, SK and POSCO to Increase Investment in Hydrogen

The Ministry of Trade, Industry and Energy announced on July 6 that the 17 member companies of the Korea H2 Business Summit have increased their planned investment in the hydrogen industry by 2030 by more than 7 trillion won to over 50 trillion won. According to the ministry, this is because the revised Economic Promotion and Safety Control of Hydrogen Act is scheduled to take effect within this year to eliminate uncertainties to a large extent.


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