Jan 15, 2021 01:42 PM (GMT+8) · EqualOcean
On January 15, Hyundai Motor Group announced that it had signed an investment agreement with Guangzhou Development Zone government to establish Hyundai automotive hydrogen fuel cell system (Guangzhou) Co., Ltd. in Guangzhou Development Zone. The new plant will be officially laid at the end of February 2021, and it is planned to put into mass production in the second half of 2022. The initial planning annual capacity is 6500 sets. The plant will mainly produce the hydrogen fuel cell system carried on the NEXO, and continuously expand the supply capacity according to China's policies and market conditions.