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Hyundai Motor expands partnership with US Government to support further exploration of hydrogen fuel cell technologies

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Hyundai Motor Company is expanding its partnership with the US Department of Energy (DOE) and its support of the DOE Hydrogen and Fuel Cells Program. Euisun Chung, Executive Vice Chairman of Hyundai Motor Group and Under Secretary of Energy Mark W. Hyundai provided its first NEXO SUV to the DOE in 2019. Kia Motors Corp.

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11 companies form new coalition to advance hydrogen policy in US; Toyota, Hyundai & Cummins

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Eleven companies have formed Hydrogen Forward , a new coalition focused on advancing hydrogen development in the United States. Hyundai, Linde, McDermott, Shell and Toyota—share a belief in the environmental and economic benefits of hydrogen technologies.

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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

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At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 trillion (US$85 billion) over the next 10 years, including KRW 35.8 trillion (US$27.8 billion) for electrification. Production.

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Hyundai Motor Group to invest $7.4B in US by 2025 for EVs, smart mobility, enhanced production

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Hyundai Motor Group (HMG), which includes Hyundai Motor Company and Kia Corporation, plans to invest $7.4 HMG’s investment will enhance overall product competitiveness by prioritizing future mobility technologies, including electrification and hydrogen energy. Urban Air Mobility (UAM), robotics and autonomous technologies.

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Hyundai and US DOE extend fuel cell vehicle loan partnership in concert with new DC-based hydrogen fueling station

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Hyundai and the US Department of Energy (DOE) are extending their fuel cell vehicle confirmation program, originally from 2013 through 2015, to a second phase, from 2016 through 2017. This phase of the program will make significant use of a newly-opened hydrogen refueling station in the Washington DC region. Earlier post.)

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DOE releases three reports showing strong growth in US fuel cell and hydrogen market

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The US Department of Energy (DOE) released three new reports showcasing strong growth across the US fuel cell and hydrogen technologies market. According to these reports, the US continues to be one of the world’s largest and fastest growing markets for fuel cell and hydrogen technologies. in Washington, D.C.

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DOE fuel cell technologies report finds largest growth in capacity in 2016 occurred in transportation

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However, transportation and energy storage are showing strength as emerging sectors for hydrogen and fuel cells with approximately 62,000 fuel cells and 500 MW in fuel cell power shipped worldwide in 2016— more than double the capacity of shipments in megawatts compared to 2014. and Denmark. and Denmark.

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