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Parts and materials technology development
Korea launches hydrogen economy drive to foster hydrogen-related businesses 2020-07-06
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Trade, Industry and Energy Minister Sung Yun-mo attended the 1st Hydrogen Economy Committee at KINTEX in Ilsan, Gyeonggi Province, on July 1, in the government’s efforts to boost the hydrogen industry and expand Korea’s leadership in the global hydrogen economy.


The government plans to foster 1,000 hydrogen-related firms by 2040, expand the supply of hydrogen fuel cell vehicles to 850,000 units and install 660 charging stations by 2030, and build two additional hydrogen cities through systematic operation of a hydrogen-based ecosystem.