Business News | Hyundai Motor Group to Pioneer Hong Kong's Hydrogen Economy, Accelerating Asia-Pacific Expansion

Get latest articles and stories on Business at LatestLY. Seoul [South Korea]/ Hong Kong, May 18: Hyundai Motor Group (the Group) has forged an agreement with key Korean, Chinese Mainland, Hong Kong and French companies to establish a comprehensive hydrogen ecosystem in Hong Kong. Hyundai Motor Group and partners in Hong Kong sign agreement at International Hydrogen Development Symposium 2026 to accelerate development of Hong Kong's hydrogen ecosystem. The Group to leverage waste-to-hydrogen (W2H) model, building on expertise from Korean and Indonesian markets. Plan includes local production of low-carbon hydrogen, development and operation of liquid hydrogen refueling stations and deployment of hydrogen-powered commercial vehicles. Partnership creates a launchpad for hydrogen business expansion across the Asia-Pacific region.