Hyundai Mobis to open two new fuel cell plants in Korea

Hyundai Mobis will build two new fuel cell plants in Korea to accelerate the hydrogen economy and to secure its broader global market dominance.

The groundbreaking ceremony for the first of the new plants has already been held in Incheon, Korea. The new plants will start mass production in the second half of 2023. When fully operational, the facilities are expected to produce 100,000 hydrogen fuel cells every year.

Hyundai Mobis, with the largest fuel cell production capacity in the world, is expected to gain even greater momentum in the global race for hydrogen mobility with the addition of new production locations.

Once they are completed, Hyundai Mobis will operate a total of three fuel cells plants. In 2018, the company became the world's first to set up a complete production system from fuel cell stack to rest of electronic components in Chungju. The Chungju plant is capable of producing approximately 23,000 hydrogen cell systems a year.