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Mon Feb 4, 2019, 09:46 PM

Moon Jae-in: "it is crucial that we take an early leadership position in the global hydrogen market"



S. Korean President Moon Jae-in: "At the dawning of the era of the hydrogen economy, it is crucial that we take an early leadership position in the global market. Our goal is to be number one in the world market in both hydrogen powered cars and fuel cells by 2030"

Korea JoongAng Daily | 18 JAN 2019

The government hopes the so-called hydrogen economy will create 420,000 jobs by 2040.

On Thursday, the government laid out a roadmap to making hydrogen-related technologies a key new growth engine for Korea.

The government wants to boost the hydrogen economy, which is currently valued at 1 trillion won ($890 million), to 16 trillion won in 2022, 25 trillion won by 2030 and 43 trillion won by 2040. Jobs in the industry are supposed to grow from the current 10,000 to 100,000 in 2022 and 200,000 in 2030.

At an event in Ulsan attended by President Moon Jae-in, Trade, Industry and Energy Minister Sung Yun-mo and the Hyundai Motor Group heir apparent and vice chairman, Chung Eui-sun, the government described plans to raise the sales of hydrogen fuel cell electric vehicles (or FCEVs) to 810,000 units in total by 2022. That figure includes 670,000 sold in the local market and 14,000 units exported. This year alone, the government is hoping for more than 4,000 FCEV unit sales.


President Moon Jae-in listens to a Hyundai Motor manager explain hydrogen-powered vehicles and drones before attending an event on hydrogen power in Ulsan on Thursday.

The ultimate goal is to sell a total of 6.2 million units, with exports exceeding 3.3 million units. Last year, Korea sold a total of 1,800 units, half of which were exported.

The government said its 6.2 million vehicle sales goal by 2040 isn’t a huge stretch considering that FCEVs are a major global trend with China and California both raising their targets for hydrogen fueled vehicles on their road to 1 million. Japan has raised its target to 800,000 and Germany to 1.8 million by 2030. ..more: http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=3058325



Hyundai Hydrogen Electric NEXO achieves SAE Level 4 Autonomy. Other manufacturers are struggling with SAE Level 2.



Attention Elon Musk: Be Afraid of "Fool Cells". Very Afraid.

중국인들과 한국인들이 미국인들에게 다시 점심을 먹을 것입니다.

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Reply Moon Jae-in: "it is crucial that we take an early leadership position in the global hydrogen market" (Original post)
Aquila Feb 4 OP
quad489 Feb 4 #1
oflguy Feb 5 #2
Aquila Feb 5 #3

Response to Aquila (Original post)

Mon Feb 4, 2019, 11:08 PM

1. 43

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Response to Aquila (Original post)

Tue Feb 5, 2019, 01:41 PM

2. How is your hydrogen car doing?

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Response to Aquila (Original post)

Tue Feb 5, 2019, 07:27 PM

3. Eleanor Roosevelt was right about at least one thing

"Great minds discuss ideas; average minds discuss events; small minds discuss people."



One poster on this very thread doesn't have a comment about Korea or hydrogen, but yet they continue to post the same comment over and over and over again. In other "forums", this would be called spam, and the loser would either be forced to stop or be banned.

This insignificant poster may think he/she/it is intimidating, but nothing could be further from the truth. In fact, it is motivation for the next round of H2 posts. SEE: China





Remember kids-

위대한 마음이 아이디어를 토론합니다. 평균적인 마음은 사건을 토론합니다. 작은 마음 사람들을 논의

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