Hyundai Motor Group to build first overseas fuel cell system plant in China


Goandong city.

SEOUL, Jan 15 (Reuters): Hyundai Motor Group has signed an investment pact with the government of China's southern province of Guangdong to build its first overseas fuel cell system production plant in the country, the South Korean firm said on Friday.

Fuel cell vehicles are a niche technology amid concerns about a lack of fuelling stations, resale values and the risk of hydrogen explosions, although hailed by hydrogen backers who say the technology is cleaner than other carbon-cutting methods.

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