Hyundai Motor Group signs hydrogen ecosystem deal in Hong Kong
The consortium will develop waste-to-hydrogen facilities, build liquid hydrogen stations and introduce hydrogen-powered mobility.
Hyundai Motor Group has joined a ten-company consortium to develop a hydrogen ecosystem in Hong Kong, signing a multilateral memorandum of understanding at the International Hydrogen Development Symposium 2026.
The agreement brings together South Korean firms, including Hyundai Motor, Hyundai Engineering & Construction and JING, alongside Hong Kong, Chinese and international partners.
Under the deal, the consortium will develop waste-to-hydrogen facilities producing low-carbon hydrogen from landfill gas, build liquid hydrogen refueling stations and introduce hydrogen-powered mobility services. Liquid hydrogen storage offers higher energy density than gaseous alternatives, making it better suited to land-constrained urban environments.
"We will continue to expand cooperation and business opportunities across the Asia-Pacific hydrogen market, starting with Hong Kong," said Shin Seung-kyu, executive vice president for energy and hydrogen policy at Hyundai Motor Group.
Hong Kong imports approximately 98.7% of its primary energy, according to the city's Census and Statistics Department, and the government has been supporting hydrogen commercial vehicles and refueling infrastructure through its New Energy Transport Fund since updating its hydrogen roadmap in 2024.
Hyundai Motor will lead overall project coordination, covering production, refueling infrastructure and mobility supply, while Hyundai Engineering & Construction will design and build facilities adapted to Hong Kong's hot and humid climate.
The group has previously developed biogas-based hydrogen production sites in South Korea and applied a waste-to-hydrogen model in Indonesia, and established its first overseas hydrogen fuel cell production base, HTWO Guangzhou, in 2023.
