Hyundai and Kolon partner to advance Hydrogen Components for Future Mobility
17. April 2025Kolon Group and Hyundai Motor Co. have formed a strategic alliance to accelerate the development of hydrogen-based energy technologies, particularly components like pressure vessels. Through this collaboration, Hyundai has invested 20 billion won in Kolon Spaceworks, a subsidiary specializing in hydrogen mobility and composite materials. Kolon Spaceworks recently achieved international certification for a 54-liter hydrogen fuel tank, which strengthens its position in the high-pressure container market. This milestone allows the company to compete globally by validating its production capabilities. Certain components which are used for Hydrogen based energy technology, such as pressure vessels usually require KGS factory registration in order to be approved for import and sale in Korea.
Hyundai Motor Group’s participation includes the purchase of over 1 million new shares in Kolon Spaceworks, split between Hyundai and Kia at 12 billion and 8 billion won, respectively. The collaboration aims to leverage Kolon’s expertise in durable, heat-resistant materials—originally developed for aerospace and defense—for use in automotive applications such as hydrogen storage and battery protection. These developments support South Korea’s broader hydrogen economy initiative and reflect Hyundai’s significant commitment to sustainable transportation, including a domestic investment of 24.3 trillion won in technologies like electrification and hydrogen systems.
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