Hyundai Mobis invests 1.09 billion US dollars in further fuel cell factories
3. February 2022Hyundai Mobis is investing the sum of 1.09 billion US dollars in further production facilities in Incheon and Ulsan for the manufacture of fuel cells. On 7 October 2021, Hyundai Mobis broke ground for a new factory in the High-Tech Industrial Complex of Cheongna International City in Incheon. The two plants in Incheon and Ulsan are expected to produce 100,000 fuel cells annually. Construction is expected to be completed in the second half of 2022. Series production of fuel cells is scheduled to start in the second half of 2023. The plant in Incheon is responsible for the production of the actual fuel cells and sends them to the plant in Ulsan, where the assembly of the modules takes place. Components and production parts for such fuel cells require KC certification to a large extent in order to be approved on the Korean market and to be imported into Korea.
Once the two new plants are completed, Hyundai Mobis will have a total of three fuel cell production facilities in South Korea. The company began the world’s first integrated fuel cell production at its Chungju, South Korea facility in 2018. Currently, the capacity of the plant there is 23,000 fuel cell modules annually. Once the Incheon and Ulsan sites come on stream, Hyundai Mobis’ annual capacity will grow to 123,000 modules. This would make Hyundai Mobis the world’s largest producer of fuel cells in terms of production capacity.
South Korea is considered one of the most important and innovative industrial nations in the world. In order to gain market access to this highly technological country, products imported into South Korea must be tested and certified. The KC mark or certificate is roughly equivalent to the European CE mark and applies to 730 different products. MPR International GmbH has solid experience in Korea certification and competent local partners. We will be pleased to advise you without obligation about the scope and procedure of a Korea certification.
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