Hyundai Motor Group Expands Hydrogen Ecosystem Development in Hong Kong

Hyundai Motor Group has entered into a multi-party agreement with companies from Korea, Hong Kong, China and France to support the development of a hydrogen ecosystem in Hong Kong. The agreement was announced during the International Hydrogen Development Symposium 2026 and represents another step in the company’s broader strategy to expand its hydrogen operations across the Asia-Pacific region. The initiative will focus on creating a low-carbon hydrogen supply chain using landfill gas while also supporting hydrogen-powered transport infrastructure and commercial mobility solutions in the region.

The memorandum of understanding follows a hydrogen policy cooperation agreement between the governments of Korea and Hong Kong. Under the proposed framework, Hyundai plans to establish a waste-to-hydrogen model that converts landfill gas into locally produced low-carbon hydrogen. The company stated that Hong Kong’s heavy dependence on imported energy and its limited renewable power generation capacity create a strong opportunity for hydrogen to emerge as an alternative fuel source under the city’s Climate Action Plan 2050.

Key Components of the Hong Kong Hydrogen Project

The hydrogen ecosystem initiative will include multiple infrastructure and mobility development activities across the value chain. Hyundai confirmed that the project will cover hydrogen production, refuelling infrastructure and hydrogen-powered transportation deployment. Commercial vehicles planned under the project include airport shuttle buses and tour buses operating on hydrogen fuel-cell systems supplied through HTWO Guangzhou, the group’s overseas fuel-cell production facility located in China.

Companies Participating in the Hydrogen Value Chain

The project involves 10 companies operating across different areas of the hydrogen ecosystem. Hyundai Motor Company will oversee overall project execution, while Hyundai Engineering & Construction and JEA ENG will support hydrogen production systems and refuelling infrastructure deployment. Additional partners participating in the initiative include The Hong Kong and China Gas Company, Veolia Hong Kong Holding, Jiangsu Guofu Hydrogen Energy Equipment and Chun Wo Bus Services. The collaboration is designed to integrate expertise across engineering, infrastructure, transport operations and hydrogen technologies.

Project Timeline and Development Targets

According to Hyundai, the first phase of the initiative will focus on establishing waste-to-hydrogen production facilities along with the initial hydrogen refuelling infrastructure network. Site confirmation activities are expected to be completed by 2027, after which facility design and development work will begin. The broader hydrogen ecosystem, including commercial vehicle deployment and infrastructure operations, is targeted to become operational before the end of 2030.

Seung Kyu Shin, executive vice president and head of energy and hydrogen policy at Hyundai Motor Group, stated that the agreement reflects the company’s commitment to supporting Hong Kong’s hydrogen policies and accelerating the growth of the local hydrogen ecosystem. Hyundai continues to position hydrogen as a strategic pillar for future mobility and low-carbon transportation development across multiple international markets.

Frequently Asked Questions

What is Hyundai Motor Group planning to develop in Hong Kong?
Hyundai Motor Group plans to develop a hydrogen ecosystem in Hong Kong focused on low-carbon hydrogen production and commercial transportation applications. The project includes waste-to-hydrogen facilities that will convert landfill gas into hydrogen, along with hydrogen refuelling infrastructure and hydrogen-powered commercial vehicles such as airport shuttle buses and tour buses. The initiative is part of Hyundai’s broader hydrogen business expansion strategy across the Asia-Pacific region and is expected to become operational by the end of 2030.

Which companies are participating in the Hong Kong hydrogen project?
The Hong Kong hydrogen ecosystem initiative involves multiple companies operating across the hydrogen value chain. Hyundai Motor Company will lead overall project execution, while Hyundai Engineering & Construction and JEA ENG will support infrastructure and hydrogen production activities. Other participating companies include The Hong Kong and China Gas Company, Veolia Hong Kong Holding, Jiangsu Guofu Hydrogen Energy Equipment and Chun Wo Bus Services. The project also includes fuel-cell supply support from HTWO Guangzhou in China.