Hyundai Leads Hydrogen Economy Growth in Hong Kong

Hyundai Motor Group has announced a big partnership to build a complete hydrogen ecosystem in Hong Kong. The agreement was signed during the International Hydrogen Development Symposium 2026 held in Hong Kong from May 18 to May 20, 2026.

This project brings together companies from Korea, Hong Kong, China Mainland, and France to support clean energy development and improve hydrogen infrastructure in the region. Hyundai Motor Group also plans to use Hong Kong as an important base for expanding its hydrogen business across the Asia-Pacific market.

Focus on Clean Hydrogen Energy

Under this project, Hyundai Motor Group will focus on:

Producing low-carbon hydrogen
Developing hydrogen refueling stations
Deploying hydrogen-powered commercial vehicles

The company will use its Waste-to-Hydrogen (W2H) technology, which helps convert waste resources into clean hydrogen fuel. Hyundai already has experience with similar hydrogen projects in Korea and Indonesia.

Why Hong Kong Was Selected

Hyundai said Hong Kong has strong future potential for hydrogen energy because the city is aiming to achieve carbon neutrality by 2050. The Hong Kong government has also introduced its Hydrogen Roadmap along with support programs for hydrogen vehicles and infrastructure.

The company believes hydrogen can become an important clean energy solution for Hong Kong because the city depends heavily on imported energy and has limited renewable energy resources.

Hydrogen Buses and Refueling Stations

As part of the project, Hyundai plans to introduce hydrogen fuel cell buses in Hong Kong, including airport shuttle buses and tourism transport vehicles. The company will also develop hydrogen refueling stations at busy locations across the city. HTWO Guangzhou, Hyundai’s overseas fuel cell system facility, will supply fuel cell systems for these hydrogen commercial vehicles.

Partner Companies in the Project

Several international companies have joined this partnership to support different parts of the hydrogen ecosystem project.

Company	Origin	Role in the Project
Hyundai Motor Company	Korea	Project lead for W2H production, hydrogen refueling stations, and hydrogen commercial vehicle deployment
Hyundai Engineering & Construction	Korea	Design and establishment of Waste-to-Hydrogen production infrastructure
JEA ENG	Korea	Design and establishment of hydrogen refueling stations
The Hong Kong and China Gas Company Limited (Towngas)	Hong Kong	Strategic collaboration for hydrogen production, distribution, and utilization
Veolia Hong Kong Holding Ltd	France	Local support for W2H facility establishment
China Inspection Company Ltd.	Hong Kong	Regulatory guidance and product certification
Jiangsu Guofu Hydrogen Energy Equipment Co. Ltd. (GUOFUHEE)	Chinese Mainland	Supply of liquid hydrogen and technical guidance for refueling stations
Templewater Limited	Hong Kong	Advisory support for Asia-Pacific expansion and technology scouting
Chun Wo Construction & Engineering Company Limited	Hong Kong	Local support for refueling station construction
Chun Wo Bus Services Limited	Hong Kong	Hydrogen bus deployment and operation

Hyundai Showcases HTWO Platform

During the symposium, Hyundai Motor Group also showcased its hydrogen brand and business platform called HTWO. The platform focuses on hydrogen production, storage, transportation, refueling, and utilization technologies.

Future Plans

Hyundai Motor Group and its partners will now begin work on hydrogen production facilities and refueling infrastructure in Hong Kong. The company aims to make the city’s hydrogen ecosystem fully operational by the end of 2030.