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IPFS News Link • Transportation

Hyundai Is Coming For Nikola's Hydrogen Business. The Market Is Happy.

• By Al Root

ore capital investment heading into the growing hydrogen economy might be a boost for everyone. Still, investors are reacting with a little caution.

Korean auto giant Hyundai Motor (ticker: 005380.Korea) announced Tuesday it would make hydrogen fuel cell versions of all its commercial vehicles by 2028. What's more, it plans to introduce a new fuel cell system in 2023 and cut the cost of fuel cell vehicles...