South Korea plans to build more hydrogen production facilities in Busan, Daejeon, and three other cities that could power 49,000 cars or 760 buses annually.
The facilities would utilize liquefied natural gas to produce 7,400 tons of hydrogen every year.
The move is in pursuance of the country's latest green energy vision that would break away from using fossil fuels and promote hydrogen fuel cell automobiles.
South Korea plans to increase the number of hydrogen passenger cars running in the streets to 15,158 units by the end of 2020 and to have 2.7 million of such automobiles by 2040.
The number of charging stations for hydrogen-powered will be increased from 34 in 2019, to around 350 by 2022, and 1,200 in 2040.


Moderna Short Sellers Hit With $4.8 Billion Loss as Stock Soars
Nordson Stock Rises as Q3 Earnings Beat Estimates, Outlook Raised
BofA Sees Micron EPS Topping $230 by 2030, Backs Major Stock Upside
Shein Targets $26B-$27B Valuation for Hong Kong IPO
Lockheed Martin Secures $153.5 Million in U.S. Defense Contracts
SK Hynix Shares Surge on Record $28.6 Billion Buyback
Toyota, Honda Shares Rise on Possible U.S.-Canada Auto Tariff Cut
Anthropic Revenue Run Rate Hits $65 Billion as IPO Plans Accelerate
SEC Sues Former Tricolor Executives Over $1.9 Billion Investor Fraud Scheme
Unitree Robotics Shares Soar Over 600% in Shanghai Market Debut
Schott Pharma Stock Rises as Barclays Upgrades Rating on Growth Outlook
Sun Pharma Wins U.S. Appeal in Pfizer Lipitor Antitrust Case
OpenAI Tightens AI Safety Monitoring After Security Incidents
OpenAI Revenue Rises 18% in Q2 as Losses Widen and Anthropic Surges Ahead
Goldman Sachs Names 9 Top Japanese Semiconductor and Electronics Stocks
Baidu Shares Sink to One-Year Low as Ad Weakness Overshadows AI Growth
Google to Buy Spirit Airlines Business Data for $10 Million to Train AI 



