In 2030, the target production volume of hydrogen fuel cell vehicles was 500 thousand units for South Korean automobile conglomerate Hyundai Motor Group. The South Korean government was also actively encouraging companies to look towards developing hydrogen based technology in recent years.
Hyundai Motor Group's target production volume of hydrogen fuel cell vehicles (FCEV) from 2020 to 2030
(in 1,000 units)
Characteristic
Production volume in thousand units
2030
500
2025
130
2022
40
2020
11
0100200300400500600
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Bizwatch. (June 19, 2020). Hyundai Motor Group's target production volume of hydrogen fuel cell vehicles (FCEV) from 2020 to 2030 (in 1,000 units) [Graph]. In Statista. Retrieved May 07, 2025, from https://www.statista.com/statistics/1173467/hyundai-motor-group-target-fcev-production-volume/
Bizwatch. "Hyundai Motor Group's target production volume of hydrogen fuel cell vehicles (FCEV) from 2020 to 2030 (in 1,000 units)." Chart. June 19, 2020. Statista. Accessed May 07, 2025. https://www.statista.com/statistics/1173467/hyundai-motor-group-target-fcev-production-volume/
Bizwatch. (2020). Hyundai Motor Group's target production volume of hydrogen fuel cell vehicles (FCEV) from 2020 to 2030 (in 1,000 units). Statista. Statista Inc.. Accessed: May 07, 2025. https://www.statista.com/statistics/1173467/hyundai-motor-group-target-fcev-production-volume/
Bizwatch. "Hyundai Motor Group's Target Production Volume of Hydrogen Fuel Cell Vehicles (Fcev) from 2020 to 2030 (in 1,000 Units)." Statista, Statista Inc., 19 Jun 2020, https://www.statista.com/statistics/1173467/hyundai-motor-group-target-fcev-production-volume/
Bizwatch, Hyundai Motor Group's target production volume of hydrogen fuel cell vehicles (FCEV) from 2020 to 2030 (in 1,000 units) Statista, https://www.statista.com/statistics/1173467/hyundai-motor-group-target-fcev-production-volume/ (last visited May 07, 2025)
Hyundai Motor Group's target production volume of hydrogen fuel cell vehicles (FCEV) from 2020 to 2030 (in 1,000 units) [Graph], Bizwatch, June 19, 2020. [Online]. Available: https://www.statista.com/statistics/1173467/hyundai-motor-group-target-fcev-production-volume/
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