Panoramic view of the HTWO Guangzhou plant (provided by Hyundai Motor Group)
HTWO Guangzhou, Hyundai Motor Group’s overseas hydrogen fuel cell system production base, has been selected in the hydrogen energy sector as an “industry chain leading enterprise” under the “First Batch of Leading Enterprises in Strategic Industrial Clusters” announced by the Guangzhou Municipal Bureau of Industry and Information Technology in China.
According to Hyundai Motor Group on the 28th, Guangzhou is designating industry chain leading enterprises with a focus on 14 strategic industries, including new energy such as hydrogen, new types of energy storage, smart connected vehicles, artificial intelligence (AI), and semiconductors. The title of industry chain leading enterprise is granted to core companies that spearhead reinforcement of industrial supply chains and the development of industrial ecosystems. HTWO Guangzhou has thus been recognized for its technological competitiveness and contribution to building the hydrogen industry ecosystem.
In particular, HTWO Guangzhou is the only foreign-invested company among the 96 enterprises selected this time. With this designation, HTWO Guangzhou will receive policy support from the Chinese government and is expected to play a role in areas such as △ fostering the hydrogen industry supply chain △ establishing the regional industrial ecosystem △ expanding cooperation on core technologies. It can also receive support from the Chinese government for research and development (R&D) and for building cooperative frameworks among industry, academia, and research institutions.
In the Chinese market, where more than 60 local and global fuel cell system companies compete, HTWO Guangzhou sold more than 900 commercial hydrogen electric vehicles in 2025. This ranks third in overall sales within China and first among foreign-invested companies. Choi Du-ha, General Manager of HTWO Guangzhou, said, “This is the result of recognition for HTWO Guangzhou’s contribution to the development of Guangzhou’s hydrogen industry and the establishment of a local cooperation ecosystem,” adding, “The company plans to expand participation in the ‘Comprehensive Hydrogen Energy Application Pilot Project’ that is set to be fully promoted in China, and further strengthen cooperation with local governments and partner companies.”
Byun Jong-guk
AI-translated with ChatGPT. Provided as is; original Korean text prevails.
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