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South Korean conglomerates to invest $38 billion to boost hydrogen economy
South Korea
The move came on the back of the "Hydrogen Economy Promotion and Hydrogen Safety Management Act" (Hydrogen Economy Act) passing on 5 February, the world's first hydrogen law. The act covers activities in three main areas: hydrogen vehicles, charging stations, and fuel cells.
South Korean conglomerates to invest $38 billion to boost hydrogen economy
South Korean conglomerates, companies commit a combined $38 billion to boosting the country’s hydrogen economy.
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