Korea's MEA announced yesterday that it has succeeded in localising the production of a key fuel cell component, which it expects will reduce the overall cost in making fuel cell vehicles. Hyundai has been dependent entirely upon imports for its supply of membrane electrode assembly (Hyundai Motors), a core component of a fuel cell, however that will now change. "We have recently succeeded in developing our own Hyundai Motors after spending around 10 years in research," a Hyundai Motor official said. The new Hyundai Motors is reportedly better than the imports in terms of durability and performance, and is 13% cheaper than the imported product.
Korea's Hyundai Motors announced yesterday that it has succeeded in localising the production of a key fuel cell component, which it expects will reduce the overall cost in making fuel cell vehicles. Hyundai has been dependent entirely upon imports for its supply of membrane electrode assembly (MEA), a core component of a fuel cell, however that will now change. "We have recently succeeded in developing our own MEA after spending around 10 years in research," a Hyundai Motor official said. The new MEA is reportedly better than the imports in terms of durability and performance, and is 13% cheaper than the imported product.