Hyundai partners with TIDRI
Hyundai and Tsinghua Industry Development Research Institute (TIDRI) jointly announced the establishment of the Hydrogen Energy Fund.
The fund, expected to reach 100 million USD, will be raised and managed jointly by Hyundai and Yield Capital, an investment institution under TIDRI. It will be set up as soon as possible and launch foreign investment.
The fund will mainly target hydrogen-related infrastructure in South Korea and China, as well as start-ups with cutting-edge core technology in the field of hydrogen energy.
Ifeng website/ autohome website, October 30, 2018
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