Hyundai Motor, China's university institute launch fund for hydrogen tech investment

          Source: Xinhua| 2018-10-29 16:43:14|Editor: Liangyu
          Video PlayerClose

          SEOUL, Oct. 29 (Xinhua) -- South Korea's biggest automaker, Hyundai Motor, said Monday that it has jointly launched with a Chinese university institute the fund to invest in hydrogen technology.

          Hyundai said in a statement that it has partnered with the Beijing-Tsinghua Industrial R&D, an institute of the Tsinghua University, to set up the Hydrogen Energy Fund that will invest in innovative startups in the hydrogen and related technologies.

          Yield Capital, an investment unit of the Chinese institute, and Hyundai will jointly raise funds and manage them.

          The fund aimed to raise a total of 100 million U.S. dollars from venture capitalists in Asia, Europe and North America, the South Korean company said.

          Hyundai and its Chinese partners will decide on investment targets through an in-depth analysis of future growth, using their technological prowess in hydrogen electric vehicles and their ample expertise on the hydrogen industry, the company noted.

          TOP STORIES
          EDITOR’S CHOICE
          MOST VIEWED
          EXPLORE XINHUANET
          010020070750000000000000011100001375667741
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  亚洲中文欧美日韩在线 | 亚洲日韩欧美黑人专区 | 亚州性视频在线 | 亚洲国产第一福利一区二区 | 亚洲日韩在线第二页 | 日本美女一级视频 |