Hyundai Motor's hydrogen energy dream is obstructed by the IRS and postpones entry into the US market

Hyundai's hydrogen plant in Georgia faces a 2-3-month extension due to an interruption in operation due to an IRS audit, although the plant has not been accused of any misconduct. The plant is key to Hyundai's U.S. hydrogen energy strategy, with a production capacity of 650,000 fuel cell systems each year, which is crucial to expanding production of passenger and commercial vehicles. The company is cooperating with relevant departments to resolve audit issues while maintaining its long-term hydrogen energy targets.