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Hyundai to Invest $6.7B in Hydrogen

Hyundai's 2019 Nexo fuel cell vehicle is a central part of the company's hydrogen strategy.

Hyundai Motor Group plans to invest $6.7 billion in hydrogen fuel cell technology and hopes to produce 700,000 fuel cell systems each year by 2030. Hyundai, which owns about 33% of Kia Motor Corp., plans to install 500,000 of those in Hyundai and Kia vehicles.

Ghosn, Nissan Indicted in Japan

Japanese authorities have charged Nissan Motor Co. and its former chairman, Carlos Ghosn, with...

Nissan Motor Co. and its former chairman, Carlos Ghosn, have been formally charged with financial crimes in Japan. Authorities also indicted former representative director Greg Kelly, who was arrested along with Ghosn on charges that resulted from an internal investigation at Nissan.

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