Hyundai Joins Shell's 'Project Neptune' For Hydrogen Infrastructure Development


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  • Hyundai Motor Company (OTC:HYMTF) announced Hyundai Motor North America (HMNA) has partnered with  Equilon Enterprises LLC (Shell Hydrogen) to encourage the growth of hydrogen refueling infrastructure in California.
  • The agreement, known as Project Neptune, supports Shell Hydrogen's construction of 48 additional and two upgraded hydrogen refueling stations across California beginning in 2021.
  • As its part, Hyundai has committed to fueling cell vehicle sales growth, supporting the expanding hydrogen infrastructure.
  • The new hydrogen stations will be partially funded by public funds from the California Energy Commission (CEC). 
  • In March 2021, Hyundai signed a new five-year Global Business Cooperation Agreement with Royal Dutch Shell plc (OTC:RYDAF) to expand collaboration on clean energy solutions.
  • Price Action: HYMTF shares are trading unchanged at $40.00 on the last check Friday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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