Hyundai Mobis, along with Hyundai Motor and Hyundai Construction Equipment, has successfully developed a hydrogen-powered forklift.
The three companies announced the development yesterday, just seven months after the signing of a memorandum of understanding for the project.
In a statement, Hyundai said the forklift is medium-sized and can lift up to five tonnes of cargo. The forklift can operate continuously for five hours after a full charge.
Hyundai Construction Equipment designed and manufactured a body vehicle for the forklift. The company will also be in charge of comprehensive evaluation of the product.
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