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UK plans $95 million hydrogen gigafactory to produce components for vehicles

by Editor July 19, 2022, 5:41 am 1.7k Views

UK plans $95 million hydrogen gigafactory to produce components for vehicles

A sign for a hydrogen fuel pump at a train refueling station in Germany. Hydrogen has a diverse range of applications and can be used in a number of industries.

Krisztian Bocsi | Bloomberg | Getty Images

A U.K.-headquartered firm said Monday it was building an £80 million ($95.9 million) “gigafactory” specializing in the manufacture of hydrogen fuel cell components, with operations planned to start in the first half of 2024.

In a statement,…

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