Hyundai has delayed the next generation of its Nexo hydrogen fuel cell vehicle, Reuters reported on Wednesday.
According to the report, the automaker had planned to start production and sales of the redesigned Nexo in the second half of 2023, but delayed the launch to 2024 due to problems with fuel cell development. .
According to the report, plans to launch fuel cell vehicles for the luxury brand Genesis are also on hold. Development of the first Genesis fuel cell vehicle is said to have been suspended late last year. Meanwhile, Genesis is moving forward with battery-powered vehicles, starting with the GV60 crossover in the United States.
Hyundai Nexo 2021
Launched in 2018, Nexo is Hyundai’s first dedicated fuel cell model, succeeding the Tucson Fuel Cell. It’s a very pleasant vehicle to drive, from what we foundand it even has Top safety pick + nod from the Insurance Institute for Highway Safety (IIHS).
But like other hydrogen-powered cars, the Nexo is a niche item. According to the report, Hyundai only sold 3,978 units in its home market of South Korea and exported 120 units from January to May this year. In the US, Nexo and other fuel cell vehicles are sold only in California because it is the only state deemed to have sufficient fuel infrastructure.
Even that limited infrastructure has been series of incidents and risks in 2020, this probably won’t help the redesigned Nexo case.
Hyundai Xcient Fuel Cell pickup truck to be used in California tests
And start with Launch of the HTWO . brandAt the end of 2020, Hyundai signaled a new push towards the use of fuel cells in buses, planes and trains. That includes test plans fuel cell best selling truck in California.
Meanwhile, Hyundai is pushing ahead with its plans for a significantly expanded line of electric vehicles, including Ioniq 6 was revealed earlier this week. The car company is aiming 7% of the global electric vehicle market by 2030 and want half of their US sales to be electric by that year.