Is Hyundai Renewing Its Nexo Electric Vehicle?

Is Hyundai Renewing Its Nexo Electric Vehicle

Hyundai Nexois the company’s only hydrogen-powered fuel cell electric vehicle. It was first released in 2018, and the model you see on the roads now is its second generation. Midsize SUV, advanced autonomous driving technology and driver assistance systems. Plus WLTP rated 666 km range capacity exists.

The Nexo holds few driving endurance records for hydrogen-powered vehicles – it has been used continuously for 6 hours in freezing conditions and at an altitude of 2,200 m. in 2021 Hyundai Nexowas taken from Melbourne to Broken Hill in Australia for a distance of 887.5 km on a single charge, which is From the previous record also set by Nexo It was 100 km more.

Despite all the record and advanced technology, the car is sold as a niche vehicle and not at high enough volumes to be considered something else. Since going into production in 2018, Nexo has sold 31,995 units in Korea and 3,000 more vehicles abroad. of the 2024 renewalhad to address slow sales with a new redesign and improved technology.

Seems like Hyundai officially abandons Nexo – the new 2024 model is the same as the current model. Rumor has it that the refresh did not happen, the technology remained the same and if anything, Hyundai is reducing the number of available equipment. It seems this is the only version available as of now as 97% of customers prefer the Premium version with extra USB ports and the unique dehumidification system called After Blow.

hyundai nexo updates fuel cell

While the 800km version promised by Hyundai chairman Euisun Chung can’t be found anywhere, the EPA-rated 570km range hasn’t been touched. The Nexo will sell for €50,450 in Korea, but the actual price is much lower. The Korean government offers various subsidies for hydrogen-powered vehicles, and customers are expected to pay. actual price 26.800 €close to.

Disappointing news for Hyundai and the fuel cell electric vehicle is of particular interest to the hydrogen-powered vehicle market. In Korea, where fuel cell vehicles are promoted and heavily subsidized, only 1,914 units were sold in the first quarter of this year. Without any updates, the 2024 Nexo is essentially the same car that has been on sale for a while, and even substantial subsidies may not be enough to keep Hyundai’s hydrogen dream alive.

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