Hyundai Nexo Takes Hyundai’s Global Fuel Cell Vehicle Market Share to 51.7%

By September 1, 2021 5   min read  (762 words)

September 1, 2021 |

Fuel Cells Works, Hyundai Overtakes Toyota in Hydrogen Fuel Cell Car Sales

The Hyundai Nexo is the world’s best-selling hydrogen fuel-cell electric vehicle today. The recent MY2021 update has helped maintain the lead.

Citing SNE Research, a report from Korea JoongAng Daily says that Hyundai enjoyed a 51.7% market share in the global FCEV market in H1 2021. Toyota, with its all-new Mirai, was in the second spot in H1 2021 – 40.79%. Honda, with its nearly six-year-old Clarity FCEV, had a 1.6% market share. The Japanese automaker is ceasing production of the Clarity Fuel Cell, along with the Clarity Plug-in Hybrid.

The fuel cell vehicle market share is a fraction of overall EV sales, but Hyundai’s SUV dominates that niche. Toyota’s fresh attack on the niche segment with its second-gen Mirai helped it overtake Hyundai and take the top spot in Q1 2021. However, the South Korean automaker regained its no.1 position in Q2 2021.

Overall, between January and June 2021, while Toyota sold 3,700 units, Hyundai delivered 4,700 units. The former recorded a whopping 735.1% year-over-year growth, while the latter recorded a 62.7% year-over-year growth. The report concludes that 9,000 FCEVs were registered globally in the first half of the year.

2021 Hyundai Nexo hits the S.Korean market

In January 2021, the Hyundai Nexo received its first upgrade since its launch in March 2018. The new Nexo offers more convenience and safety, and it is cheaper than the old model. The Nexo turned three in January, and it was expected to get a facelift this year. However, that’s not what the 2021 Hyundai Nexo is. It carries forward the original design, but the improvements are noteworthy.

2021 Hyundai Nexo instrument cluster 10.25 inch
The 2021 Hyundai Nexo has a new, 10-25-inch digital instrument cluster. Image: Hyundai Motor

The 2021 Hyundai Nexo has a 10.25-inch digital instrument cluster instead of the old model’s 8-inch unit. The wider display enhances driver visibility and brings the viewing experience closer to the latest industry standard. The new digital instrument cluster applies different color graphics for each drive mode (Normal/Eco/Eco+). The infotainment system is an updated unit that offers OTA update support for the navigation data.

Also new in the 2021 Hyundai Nexo is a water discharge function. There’s a new device that allows the driver to discharge the water from the exhaust. This way, the driver can ensure no waterlogging, leaving no chance of the stack-generated liquid byproduct freezing up during winter.

The 2021 Hyundai Nexo is a wee bit safer, too. The driver-side window and the front-passenger-side window now have an anti-pinch feature. Lastly, the new Nexo has improved voice recognition that allows controlling more functions, such as the seat/steering wheel/ORVM heating. Expect the new Nexo to reach the USA as an MY2022 model.

Nexo monthly sales cross 1,000 units the first time

In South Korea, the new Hyundai Nexo is up to KRW 1.25 million (about USD 1,100) cheaper. Prices start at KRW 67.65 million, which converts to approximately USD 60,000. Sales of the Nexo are rising in the brand’s home market in 2021, with 142 units sold in January, 568 units in February, 934 units in March, and 1,265 units in April. April was the first time when the monthly sales eclipsed 1,000 units. Monthly sales dropped to 756 units in June and then to 751 units in July.

New world record for the longest distance on a single tank

Hyundai is developing a next-generation Nexo with a far higher range expected to hit the market by mid-decade. The company is making strides with the current-gen model three years after its release as well. In one such instance, a team from its Australian subsidiary created a new world record for the longest distance traveled by a hydrogen-powered vehicle on a single tank.

Video Source: YouTube/Hyundai Australia

Australian Hyundai rally driver Brendan Reeves drove a stock Nexo from the Essendon Fields in Melbourne to Broken Hill and beyond, covering a distance of 887.5 km (551.5 miles) on a single tank. The previous world record was 778 km (483.4 miles), also achieved in a Nexo by Solar Impulse founder Bertrand in France in 2019. As per EPA estimates, the Hyundai Nexo range in the U.S. is 380 miles in the Blue trim (USD 58,935) and 354 miles in the Limited trim (USD 62,385).

Hyundai invests in hydrogen stations in the U.S.

Hyundai Motor Group plans to invest USD 7.4 billion in the U.S. by 2025 to gear up for the nation’s zero-emission future in the auto sector. While the BEV business may take up most of the investment, a considerable amount may improve the hydrogen ecosystem. In April 2021, the company expanded the availability of the Hyundai Nexo to San Diego County (via Hyundai Escondido).

Source: Topelectricsuv

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