Exports of Hydrogen-powered Fuel Cell EVs Plunge 74 Pct On-year in Jan.-May | Be Korea-savvy

Exports of Hydrogen-powered Fuel Cell EVs Plunge 74 Pct On-year in Jan.-May


This image provided by Hyundai Motor Co. shows the company's hydrogen fuel cell model Nexo. (Image courtesy of Yonhap)

This image provided by Hyundai Motor Co. shows the company’s hydrogen fuel cell model Nexo. (Image courtesy of Yonhap)

SEOUL, Jun. 14 (Korea Bizwire)Exports of hydrogen-powered fuel cell electric vehicles (FCEVs) plunged more than 70 percent on-year during the first five months of 2024, industry data showed Friday.

According to data from the Korea Automobile Manufacturers Association, the number of hydrogen-powered FCEVs shipped overseas during the January-May period reached 60 units, down 74.2 percent from 233 units in the same period last year.

Last month, in particular, the country’s exports of hydrogen-powered FCEVs dropped to zero.

Key models from South Korea include the hydrogen fuel cell Nexo SUV of Hyundai Motor Co. and the company’s Xcient heavy-duty truck.

(Yonhap) 

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