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Exports of hydrogen-powered fuel cell EVs plunge 74% on-year in Jan.-May

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Hydrogen full cell Nexo SUV of Hyundai Motor is parked in front of a hydrogen charging station in Gangdong district, Seoul, in this undated photo provided by Courtesy of Hyundai Motor. Korea Times file

Hydrogen full cell Nexo SUV of Hyundai Motor is parked in front of a hydrogen charging station in Gangdong district, Seoul, in this undated photo provided by Courtesy of Hyundai Motor. Korea Times file

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 Korea include the hydrogen fuel cell Nexo SUV of Hyundai Motor and the company's Xcient heavy-duty truck. (Yonhap)



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