April 25, 2024

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[THE INVESTOR] Hyundai Motor on Jan. 9 unveiled its next-generation fuel cell electric vehicle NEXO at the Consumer Electronics Show in Las Vegas.

Hyundai introduced the NEXO packed with a more comprehensive range of new driver assistance technologies in its latest effort to compete against fuel cell rivals such as Toyota Motor’s Mirai and Honda Motor’s Clarity Fuel Cell, the company said in a statement.

The NEXO is one of 18 eco-friendly models Hyundai will introduce into global markets by 2025, having already kicked off with the Ioniq line of hybrid and plug-in models.

“Hydrogen energy is the key to building a more sustainable society. Hyundai has already taken a lead in hydrogen technology with the introduction of Tucson fuel cells,” Hyundai Motor Vice Chairman Yang Woong-chul said in the statement.

“As another part of this Earth-saving effort, I am so proud to introduce to you our second-generation fuel cell electric vehicle, which is the culmination of all (our) cutting-edge technologies.”

Hyundai plans to gradually place the NEXO in select markets from this year. The emission-free vehicle has an estimated driving range of at least 590 kilometers on a five-minute fill-up.  

The NEXO is equipped with a set of driver assistance technologies such as the Remote Smart Parking Assistant, the Lane Following System and the Highway Driving Assistant.

By Alex Lee and newswires (alexlee@heraldcorp.com)