Hyundai beat their Japanese competitors for global hydrogen vehicle sales during the January-August period, according to a market research firm.
Hyundai sold 7,410 hydrogen fuel cell electric vehicles (FCEVs) in the global market in an eight-month period, a 26 percent jump from 5,873 units sold during the same period last year, SNE Research said in a statement, citing data from the Global FCEV Monthly Tracker.
The hydrogen model maker Nexo accounted for nearly 60 percent of the global hydrogen-powered vehicle market in the first eight months, the statement said.
The automaker’s focus on pure electric vehicles, chip shortages and the ongoing Russia-Ukraine war remain major concerns for hydrogen car sales, Hyundai said.
Toyota Motors Corp. was in second place with 2,561 FCEV sales in the first eight months, down 42 percent from 4,406 units a year earlier.
The Japanese automaker took up 21 percent of the hydrogen car market during the mentioned period.
Honda Motor Co. came in third with sales of 209 FCEVs, up 17 percent from 178 the previous year.
From January to August, global hydrogen car sales rose 11 percent to a total of 12,407 units from 11,198 last year, the statement said.
