"We call this the next future utility vehicles," said Hyundai vice president Ki-Sang Lee. Hyundai said it plans to sell the Nexo in California later this year, in a bet on hydrogen even as many rivals turn to battery power. The company said it resolved a number of issues in developing the Nexo, including starts in extreme cold weather and extending the range to nearly 600 kilometers (375 miles).
While a handful of companies have showcased fuel cell technology, obstacles include the lack of hydrogen stations and a low ratio of energy efficiency in producing fuel. "We all understand that technological challenges and innovations are a never-ending process that will continue until we realize a mobile society of maximum convenience, zero accidents and no emissions," vice chairman Woong-chul Yang.