Hyundai Motor has achieved double-digit market share in the Japanese taxi sector following the launch of its hydrogen fuel cell vehicle 'Nexos.'
Key points
•Hyundai Nexos captures about 11% of the Japanese passenger hydrogen fuel cell vehicle market
•Vehicle features such as durability, long driving range, and spacious interior drive customer interest
•Market success aligns with Japan's policies to expand hydrogen mobility
The Nexos, introduced to the Japanese market in April, is gaining traction by addressing various mobility needs, including taxis, with its durability, long driving range, and spacious interior for passengers.
From April to August, the Nexos captured about 11% of the Japanese passenger hydrogen fuel cell vehicle market, with a total of around 20 vehicles sold. With additional deliveries expected, sales are anticipated to grow further.
The car's success is linked to Japan’s policies promoting hydrogen mobility, which aligns well with its features and helps boost its market share.