Hyundai, on Monday, introduced its new hydrogen fuel-cell powered vehicle called Nexo at the 201 Consumer Electronics Show. This comes as a disparate step in the automobile market because most market players are focusing on accentuating the production of electric cars rather than energy-powered models like Nexo. The new Nexo is a sports utility vehicle that uses artificial intelligence, voice commands, and is capable of being transformed into an unmanned or autonomous car. It would be interesting to see the response of the competitors to this distinguished move by Hyundai.
Hyundai Claims of Increased Utility
The Vice President of Hyundai, Ki-Sang Lee believes that Nexo would go on to become a vehicle of immense utility in the future. The vehicles that is expected to be launched in California towards the end of 2018, could be an ardent addition to Hyundai’s portfolio. Although the competitors are showing a propensity towards battery-powered vehicles, Hyundai has stuck to hydrogen technology through Nexo. The company claims that the vehicle could be powered in extremely cold weathers which is a burning issue in the automotive industry. Furthermore, the range of the car has also been extended to 600 kilometers, i.e., 375 miles.
Limitations to Usage of Hydrogen Fuel-Cell Powered Vehicles
Although fuel cell technologies have been employed previously, the presence of certain factors could hinder growth of these vehicles. Primarily, the low number of hydrogen stations would create hassles during fueling the vehicle. Moreover, the low efficiency to produce fuel is also a threat to the growth of the market. The company, however, talked about the tendency of technological advancements towards optimum convenience and efficiency.