The Hyundai Nexo, an innovative hydrogen fuel cell vehicle, struggles to gain traction compared to its electric sibling, the Hyundai Ioniq 5. While the Nexo’s technology is advanced, its limited refueling infrastructure significantly impacts its appeal. In contrast, the Ioniq 5 benefits from widespread charging options, contributing to its far superior popularity and sales.
Challenges Facing the Hyundai Nexo
The Hyundai Nexo relies on hydrogen fuel cells, which necessitate refueling at specialized stations. Currently, these stations are predominantly located in California, with a few in other states and territories, such as a single station in Honolulu, Hawaii. This restricted availability makes owning a Nexo impractical for most U.S. residents, limiting its appeal compared to more accessible electric vehicles.
Success of the Hyundai Ioniq 5
In contrast, the Hyundai Ioniq 5 offers a conventional lithium-ion battery that can be charged at numerous locations nationwide. This flexibility makes it far more convenient for a broader audience, resulting in a notable increase in sales. With over 18,000 units sold this year alone, the Ioniq 5 outperforms the Nexo by a significant margin, demonstrating the advantages of widespread charging infrastructure.
Advantages and Disadvantages
Despite the Nexo’s impressive hydrogen refueling speed—just five minutes for a full tank—and its substantial range of up to 380 miles, it is overshadowed by the Ioniq 5’s broader appeal and lower cost. The Ioniq 5’s starting price is under $42,000, making it more affordable than the Nexo, which starts at over $60,000. While the Nexo excels in range and fast refueling, the Ioniq 5’s convenience and cost-effectiveness make it a more attractive option for many buyers.