Hyundai’s Sleek New Nexo Targets 400-Mile Range, $23K Price with Subsidy

INITIUM / Photo courtesy of Hyundai Motor Company
INITIUM / Photo courtesy of Hyundai Motor Company

Excitement is building for Hyundai’s next-generation Nexo. Seven years in the making, the completely redesigned model will finally be revealed at the 2025 Seoul Mobility Show this April.

Industry insiders report that Hyundai is set to unveil a new version of the Nexo. Since its 2018 debut, Nexo has been central to mainstream hydrogen fuel cell adoption. The latest model aims to solidify Hyundai’s position in the hydrogen vehicle market with major upgrades in design and performance.

A Leap Forward in Design and Performance

INITIUM / Photo courtesy of Hyundai Motor Company
INITIUM / Photo courtesy of Hyundai Motor Company

The new Nexo’s exterior takes cues from last year’s hydrogen concept car, INITIUM, and promises similar performance improvements.

Following Hyundai’s new design philosophy, The Art of Steel, the upcoming Nexo features a bold, boxy silhouette. Hyundai’s signature pixel lamps and distinct door groove patterns enhance its futuristic and rugged appeal.

Although interior details haven’t been disclosed, expectations include a more spacious second row and upgraded comfort features like reclining seat adjustments.

INITIUM / Photo courtesy of Hyundai Motor Company
INITIUM / Photo courtesy of Hyundai Motor Company

The powertrain will be significantly improved. Hyundai noted that while the current Nexo offers a 609 km (378 mi) range and 151 horsepower, the new model is expected to exceed 650 km (404 mi) and deliver around 204 horsepower.

Additional features include vehicle-to-load (V2L) capability, next-generation infotainment, and the latest driver assistance systems.

Pricing is another highlight. The new Nexo is expected to start in the mid-to-high 60 million KRW range (approximately $45,000), potentially dropping to around 30 million KRW (approximately $23,000) with subsidies. This is lower than earlier estimates of 70 million KRW ($48,000), which could help expand hydrogen vehicle adoption.

Nexo: Powering the Hydrogen Ecosystem

INITIUM / Photo courtesy of Hyundai Motor Company
INITIUM / Photo courtesy of Hyundai Motor Company

With this new model, Hyundai aims to accelerate the adoption of hydrogen vehicles. It plays a key role in the company’s larger strategy to establish a full hydrogen ecosystem—from production and storage to transportation and utilization.

Hyundai plans to launch the new Nexo in Korea by late 2025, followed by North American and European rollouts. This move reinforces Hyundai’s 12-year leadership in the global hydrogen vehicle space.

This launch is more than a model refresh; it marks a significant step in Hyundai’s broader vision for future mobility.

Hurdles Ahead: Infrastructure and Demand

NEXO / Photo courtesy of Hyundai Motor Company
NEXO / Photo courtesy of Hyundai Motor Company

Challenges remain. Hydrogen vehicle sales have slowed, and charging infrastructure is still limited. According to the Ministry of Environment, there are only 10 hydrogen fueling stations in Seoul and 211 across South Korea.

An industry analyst commented that the new Nexo could reignite interest in hydrogen vehicles domestically. Hyundai’s technology and strategy might be critical in pushing hydrogen mobility into the mainstream and driving the global hydrogen economy forward.

With the new Nexo representing Hyundai’s technological vision and strategy, the company is making a bold bet on the future of hydrogen-powered transportation. All eyes are now on the market’s response.

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