Hyundai's new hydrogen-powered auto will be called the Nexo

Hyundai Looks Ahead with Latest Hydrogen Vehicle

Called NEXO, the new vehicle represents the automaker's progress in embracing clean transportation.

Hyundai has revealed that its next-generation fuel cell electric vehicle will be called the Nexo and it will spearhead the Korean auto maker's efforts to introduce 18 eco-friendly cars to its lineup by 2025.

Currently, more carmakers are focussing on developing more electric vehicles but it doesn't mean EVs are the flawless replacement for gasoline and diesel.

Hyundai vice-chairman Yang Woong-chul said: "Hydrogen energy is the key to building a more sustainable society".

EVs require long hours to charge and it doesn't help with range anxiety. Hyundai Motor Company has already taken a lead in hydrogen technology with the introduction of the ix35 Fuel Cell.

Performance is still pretty average for the Nexo but this is still a good sign because it implies that FCEV is nearing a big volume push in the automotive industry.

Power-wise, the Nexo offers a 95-kW fuel cell and 40-kW battery pack. Nexo features a voice command system, artificial intelligence, and can be switched into an autonomous vehicle.

Featured Stock Overview: SunTrust Banks, Inc. (NYSE:STI)
Hence the difference between Predicted EPS and Actual EPS reported is $0.01/share which shows an Earnings Surprise of 1 Percent. The stock of NXP Semiconductors N.V. (NASDAQ:NXPI) earned "Hold" rating by KeyBanc Capital Markets on Wednesday, September 6.

The powertrain is lighter and has improved packaging and there are now three improved hydrogen storage tanks.

What makes Nexo unique is that it sits on a dedicated platform touted to be more efficient and compact, as well as quieter in operation.

As part of the company's recent line of so-called "eco-vehicles", Hyundai sees hydrogen as the future in this field.

The Nexo will be available in selected markets early this year - there's no word on pricing yet, or indeed if it will even come to the UK. Hyundai plans to release no fewer than 18 clean vehicles by 2025. Aside from California, the vehicle will most likely be available in South Korea, Australia, and a number of European countries.

If you had the chance, would you try a Hydrogen fuel cell-powered vehicle?

We only know that the 1st market will be American.

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