- Apr 16, 2012
Hyundai will make 'limited' number of fuel-cell vehicles this year, 'thousands' by 2014
Hyundai has confirmed that it will make a "limited" number of hydrogen fuel-cell electric vehicles (FCEV) this year for testing purposes, with a goal of making as many as 10,000 FCEVs annually by 2015.
The South Korean automaker is testing an FCEV based on the Tucson crossover which will be part of test fleets around the world during the next couple of years. Hyundai wasn't specific about how many units of the Tucson ix Fuel Cell Electric Vehicle it will make this year.
The company is "willing to provide a sufficient number of FCEVs where hydrogen infrastructure is available during 2012-2015," Hyundai said in a statement sent to AutoblogGreen. "All we can say is that we have said we will make a limited supply in 2012, and anticipate thousands will be available globally through 2014."
Torque News reported that Hyundai would make as many as 1,000 FCEVs this year, and that the car would be priced at $88,550 before incentives and any tax credits. Hyundai is looking to cut that price to $50,000 by 2015, Torque News said.
Hyundai is among a number of automakers – Toyota, General Motors and Mercedes-Benz parent Daimler among the others – that have targeted 2015 for FCEV mass production. With such plans in place, Pike Research estimated late last year that a million FCEVs will be cumulatively sold by the end of the decade, down from Pike Research's previous estimate of about 2.8 million vehicles.