Latest news with #HyundaiNexo
Perth Now
6 days ago
- Automotive
- Perth Now
How Hyundai Australia's new boss plans to reverse Korean brand's sales slide
Hyundai Australia has a new boss – Don Romano – and his mission is simple: turn the brand's fortunes around amid an onslaught of new challenger brands and the looming threat of federal emissions regulations. Mr Romano turned down retirement to join the local arm of Hyundai as the first-ever non-Korean CEO seven weeks ago, after successfully heading up Hyundai Canada for 11 years. By his own admission, he has faced a multitude of challenges in his roles elsewhere, but none quite compare to what he's up against Down Under. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Current Hyundai models Credit: CarExpert In 2025, auto brands in Australia have to contend with a saturated market containing no fewer than 60 separate brands – dozens more than you'll find in other major markets – with many more to come. Hyundai was among the nation's top brands until a few years ago, selling in excess of 100,000 vehicles between 2014 and 2016, before its sales declined to about 75,000 in 2023 and then 71,664 in 2024, placing it sixth on the league ladder behind Toyota (241,296 sales), Ford (100,170), Mazda (95,987), sister brand Kia (81,787), and Mitsubishi (74,547). Additionally, this year marks the start of the New Vehicle Efficiency Standard (NVES), which includes a set of stringent emissions targets designed to reduce the carbon footprint of Australia's new vehicle market. 2026 Hyundai Palisade Credit: CarExpert Those factors, in combination with a host of other economic pressure points, render Australia a difficult place to do business according to Mr Romano. 'There's nothing quite like it – you're talking 70 brands, whereas the markets I've worked in have had anywhere from 20 to 30 brands,' said Mr Romano. 'So we definitely have a unique challenge here that we don't see in other markets. I think the challenge is greater, but you also have a few brands that are very dominant here, more dominant here than they are in other markets. They're more dominant even though you have more brands, which is very unusual to me. 2026 Hyundai Nexo Credit: CarExpert 'So the question is, how do you build a brand that can future proof itself sustainably against an onslaught of new entries?' 'When it comes to NVES, there's going to be a lot of brands that are going to start falling apart because they're burying their heads in the sand.' Mr Romano joins Hyundai Australia at an important juncture for the automaker, after annual sales declined by 4.7 per cent last year. Plans to reverse the trend include an injection of marketing investment, expansion of the model lineup, and a renewed focus on dealer engagement. 2025 Hyundai Ioniq 9 Credit: CarExpert Mr Romano will oversee the launch of several key models in the coming months and years, including the Inster compact electric vehicle (EV), the Ioniq 9 large electric SUV, and the next-generation Palisade large SUV and Nexo fuel-cell vehicle. Speaking with the media at the launch of the Inster, Hyundai's smallest and cheapest EV so far, Mr Romano said he planned to stop the sales decline and 'not to go right up to 100,000, but to start growing again'. 'I'm not going to commit to any number other than growth – we're not going to go backwards,' he said. 'We've been going back for five, six years and we need to turn that corner. We're going to do it this year, and we're going to start going the other way sustainably and cautiously, through good brand management and ultimately new products.' 2025 Hyundai Inster Credit: CarExpert However, Mr Romano said the required sales growth wouldn't come from new battery-electric like the Inster and Ioniq 9 alone. EVs accounted for just 3.7 per cent of Hyundai's Australian sales last year, with a total of 2665 sales across its Kona, Ioniq 5 and Ioniq 6 lines. The clock is ticking for Mr Romano, who expects to hold the Korean brand's local CEO role for no more than three years before transitioning towards retirement. 'We need to future-proof our business, and that's why I'm here,' he told CarExpert. MORE: Everything Hyundai
Time of India
15-05-2025
- Automotive
- Time of India
Adani flags off India's first Hydrogen-run truck: 40-tonne capacity, 200 km range!
Adani flags off India's first Hydrogen-run truck. Adani Group has flagged off India's first hydrogen-powered truck for mining logistics in Chhattisgarh. The vehicle, capable of carrying up to 40 tonnes of cargo, was flagged off by Chhattisgarh Chief Minister Vishnu Deo Sai in Raipur. It is set to transport coal from the Gare Pelma III Block to the state's power plant. The hydrogen-powered truck boasts a range of 200 km on a single refill. Equipped with three hydrogen tanks, the truck is designed to match diesel-powered heavy-duty vehicles in terms of load capacity and range while dramatically cutting down emissions. Unlike conventional diesel trucks that emit carbon dioxide and other pollutants, hydrogen fuel cell vehicles only produce water vapor and warm air, making them one of the cleanest alternatives in the commercial vehicle sector. How hydrogen fuel cells work Hydrogen fuel cells operate through an electrochemical process that converts hydrogen and oxygen into electricity, with water and heat as the only by-products. When hydrogen enters the fuel cell, it is split into protons and electrons. The protons pass through a membrane, while the electrons are forced through a circuit, creating electricity. This electricity powers the vehicle's electric motor, while the only emission is pure water. MG Windsor Pro EV Review: More Range, Tech, Safety | TOI Auto by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Get Ready for Extreme Weather [Shop Today] Trek Kit India Learn More Undo While Adani's hydrogen-powered truck is a first for Indian mining logistics, the technology is gaining momentum globally. Companies like Toyota, Hyundai, and Honda have already debuted hydrogen-powered passenger cars, such as the Toyota Mirai, Hyundai Nexo, and more. Stay tuned to TOI Auto for latest updates on the automotive sector and do follow us on our social media handles on Facebook, Instagram and X. Discover everything about the automotive world at Times of India .
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Business Standard
22-04-2025
- Automotive
- Business Standard
HMIL signs MoU with IOC to explore mass use of hydrogen fuel cell vehicle
Hyundai Motor India (HMIL) has signed a memorandum of understanding (MoU) with Indian Oil Corporation (IOC) to explore the viability of mass use of hydrogen fuel cell vehicles in India. As a part of the MoU, the South Korean carmaker has handed over one Hyundai Nexo — a hydrogen fuel cell electric vehicle — to Indian Oil for conducting real-world tests on Indian roads. In India, the Nexo made its debut at the Auto Expo 2020 and was showcased again at the Auto Expo 2023, highlighting Hyundai's interest in introducing hydrogen-powered vehicles to the Indian market. India currently does not have widespread hydrogen refuelling infrastructure. HMIL stated that, as per the MoU, the trial will go on for two years. During this period, HMIL and Indian Oil will evaluate the longevity and operational reliability of the Nexo over an estimated distance of 40,000 km. "A total cost of ownership (TCO) assessment, including periodic maintenance, will also be conducted to provide critical insights into the long-term economic and environmental benefits of adopting hydrogen-powered vehicles for the Indian market," the company informed. Unsoo Kim, managing director, HMIL, said: 'Together, we seek to unlock the potential of green hydrogen as a transformative energy source, making it accessible, affordable, and sustainable. We are confident this collaboration will serve as a critical step in demonstrating the potential of hydrogen as an alternate sustainable fuel source in the times to come.' Tata Motors, Ashok Leyland, and Mahindra & Mahindra are among the other leading Indian automotive companies exploring hydrogen fuel cell technology. Last month, Tata Motors began trials of India's first hydrogen-powered heavy-duty trucks. These trials will go on for 24 months. Ashok Leyland is also developing hydrogen-powered trucks, targeting a commercial launch by October 2026. Meanwhile, Mahindra & Mahindra was one of the early movers in this space, laying foundational work for future fuel cell electric vehicle (FCEV) advancements.
Hindustan Times
22-04-2025
- Automotive
- Hindustan Times
Hyundai NEXO to be used by Indian Oil to test Hydrogen cars in India, MoU signed
Hyundai and Indian Oil Corporation are collaborating to test the feasibility of hydrogen-powered vehicles in India. The Hyundai Nexo combines Hydrogen and Oxygen molecules to create electricity to propel the car. Hyundai Motor India Limited (HMIL) has partnered with Indian Oil Corporation Limited (IndianOil) to explore the future of hydrogen-powered vehicles in India. The two companies have signed a Memorandum of Understanding (MoU) to begin real-world testing of hydrogen fuel cell electric vehicles (FCEVs) on Indian roads. As part of the agreement, Hyundai has handed over one unit of its hydrogen-powered SUV, the Hyundai NEXO, to IndianOil. The vehicle will be tested over a period of two years, covering around 40,000 kilometres. The goal is to assess the vehicle's performance, reliability, and maintenance needs under Indian conditions. The trial will also include a Total Cost of Ownership (TCO) study to understand how affordable and efficient these hydrogen vehicles could be in the long run. The companies hope the data will provide useful insights into the economic and environmental benefits of hydrogen mobility. With this collaboration, Hyundai and IndianOil are aiming to pave the path for cleaner and more sustainable mobility in India. Also Read : Hyundai Motor Group unveils its next gen hybrid system. Will it power the upcoming Creta and Seltos? Future plans Hyundai isn't stopping here. The company is also working with the Indian Institute of Technology Madras (IIT Madras) to build a high-tech Hydrogen Innovation Centre. This centre will support startups and auto companies in testing their hydrogen-related technologies and components. It is expected to be a major hub for innovation in green hydrogen. Also watch: Hyundai Creta EV review | India's best-selling SUV goes electric | Range, Battery, Price expectation Why Hydrogen? Hydrogen fuel cell vehicles like the Hyundai NEXO generate electricity by combining hydrogen with oxygen. The only emission from the tailpipe is water vapour. These vehicles are seen as a promising solution for reducing carbon emissions and cutting down on fossil fuel use. Also Read : Two out of three Hyundai cars sold during FY25 in India were SUVs. Check details Commenting on the partnership, Unsoo Kim, the Managing Director of HMIL said, 'We aim to combine Hyundai's global hydrogen technology with India's energy expertise to make green hydrogen an affordable and sustainable solution. This partnership is an important step in showing the potential of hydrogen as a clean fuel for the future." Alok Sharma, the Director of R&D at IndianOil, added, 'Hydrogen fuel is key to India's clean energy future. Working with Hyundai will help us understand and develop fuel cell technology for greener transportation." Check out Upcoming EV Cars in India. First Published Date: 22 Apr 2025, 19:20 PM IST
Yahoo
03-04-2025
- Automotive
- Yahoo
Can the Latest Hyundai Nexo Offer Hydrogen EVs a Second Chance?
Hyundai's second-gen Nexo is its latest and coolest attempt at a hydrogen-powered vehicle. The SUV won't be for everyone, but it is undeniably cool. The styling comes almost fully intact from the Initium off-roader show vehicle, and the technology promises zero emissions without the charge times of a battery electric. The first-generation Hyundai Nexo, which went on sale in 2018, is one of the rarest vehicles of all in the U.S. The elegant styling hides a hydrogen fuel cell, which converts hydrogen fuel into electricity with water the only real tailpipe emission. It takes just a couple of minutes to fill the tank, and in the first-gen, you would get another 350 miles of range. But because there are only a handful of filling stations in the U.S., it's not exactly a hot seller. Hyundai, though, clearly believes in the tech. That's why it has just launched the much cooler second-generation Nexo FCEV (Fuel Cell Electric Vehicle). The new Nexo drops the sleek look for a more rugged and aggressive design. Hyundai describes it as 'art of steel.' We describe it as looking like a much cooler Kona or Ioniq 5 than the ones Hyundai offers — especially if you consider yourself to be an adventurer. Nexo, though, isn't about looks; it's about hydrogen and fuel cells. The latest generation has improved electronics and a fuel cell that can produce more power. The cell now makes 110 kW (148 horsepower), 16% more. The electric motor that drives the Nexo now makes 255 horsepower instead of 180. More power means Nexo can now do 0 to 62 mph in 7.8 seconds. Not quick by modern standards, but a second and a half quicker than the old one. And plenty quick compared with some of our own rigs. It can also tow 1 tonne, which is better than the previous figure of zero. Hyundai is targeting 434 miles from a fill-up of its tank. The system can hold up to 14.7 pounds of hydrogen in its storage tank. Just don't ask about the price, because that's more than $200 of hydrogen. Hey, it's still a developing fuel source, and at least it takes less than 5 minutes to completely fill it. Inside, most of the components are familiar Hyundai bits. The two large screens, wireless phone charging, and the vehicle-to-load function you'll find in the company's EVs that lets you power camp or job sites from your car. It has most of the compact crossover features you might expect, including a small but usable tow capacity and 35 cubic feet of storage space (enough, the brand says, for four golf bags). However, it doesn't have AWD, as that would cut into efficiency. The Korean automaker said that the new Nexo would go on sale 'in global markets.' The company hasn't confirmed if that includes the U.S. just yet, but did tell us to 'stay tuned for official news.' Which isn't a yes, but sort of is. 2025 Ioniq 5 Review: Hyundai Heads Off Road With XRT Model
