2023 Hyundai Nexo Redesign, Price, and Release Date

2023 Hyundai Nexo – The Hyundai Nexo, which was introduced in January 2018, was Hyundai Motor Group’s technological wonder of the last decade. HMG plans to launch a large wave of BEVs on the E-GMP platform starting with the Ioniq 5 and the Genesis GV60. However, the company is still focusing on its standalone FCEV. According to estimates, the Hyundai Nexo accounted for 70% of the global FCEV market by 2020. The company is planning a major upgrade. HMG will use its third-generation fuel cells in the Nexo.

2023 Hyundai Nexo
2023 Hyundai Nexo

2023 Hyundai Nexo Review

Powertrain

Hyundai Motor Group presented its third-generation fuel cells system at the Hydrogen Wave event, on September 7, 2021. The company plans to make it commercially available in 2023. The company also plans to launch the Hyundai Nexo and Hyundai Staria Fuel cell MPV in the same year. In 2025, a large fuel cell SUV is planned. HMG’s third-generation fuel cell stack is available in two versions: 100 kW or 200 kW. The 100 kW version can be used for passenger cars, while the 200 kW version can be used for heavy-duty vehicles. The first version, which will be powering the 2023 Hyundai Nexo is 30% smaller than that of the second-generation Hyundai Nexo in 2018-2022.

Fuel Cell System

The Nexo’s 100 kW version of the third-generation fuel cells system is noticeably smaller than the Nexo system. We reduced its volume by 30% which in turn improves vehicle packaging. The Nexo’s 200 kW version of the third-generation fuel cells system is nearly the same size but produces twice as much. This version was designed for commercial trucks. Although the third-generation fuel cells system is still in prototype, it will be available for mass production. It will feature more precise specifications than what HMG displayed at Hydrogen Wave. It will last longer and be more durable. Current industry standards for fuel cell stack durability are 5,000 hours. This is similar to the 10-year lifespan of passenger cars. HMG expects a 50-100% increase in durability for its third-generation fuel cell system. HMG expects that the fuel cell stack’s price will drop by more than 50% over the next few years.

2023 Hyundai Nexo Interior
2023 Hyundai Nexo Interior

More Efficient

The 2023 Hyundai Nexo’s third-generation fuel cell stack will be much more efficient, resulting in a greater range. This could increase the range by as much as 500 miles. That’s a significant improvement on the current model. Moon Jae-in, the South Korean President, visited the Hyundai Motor Group Ulsan plant in October 2020 and spoke with company officials about the Hyundai Nexo. A company official told him that the Nexo, which is a hydrogen fuel cell electric crossover, can travel 609 km (378 mi) in one trip when he inquired about its range. The new Hyundai Nexo HMG will have a range of approximately 500 miles, which would be a major statement to the world that hydrogen fuel cell electric vehicles are the future. A 31% increase in the Hyundai Nexo’s range would mean a significant improvement of 378 to 497 miles. That would be nearly 500 miles.

2023 Hyundai Nexo Review
2023 Hyundai Nexo Review

2023 Hyundai Nexo For Sale

Hyundai Mobis will support product expansion by increasing fuel cell production capacity. Hyundai is developing more efficient hydrogen FCEV models. With an investment of USD 1.11 billion, it plans to open 2 new South Korean fuel cell plants. The new factories will be open for mass production in the second half of 2023. At full capacity, they should be capable of producing 100,000 hydrogen fuel cells per year. Hyundai Mobis celebrated the groundbreaking of a new plant to produce hydrogen fuel cell stacks at Incheon’s Incheon facility on October 7, 2021. In the meantime, Hyundai in the U.S. has signed an agreement called Project Neptune with Shell. It has committed to supporting California’s expansion of hydrogen refueling networks by increasing fuel cell vehicle sales. Shell intends to build 48 hydrogen refueling stations and upgrade two existing stations.