Live
- Goa Aces clinch Indian Racing League title
- Study finds how hormone therapy can reshape the skeleton
- High-street fashion players looking at India for manufacturing: Report
- Shreyas Iyer to lead Mumbai as Prithvi Shaw returns for Syed Mushtaq Ali Trophy
- 'Failed to resolve crisis': NPP withdraws support from BJP govt in Manipur
- Chennai: Actress Kasturi Remanded in Custody Until 29th of This Month
- Aaqib Javed likely to become Pakistan's new white-ball head coach
- BJP panel to draft poll charge sheet against AAP govt in Delhi
- Allu Arjun Thanks Fans in Patna, Teases 'Pushpa 2' Release
- Japan to strengthen measures against illegal part-time jobs
Toyota pips Hyundai Motor to capture top spot in Q1 global hydrogen car sales
South Korea's top automaker Hyundai Motor has slipped to second place in global hydrogen vehicle sales in the first quarter (Q1), data showed on Monday.
Seoul : South Korea's top automaker Hyundai Motor has slipped to second place in global hydrogen vehicle sales in the first quarter (Q1), data showed on Monday.
The automaker sold 691 hydrogen fuel-cell electric vehicles (FCEVs) in global markets during the January-March period, recording a 66.2 per cent year-on-year drop, according to auto and energy industry tracker SNE Research.
Japanese automaker Toyota overtook Hyundai to the top place, selling 868 units, or 36.4 per cent of all hydrogen models sold worldwide, Yonhap News Agency reported.
The market share of Hyundai Motor, which sold 2,044 units in Q1 of last year, fell to 29 per cent. SNE Research attributed the sluggish sales of Hyundai's Nexo model to the overall decline in the company's hydrogen vehicle sales.
The drop in quarterly sales of Hyundai Motor came amid an overall growth decline in the hydrogen car segment. Global sales of all FCEVs during the three months under review amounted to 2,382 units, down 36.4 per cent from a year ago.
As per data, South Korea has been experiencing low sales of hydrogen cars since the sector's peak in 2022, as Hyundai's Nexo remains the only available consumer model while the issue of weak infrastructure remains unresolved.
