Toyota overtakes Hyundai in global fuel cell EV sales in Q1
Toyota Motor sold nearly 4,000 units of fuel cell electric vehicles (FCEV) in the first quarter, advancing 89.2 percent on-year, to beat erstwhile leader Hyundai Motor as the top global seller in the first quarter this year.
Hyundai Motor led the global FCEV market in 2020.
Toyota enjoyed a nearly six-fold surge in its FCEV sales in the first quarter to account for almost half of the total global sales.
It took 15.1 percent of the FCEV market share in 2020.
SNE Research attributed Toyota’s robust first-quarter sales to its launch of the second-generation Mirai, which had a complete makeover in appearance and performance.
The Mirai’s fuel storage capacity and driving range increased by 30 percent to around 650 kilometers for a single charge by adopting the GA-L power platform.
Hyundai Motor sold 1,800 FCEVs in the first quarter this year, for a 29.5 percent on-year increase with its release of the first-generation Nexo in