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Hyundai Motor Co. is targeting sales of 10,100 Nexo hydrogen fuel cell electric vehicles in South Korea, mainly to public organizations and companies.
It sold 4,194 units in 2019.
The company has so far sold over 10,000 Nexo hydrogen fuel cell electric vehicles in South Korea since its launch in early 2018.
On top of its local sales, Hyundai has so far exported 1,841 Nexos since March 2018.
Hyundai is slated to develop more hydrogen-powered commercial vehicles, such as buses and trucks to fortify its leading position in hydrogen vehicles.
It has recently begun exporting hydrogen-powered trucks and buses.
The company would build a production facility capable of manufacturing 50,000 hydrogen-powered vehicles a year by 2030.
Hyundai also targets annual global sales of 200,000 hydrogen fuel cell systems a year during the same
