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Hyundai Motor's The All New Nexo Achieves 11% Cumulative Market Share in Japan Just 5 Months After Launch

(Seoul = Yonhap News) Reporter Jang Ha-na = Hyundai Motor, spearheaded by its hydrogen electric vehicle 'The All New Nexo' launched in Japan last April, is entering the Japanese taxi market, which has high entry barriers...

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Hyundai Motor's Nexo has achieved a 10.9% market share in the Japanese passenger hydrogen vehicle market. This success was achieved through a combination of strategies targeting the Japanese taxi industry and subsidies from local governments, and the rollout of hydrogen taxis is actively underway, centered around Tokyo and Aichi Prefecture.

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(Seoul = Yonhap News) Reporter Jang Ha-na = Hyundai Motor, spearheaded by its hydrogen electric vehicle 'The All New Nexo' launched in Japan last April, is entering the Japanese taxi market, which has high entry barriers...

·Seoul, Korea (the Republic of)
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[Digital Daily Reporter Chae Soo-woong] Hyundai Motor Company has set out to expand its presence in the Japanese passenger hydrogen electric vehicle market, spearheaded by its hydrogen electric vehicle, 'The all-new NEXO'. Hyundai Motor announced on the 8th that 'The all-new NEXO', launched in the Japanese market last April, recorded a cumulative market share of approximately 11% in the local passenger hydrogen electric vehicle market from Apri…

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Hyundai Motor's hydrogen fuel cell vehicle (FCEV), "The All-New Nexo," has achieved a double-digit market share in Japan's FCEV market just five months after its launch. Hyundai plans to target the Japanese market, primarily through taxis, to increase brand awareness and expand sales. On the 8th, citing data from the Japan Automobile Dealers Association, Hyundai announced that The All-New Nexo's cumulative market share in the Japanese passenger …

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Hyundai Motor's hydrogen electric vehicle, 'The All New Nexo,' has surpassed a 10% market share in the Japanese taxi market.

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asiae.co.kr broke the news on Thursday, October 8, 2026.
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