Hyundai is set to produce its hydrogen-powered SUV, the Initium, which boasts a range of 404 miles per refueling, emphasizing a shift towards alternative eco-friendly vehicles.
Despite the push towards hydrogen vehicles, the market's growth is hampered by limited infrastructure, with only 59 hydrogen charging stations in the US, predominantly in California.
Hyundai plans to invest $4 billion in hydrogen vehicle technology to achieve carbon neutrality by 2045. However, the competition with electric vehicles remains a significant hurdle.
While hydrogen vehicles like the Initium show promise, the widespread acceptance is challenged by fewer manufacturers and the current dominance of gasoline-powered vehicles.
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