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Asharq Al-Awsat
Asharq Al-Awsat
Business
London - Asharq Al-Awsat

Hyundai Leads Hybrid Cars Market in First Quarter of 2022

A Hyundai Motor's NEXO hydrogen car is fueled at a hydrogen station in Seoul, South Korea, August 13, 2019. (Reuters)

Hyundai Motor has maintained its position as the world's leader of hydrogen fuel cell vehicle market in the first quarter of 2022.

South Korea's top automaker sold a total of 1,710 hydrogen cars so far in 2022, down 5.4 percent from the same period last year. However, despite the decline attributed to lower sales of its NEXO cars, Hyundai accounted for 43.4 percent of the 3,939 hydrogen vehicles sold globally in the first quarter, outperforming Toyota with 33.9%.

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