Hyundai Motor Company has revealed the main specifications and price of the hydrogen electric vehicle (FCEV) "the All-New Nexo (hereafter Nexo)" and will officially begin sales on the 10th.
This Nexo is a completely revamped model presented seven years after its first launch in March 2018. With a full charge, it can travel up to 720 kilometers in about 5 minutes, boasting a maximum motor output of 150 kW with high-efficiency power performance. Hyundai Motor Company noted, "It has the best-in-class safety and convenience features."
The Nexo will be expanded from a single trim to three trims. If tax benefits are applied, the sales prices are ▲Exclusive 76.44 million won ▲Exclusive Special 79.28 million won ▲Prestige 83.45 million won.
If one receives a government subsidy of 22.5 million won and a local government subsidy of approximately 7 million to 15 million won, the starting price can drop to as low as 38.94 million won.
Hyundai Motor Company also offers the "Nexo Everycare" service. When purchasing the Nexo, it will support hydrogen charging costs up to 55% for two years (up to 55,000 won per month). There is also a "trade-in" program that offers a discount of 3 million won to customers who purchase the new Nexo after selling their certified used Nexo.
In addition, services such as ▲"Emergency Delivery" that supports towing up to 100 km in case of insufficient hydrogen supply (twice a year for five years) ▲"Blue Safe Inspection," a free inspection service for 15 items (once a year for eight years) ▲standard parts warranty of 3 years or 60,000 km, and hydrogen electric vehicle-specific parts warranty of 10 years or 160,000 km are also provided. A "used car residual value guarantee" program that guarantees up to 68% of the purchase price within 3 years of the sale date is also in operation.
A Hyundai Motor Company official said, "The Nexo Everycare program, which will take responsibility for every experience with the Nexo, is expected to give a positive assurance to customers considering purchasing a hydrogen electric vehicle."