Hyperdrive

Hyundai Debuts New Hydrogen Car in Bet on Clean-Fuel Future

  • New fuel-cell concept car revealed after 2018 release of Nexo
  • Hyundai to invest $4 billion over next decade toward hydrogen
The Hyundai InitiumPhotographer: SeongJoon Cho/Bloomberg
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Hyundai Motor Co. unveiled a new hydrogen-powered vehicle called Initium, which it aims to release in the first half of next year as part of its broader push into the clean-burning gas.

The concept vehicle, unveiled Thursday, has a target driving range of over 650 kilometers (404 miles) on a single refueling, compared with 609 kilometers for the Nexo, the South Korean carmaker’s first hydrogen-based SUV, according to a statement. The vehicle can also be connected to a household’s electricity supply to act as a backup source of power, the company said.