Exports of hydrogen-powered fuel cell electric vehicles (FCEVs) plunged more than 70 percent on-year during the first five months of 2024, industry data showed Friday.

According to data from the Korea Automobile Manufacturers Association, the number of hydrogen-powered FCEVs shipped overseas during the January-May period reached 60 units, down 74.2 percent from 233 units in the same period last year.

Last month, in particular, the country’s exports of hydrogen-powered FCEVs dropped to zero.

Key models from South Korea include the hydrogen fuel cell Nexo SUV of Hyundai Motor Co. and the company’s Xcient heavy-duty truck.

Source: Yonhap News Agency