Re: Hyundai teases Hydrogen performance car Hyundai Reportedly Halts Development Of Hydrogen Technology.
Technical issues, lack of marketability, and the underdeveloped charging infrastructure are to blame. Quote:
It is believed a recent internal audit revealed the South Korean brand is unable to meet the original target in terms of production cost reductions. Apparently, the Genesis hydrogen car had been in development for over a year and was supposed to come to fruition in 2025.
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Aside from running into technical issues, other roadblocks are represented by the lack of marketability and the underdeveloped charging infrastructure. Sources close to the matter cited by the Korean daily newspaper claim the decision was taken last month after an in-house revision of the project. The fuel cell division has already been reorganized and the R&D team is now "greatly reduced."
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