Feeling like a pioneer

A comfortable (yet still exciting) ride

Sven Geitmann loads an Hyundai Nexo
Loading a Nexo

So far, Hyundai has shipped a total of 10,000 Nexo cars. Since launching a fuel cell model in March 2018, the South Korean automaker has delivered more FCEVs than any other vehicle manufacturer in the world. This July alone, an additional 700 Nexo vehicles went to customers in South Korea and 89 were exported to countries around the world. H2-international was given the opportunity to test a Nexo car this summer. The conclusion: If it had a lower price tag and there was a fueling station nearby, the Nexo would be the perfect ride.

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Hydrogenics, Alstom and H2 Trains

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Historical prices from June 15, 2016 © wallstreet-online.de

If one takes into account order bookings, collaborations, product developments and prospective markets, buying shares of fuel cell companies looks ever more promising. But the capitalization of the market leaders in fuel cells described in this article amount to a mere USD 750 million – a stark contrast to Tesla, the electric car pioneer, which has a market cap of USD 34 billion. These companies may very well get closer over the coming years, if Tesla gradually loses in value while fuel cell shares increase considerably in price.

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