S h a r e
Who put the high price in Hydrogen?


Posted by
Martin Brown
May 2015
I spluttered into my cornflakes when I first saw the cost of the new Hyundai ix35 Fuel Cell.
It’s just over £53k (and that’s with the help of a grant from the HyFive consortium, who are dedicated to promoting hydrogen technology).
Will anyone want one of these terrific and innovative cars at this price (as I clear up the golden flakes from the breakfast table)? Really?
But hold on a second. New technology always comes to the car industry at a high price but works its way downwards as adoption quickens and the cost of production comes down.
New technology always come to the car industry at a high price.
It was only a few years ago that people were admiring the abilities of the Volvo V60 plug-in hybrid (four-wheel drive, 0-62mph in 5.8s, electric only drive ability, 48g/km) but questioning its pricing (only slightly shy of the Hyundai as it happens).
But for those involved in green industries it was a no-brainer, especially if they cash-rich enough to buy the car outright and take advantage of 100% write down allowances.
It was a car they wanted for all the right reasons.
And I think that’s the same with the new Hyundai ix35 Fuel Cell. I’m very excited by this technology. The car produces zero tailpipe emissions and yet has a range of over 350 miles – compare that to a zero tailpipe emission electric car.
And yet the driving experience is brilliant: on-off torque (like an EV) but with the high up driving experience of an SUV and quietness of no internal combustion engine. It’s really very relaxing.
It’s a fact that’s been picked up by green campaigners Go Ultra Low who says its latest research reveals most drivers believe a quieter cabin would help reduce stress and improve their general mood.
If you’re used to driving diesels you’ll be amazed at the difference.
The Hyundai ix35 Fuel Cell is the first production hydrogen car on the market; Toyota will follow shortly with the Mirai. And more will arrive as the hydrogen refuelling infrastructure improves.
New tech is always expensive; it might not be your company car of today – but it wouldn’t surprise me if it wasn’t on your shopping list in the future.
You also might like…
If you liked this article then check out our posts about similar topics
What makes Fleet Alliance a winner in the SME fleet sector?
We all like an award, an additional trophy for the cabinet - the recognition is important and it’s always good to rece...
10 great cars to have on salary sacrifice 2025
Employers and employees are really catching on to salary sacrifice because you can drive a brand new electric car (EV) a...
How changes to the ZEV mandate can help on the decarbonisation journey
With media headlines stuffed full of tariffs and their impacts on the UK and the world economy, it is perhaps little won...
Is an electric car on salary sacrifice too good to be true?
Short answer: no But you probably want something more reassuring than that So let’s go If you were to lease an e...
Changes to Vehicle Excise Duty and the Luxury Car Tax for electric cars
Electric car (EV) customers need to be aware of two important changes to Vehicle Excise Duty (VED) - more commonly known...
An opportunity for fleets to electrify vans
Cars have been the easy part of fleet decarbonisation Conducive benefit-in-kind taxation has persuaded company car drive...
Volvo ES90 Review: The Future of Electric Luxury
The electric revolution shows no sign of slowing, and Volvo is making its next decisive move with the all-new ES90 – a...
Make your fleet run like clockwork
Imagine a fleet that runs like clockwork—where leasing and sub-contractor costs are under control, and managing everyt...
Ready to make the management of your fleet more efficient?
Request a call back