Hyundai Motor has delivered seven Xcient Fuel Cell, the world’s first mass-produced fuel cell electric heavy-duty truck, to customers in Switzerland as it eyes global expansion.
The customers who received the first batch of Xcient Fuel Cell trucks were major Swiss retail and logistics firms, namely Coop, Migros, Travego, Galiker, Camion, Murpf, and Leclerc.
Hyundai Motor had shipped 10 Xcient Fuel Cell trucks from the Gwangyang Port, with the remaining three set for delivery to its clients by the end of the month.
The automaker, which is expanding the Xcient to North America and China, will export another 40 units to Switzerland this year.
The Xcient can run up to 400 kilometers on a single charge.
According to Lee In-cheol, executive vice president and head of the commercial vehicle division at Hyundai Motor, the delivery of the Xcient starts a new chapter in Hyundai's push for hydrogen and the global community’s use of this clean energy source.
Hyundai will provide the vehicles in Switzerland on a pay-per-use model, to reduce the initial cost burden for customers and hasten the process of establishing a foothold in Europe.
Hyundai will invest $1.3 billion to reach its goal of raising its production capacity of the Xcient Fuel Cell to 2,000 units per year by 2021, and in exporting 64,000 of the hydrogen-powered trucks by 2030.
The said $1.3 billion is in addition to the $6.4 billion it has invested in establishing a hydrogen ecosystem.


Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook
AstraZeneca Q1 2026 Earnings Surge on Strong Oncology and Rare Disease Drug Sales
Novartis Q1 2026 Earnings Miss Expectations as Generic Competition Pressures Sales
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth
Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat
Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand
Standard Chartered Q1 Profit Hits Record on Wealth and Investment Banking Growth
Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds
Ford Q1 Earnings Beat Expectations, Stock Surges on Strong Guidance
Nippon Express Stock Jumps as Elliott Investment Signals Strong Foreign Interest in Japan Logistics Sector
Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue
Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges
Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S.
Spirit Airlines Gains Key Creditor Support for $500M Bailout Deal
Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings 



