Toyota Motor sold nearly 4,000 units of fuel cell electric vehicles (FCEV) in the first quarter, advancing 89.2 percent on-year, to beat erstwhile leader Hyundai Motor as the top global seller in the first quarter this year.
Hyundai Motor led the global FCEV market in 2020.
Toyota enjoyed a nearly six-fold surge in its FCEV sales in the first quarter to account for almost half of the total global sales.
It took 15.1 percent of the FCEV market share in 2020.
SNE Research attributed Toyota’s robust first-quarter sales to its launch of the second-generation Mirai, which had a complete makeover in appearance and performance.
The Mirai’s fuel storage capacity and driving range increased by 30 percent to around 650 kilometers for a single charge by adopting the GA-L power platform.
Hyundai Motor sold 1,800 FCEVs in the first quarter this year, for a 29.5 percent on-year increase with its release of the first-generation Nexo in


Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment
Australian Household Spending Dips in December as RBA Tightens Policy
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
U.S. Stock Futures Rise as Markets Brace for Jobs and Inflation Data
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Samsung Electronics Shares Jump on HBM4 Mass Production Report
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 



