Hyundai Debuts New Hydrogen Car in Bet on Clean-Fuel Future (1)

Hyundai Motor Co. unveiled a new hydrogen-powered vehicle called Initium, which it aims to release in the first half of next year as part of its broader push into the clean-burning gas.

The concept vehicle, unveiled Thursday, has a target driving range of over 650 kilometers (404 miles) on a single refueling, compared with 609 kilometers for the Nexo, the South Korean carmaker’s first hydrogen-based SUV, according to a statement. The vehicle can also be connected to a household’s electricity supply to act as a backup source of power, the company said.

While demand growth for electric vehicles is ...