Hyundai to mass produce hybrid cars from 2009
On March 21, while accompanying South Korean President Lee Myung Bak on a Kia Motors´ plant tour, Hyundai-Kia Chairman Chung Mong Koo made a very interesting announcement. He said that, starting from 2009, eco-friendly Hyundai cars will enter mass production. “The importance of developing futuristic, environmentally-friendly cars is increasing for sustainable growth,” Chung said. “Therefore, technology for advanced cars, like the hybrid, is imperative. We also plan to produce a small fleet of fuel cell electric vehicles from 2012.”
Currently, Hyundai provides Accent hybrid models to government agencies as pilot projects and plans on starting mass production with the compact-sized LPG model, the Elantra LPI (Liqufied Petroleum Injection) hybrid, a car that uses both Liquefied Petroleum Gas and electricity. Hyundai also started development for mass producing Fuel Cell Electric Vehicles (FCEV) strating from 2012.
Check out the full press release after the jump.
Click here to read the full press release
| You might also like: | |
| Nu sunt articole asemanatoare |
Companies like Hyundai can’t compete with BWM or Audi but they definitely can grab the entry level with their low-priced cars and Hyundai’s plan about the mass production of hybrid cars is really worth to invest in. It will give Hyundai a new shift as after some 10 years the usage of fuel will be the key rather than the top speed.