South Korea: Hyundai for HEVs/FCEVs, Kia for EVs

Hyundai Motor will no longer develop and produce battery-electric vehicles, according to a report from the South Korean paper Chosun Ilbo from a press briefing at the Frankfurt Motor Show on 15 September. Yang Woong-chul, a vice president of Hyundai-Kia Automotive Group, said that Kia will focus on EVs, while Hyundai Subscribe to Automotive World to … Continued

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• September 20, 2011