Eco-friendly cars, coming right up from Kia and Hyundai!
SEOUL--Hyundai Motor Group plans to carry out a role-sharing between Hyundai Motor and its affiliate Kia Motors in developing eco-friendly cars.
Hyundai Motor will take on developing models of “plug-in hybrids,” which utilize rechargeable batteries, and hydrogen-powered “fuel cell vehicles,” group vice chairman Yang Woong-chul said.
He said Kia Motors will mainly focus on “electric drive vehicles” which use electric motors or traction motors for propulsion.
“Kia is set to launch sales of the TAM, an electric powered vehicle, as early as later this year,” he said. “We have the yearly sales target of 2,000 units and are considering exporting the vehicle.”
The project has been unveiled during the group executive's meeting with reporters at the Frankfurt Motor Show over the weekend...
Read more: http://www.chinapost.com.tw/business/company-focus/2011/09/21/317310/Hyundai-Kia.htm
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