March 20, 2006
Hyundai to make hybrids and fuel-cell vehicles in China
Beijing, China – Hyundai Motor will introduce gasoline-electric hybrids by 2008 and fuel-cell vehicles by 2010 into the Chinese market, reports the Green Car Congress. The vehicles will be produced by Beijing Hyundai, the automaker’s joint venture with Beijing Automotive Industry Corp.; the hybrids are expected prior to the Beijing Olympic Games in 2008.
The company exhibited a mild-hybrid version of its Accent sedan in December 2005 at the Guangzhou International Automobile Exhibition, and will sell it later this year in Korea as a 2007 model. Beijing Hyundai, set up in 2002, plans to sell 300,000 cars this year, and is one of China’s fastest-growing car manufacturers.