Hyundai, Korean Gov't Team Up on Hybrid Car Production
Hyundai Motor and Kia Motors will start producing a limited number of hybrid automobiles exclusively for the Korean government early next year, investing $41 million.
Hyundai Motor and Kia Motors will start producing a limited number of hybrid
automobiles exclusively for the Korean government early next year.
The government and the auto industry are about to complete their testing and
researching of gasoline-electric cars this month, as part of the first phase of
launching the vehicle in Korea.
The government and industry began researching and developing the hybrid in
2004, sources say.
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