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Hyundai eyes its second electric car in 2011

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Hyundai eyes its second electric car in 2011

SEOUL, Sept 14 | Tue Sep 14, 2010 3:30am EDT

(Reuters) - Hyundai Motor (005380.KS), South Korea's top carmaker, said on Tuesday it would launch its second pure electric car next year based on a small sports utility vehicle made by its affiliate Kia Motors (000270.KS).

Last week Hyundai unveiled its first pure electric car, BlueOn, which is based on its i10 hatchback, which will be rolled out in Korea this year. [iD:nTOE68803Q]

"We plan to produce 2,000 electric vehicles based on Kia's upcoming cross utility vehicles (CUVs), and 500 BlueOns by 2012," Hong John-hee, director of Hyundai Motor's Electric Vehicle Development Group, told reporters.

All of the 2,500 cars will be powered by SK Energy's (096770.KS) batteries, he said.

Hyundai plans to sell those vehicles only to government organizations in Korea by 2012, a Hyundai spokesperson said on Tuesday.

Commercial sales of Hyundai's electric vehicles will start in 2013, but which models will be sold in which markets has not been decided, the spokesperson said.

"There is a high possibility that the CUV model will be sold to the general customers starting in 2013," the spokesperson said.

Hong said Kia plans to introduce a gasoline-based CUV in September 2011, and Hyundai plans to launch an electric-version of the model in December that year.

The CUV-based electric vehicle can run 130 kilometers on a single charge, Hong said. The BlueOn can travel 140 kilometers on one charge.

He also expected prices of electric car batteries would fall "faster than expected," without elaborating.

Expensive electric car batteries have been cited as one of the biggest hurdles for the takeoff of the emerging market.

Seoul earlier announced its plan to replace 20 percent of the country's passenger cars with electric vehicles by 2020 with a goal of leading the emerging market.

LINK:

http://www.reuters.com/article/idUSTOE68805X20100914

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Kia to get a New All-Electric CUV by the end of 2011

WEDNESDAY, SEPTEMBER 15, 2010

The Hyundai Group is set to launch an all-electric version of an upcoming Kia CUV (not the study shown in the picture above) as early as December 2011. This follows closely on the reveal of the Hyundai i10-based BlueOn EV, the brand's first electric vehicle. The as-of-yet unseen Kia EV will have an effective range of 80 miles (130 km), with its gasoline-powered brethren set to go on sale three months earlier.

"We plan to produce 2,000 electric vehicles based on Kia's upcoming cross utility vehicles (CUVs), and 500 BlueOns by 2012." said Hong John-hee, Director of Hyundai Motor's Electric Vehicle Development Group.

Just don't expect to see Hyundai EVs on U.S. roads any time soon - all 2,500 vehicles are going to government organizations in South Korea.

Commercial sales are set to follow on in 2013, though Hyundai is still yet to decide what models will be sold and where.

"There is a high possibility that the CUV model will be sold to the general customers starting in 2013." a spokesperson said.

This news comes shortly after the South Korean government announced a plan to replace twenty percent of the country's passenger cars with electric vehicles by 2020.

link:

http://carscoop.blogspot.com/2010/09/kia-to-get-new-all-electric-cuv-by-end.html

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