The Original i30 Owners Club
OFF TOPIC => WORLD NEWS => Motoring => Topic started by: eye30 on April 03, 2012, 19:48:43
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http://www.greenchipstocks.com/articles/hyundai-electric-car-batteries/1703 (http://www.greenchipstocks.com/articles/hyundai-electric-car-batteries/1703)
Hyundai Heavy Industries and Canadian auto parts maker Magna E-Car Systems have just agreed to a $200 million joint venture to develop the next generation of long-range lithium ion batteries.
Hyundai’s ultimate target is a 30% share of the electric car market in Europe and North America
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They've been doing it a while:
although Hyundai claims it has been developing components for electric vehicles since 1992)