[eye30]

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

[Doggie 1]

They've been doing it a while:

although Hyundai claims it has been developing components for electric vehicles since 1992)