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Hyundai Motor Group to invest $87B over next 5 years; 44 electrified vehicles; new EV development system; hydrogen plans

Green Car Congress

Hyundai Motor Group (HMG) will invest more than KRW100 trillion (US$87 billion) over next 5 years—KRW20 trillion (~US$17.4 Through the new EV architecture development system, Hyundai Motor Group will innovate its cost structure for electric vehicles by sharing components in their application to various models.

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SAE World Congress panel highlights progress on H2 infrastructure and fuel cell vehicle commercialization

Green Car Congress

Although the SAE World Congress has been running panel sessions on fuel cell vehicle commercialization since 2005, this year was the first in which three participating automakers—Toyota, Hyundai and Honda—had fuel cell vehicles that customers can buy now or within a year. Europe and Asia-Pacific are seeing faster growth.

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More details about California’s proposal requiring bidirectional charging capabilities for all EVs

Charged EVs

I think we have 22 or 24 buses in the San Diego area, and we have another deployment underway in the Los Angeles Unified School District, where we are initially deploying 24 as well. Kia, Hyundai will be launching bidirectional-capable vehicles. We are in the process of commissioning those charging stations right now.

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Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Hyundai will in months offer 2 models that will leap frog toyota and honda by years - it will be based on a lithium POLYMER battery thats lighter, cheaper, and maintains charge many times longer than NiCad batteries and all at a price half that of Volt.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Hyundai Partnering with Korean battery companies for hybrids. 9/4/07 Nick Reilly, the President of General Motors Asia Pacific, said that GM is looking at leasing batteries for the Volt to customers, rather than asking them to pay a prohibitive price for the new technology. Doubts PHEVs have environmental benefits.

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