Korea’s Ministry of Knowledge Economy selects a consortium led by Hyundai to develop a midsize electric vehicle by 2014. The ministry says in a statement this week it plans to invest 70 billion won ($65 million) in the project, which will result in a commercially available midsize EV that will launch in the Korean market three years ahead of a previous target of 2017, which was announced last year. The ministry discloses that it signed a memorandum of understanding for the project with ...

Premium Content (PAID Subscription Required)

"Korean Ministry Taps Hyundai Consortium to Develop Midsize EV by 2014" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.