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Hyundai Kia fuel cell cars "under $50,000".
Transportation, June 09 2010 (The Hydrogen Journal)
- Korean car manufacturer Hyundai Kia believes it can produce fuel cell cars for under $50,000 a year, according to Autocar Magazine.
“Toyota has a target to produce 50,000 fuel cell cars a year and expects to be able to price them at $50,000 and we’re confident we can beat it,” Byung Ki Ahn, general manager of Hyundai-Kia's fuel cell group, is quoted as saying.
The company is planning to produce one model within the next two years at a low volume. It will be a hydrogen powered version of an existing model.
“There are already agreements between car makers such as ourselves and legislators in Europe, North America and Japan to build up to the mass production of fuel cell cars by 2015," he said.
“Pilot-scale production of 1000 fuel cell cars a year will begin for us in two years."
“Our first cars won’t be fully commercialised [they will probably be leased , not bought outright] but they will allow us to make the final stages of development progress before we begin commercial production of around 10,000 hydrogen cars a year in 2015.”
