Hyundai Readying Korea's First Hybrid - 24 volt lifepo4 battery pack

Amid record-
High oil prices, every automaker wants to be the first to assemble commercially viable electric cars.
Seoul authorities took a step toward that goal on Monday, saying Hyundai's first South Korean hybrid car will be sold in South Korea next year.
South Korea's Ministry of Knowledge Economy revealed on Monday that Hyundai will test drive its Avante's latest hybrid model, a compact car known as Hyundai elante in Australia, reported by South Korean reporters on Monday, lithium ion rechargeable battery packs are used in North America and Europe.
Yonhap said that hybrid Avante is the first hybrid car designed by the South Korean auto industry and is expected to be sold in the domestic market in 2009.
39 health departments have been injected.
3 billion won ($37.
7 million) since 2003, supporting enterprises in the development of lithium-ion and lithium-ion polymer battery technology for hybrid electric vehicles, the internal combustion engine of the new car is running on liquefied petroleum gas, compared with ordinary engines, fuel savings of up to 35% can be achieved.
The new model can also reach a mileage of 16 kilometers.
1 kilometer per liter of gasoline (37.
9 miles per gallon, 10 miles.
5 kilometers/liter (24.
Yonhap added that it is seven miles for traditional cars.
If Hyundai really was able to launch its hybrid electric vehicle in 2009, it could beat GM and Mitsubishi in the electric car race.
GM now plans to plug it
In the United States, on hybrid cars, voltageS.
In November 2010, Mitsubishi Motor accelerated the development of four prototype vehicles.
The door iMiEV electric vehicle, designed to be the first to bring full
By 2010, electric vehicles entered the mass market.
Mitsubishi has also reportedly teamed up with French Peugeot to develop and produce electric vehicles.
However, the share price of modern times has risen by 1.
8% to 81,000 won ($77.
85) on Monday, no details of the project have yet been disclosed.
South Korea is eager to leave its mark on the development of electric vehicles.
LG Chem, China's largest chemical producer, said earlier this month it would supply the next-
A Volt battery for GM.
The stock has been a hot choice for the past few days as there is speculation that it will win deals in the USS. auto giant.
Shares of LG Chemical rose another 1.
It was 4% won on Monday to 106,500 won ($102 ). 33).