Hyundai Motor to develop electric cars with U.S. fuel cell maker UTC
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Posted 8:11AM on Wednesday, January 30, 2002
SEOUL, South Korea - South Korea's Hyundai Motor Co. will jointly develop and manufacture electrically powered vehicles with UTC Fuel Cells of the United States, Hyundai officials said Wednesday. <br>
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Hyundai's sister company, Kia Motors Corp., also joined in the deal as a partner, Hyundai said in a news release. <br>
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Hyundai gave no further details. <br>
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Hyundai and UTC last March succeeded in developing a sports utility vehicle powered by hydrogen fuel cells. But the vehicle, fully charged, can travel only 100 miles. <br>
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Electric cars emit none of the exhaust fumes that are a major cause of global warming. <br>
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