korea

The Global & Yuasa Battery Co., Ltd., or Global Battery, announced this week the development of its own battery for use in hybrid vehicles. States a company spokesperson, "As soon as we wrap up discussions on the battery supply deal with Hyundai Motor, which is developing its own hybrid model, ...

Hyundai Motor and Kia Motors have decided to postpone the commercialization of their hybrid Verna and Pride by more than 12 months. The commercial hybrid production was originally scheduled to start late in 2007. Questions about profitability of the cars is spurring the delay. Also, the company is ...