Car leasing news: Hyundai and Kia to produce hybrid Sonata?

JonathanApril 4, 2011

Hyundai and Kia are said to be working together to create a plug-in hybrid model of the former company’s Sonata sedan.

Reuters reported on a news article from Chosun Ilbo – a Korean news outlet- which stated that development of the vehicle has been completed and a prototype is currently undergoing tests.

A spokesperson for Hyundai told the media resource that the firm aims to release the hybrid model in 2013.

Speaking to Chosun Ilbo, the representative said: “There are hurdles to [the takeoff of] pure electric vehicles because of the short driving range and lack of charging facilities.”

Reuters pointed out that many of Hyundai and Kia’s competitors have already launched plug-in hybrid vehicles for car leasing customers and other motorists.

The news provider cited General Motors and its hybrid Volt, as well as Toyota and Honda, that both intend to introduce such vehicles over the coming two years.

Peugeot, Citroen, Nissan and Mitsubishi are among the automakers to launch pure electric vehicles over the past six months.

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