Contact:
Miles Johnson
714-956-3366
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Oles Gadacz
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oles_gadacz@hyundai-motor.com

HYUNDAI TO UNVEIL FUEL CELL ELECTRIC VEHICLE AT FRANKFURT INTERNATIONAL MOTOR SHOW


SEOUL, KOREA, 08/31/2007 Hyundai Motor Corporation will unveil the i-Blue Fuel Cell Electric Vehicle at the 2007 Frankfurt International Motor Show which opens on September 13. The i-Blue demonstrates the company’s commitment to developing environmentally responsible transportation.

Hyundai’s new hydrogen-powered, zero-emission concept, the i-Blue Fuel Cell Electric Vehicle was developed at Hyundai’s Design and Technical Center in Chiba, Japan. The all-new i-Blue platform is tailored to incorporate Hyundai’s third-generation fuel cell technology, currently being developed at Hyundai’s Eco-Technology Research Institute in Mabuk, Korea.

In keeping with this year’s show theme, “See What’s Driving the Future,” which focuses on sustainability and climate protection, the i-Blue signifies a major step towards the commercialization of Hyundai fuel cell vehicles. Unlike its predecessors which were built on SUV platforms, the i-Blue features a new 2+2 crossover utility vehicle (CUV) body type.

“The i-Blue is Hyundai’s first-ever model designed from the ground up to incorporate fuel cell technology, marking a tremendous leap forward for our R&D program,” said Dr. Hyun-Soon Lee, president of research and development. “Our engineering team has successfully designed a more compact fuel cell vehicle, while still realizing the safety, comfort, convenience and driving range of a traditional internal combustion engine vehicle.”

Hyundai is making tremendous efforts to reach mass production of hydrogen-powered fuel cell vehicles a reality in the next decade.

HYUNDAI MOTOR CORPORATION

Established in 1967, Hyundai Motor Co. has grown into the Hyundai-Kia Automotive Group which was ranked as the world’s sixth largest automaker in 2005 and includes over two dozen auto-related subsidiaries and affiliates. Employing over 68,000 people worldwide, Hyundai Motor posted US$58.1 billion in sales in 2005 (on a consolidated basis). Hyundai vehicles are sold in 193 countries through some 5000 dealerships and showrooms. Further information about Hyundai Motor Co. and its products is available at http://www.hyundai-motor.com.

HYUNDAI MOTOR AMERICA

Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 750 dealerships nationwide.