Hyundai says it will become the next manufacturer to produce a range of hybrid vehicles.
While the Korean car company is busying itself building Sonata sedans in Alabama, and working on a new engine plant nearby, along with a Kia manufacturing facility in neighboring Georgia, it also tells the Wall Street Journal it's planning on launching a hybrid model called the "Avante," starting next year.
The Avante, the Journal says, is to be followed by a mid-size hybrid vehicle by 2010. And by 2012, Hyundai says it will be producing fuel-cell-powered cars, according to the paper.
Hyundai has been producing hybrids since 2004 for use by government agencies, the Journal adds. Worldwide demand for hybrids could reach 1 million units in 2010, Hyundai estimates.
The Avante is expected to be a version of the new Hyundai Elantra, which is due for a major model makeover in the 2009 model year.