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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells -- Ignore unavailable to you. Want to Upgrade?

To: Bryan who wrote (5001)	2/15/2000 12:47:00 PM
From: Hawkeye	Read Replies (1) \| Respond to of 5827

02/10/2000 - Korean Automakers Moving Toward Fuel-Cell EVs Korea - While some analysts say Korea's automakers are too far behind others developing fuel-cell cars to ever catch up, Hyundai Motor Co. and its affiliate Kia Motors say they intend to spend $8.92 million this year on fuel-cell research, reports the Korea Herald. Daewoo Motor, another Korean automaker, is starting its fuel-cell research and development program with a government-run laboratory. Two Korean oil refiners, SK Corp. and LG-Caltex Oil, are also working on fuel-cell research. SK has already developed a fuel-cell transformer that combines hydrogen and oxygen; the company said it will make it available to Hyundai and Daewoo for testing. While DaimlerChrysler, Ford, General Motors, Toyota and Honda already announced they intend to start selling fuel cell-powered electric vehicles around 2003, Hyundai will still be in the decision-making stage, a spokesman said. ''By 2003, Hyundai will make its final decision on whether it will mass-produce fuel-cell cars or purchase fuel cells from abroad,'' said the Hyundai official.