Hyundai Motor Company of Korea announced that it will release "Elantra LPI HEV," a hybrid vehicle based on its "Elantra," in July
The vehicle employs the mild hybrid system that incorporates a Li-polymer secondary battery manufactured by LG Chem Ltd of Korea, a
The fuel cost of Elantra LPI HEV has been reduced by the adoption of a LPG engine. As of the first week of June 2008, gasoline cost 1,907 won per litter (¥191, 1 won = ¥0.1) while LPG costs 1,828 won (¥183) in Korea. When fuel costs are compared based on the figures, the fuel cost of Elantra LPI HEV is 40% lower than that of other existing hybrid vehicles and 50% lower compared with the gasoline engine version of Elantra.
The additional vehicle cost paid for a hybrid vehicle will be offset by the difference in fuel costs in about two years. The CO2 emission is
Hyundai Elantra LPI Hybrid Electric Vehicle