Hyundai is really stepping on the pedal of their hybrid business. This month, their first hybrid car running on petrol and electric 
power will be released in South Korea and will reach the United States by 2010. Hyundai expects to develop advanced hybrid technologies in the years to come and plans to release their sports car variant in the U.S. before the end of 2012.
Hyundai revealed its Blue-Will, a concept plug-in hybrid car, in March and officially gave the industry a hint of its intentions of releasing a hybrid sports car. The Korean car maker also suggested that any car based on the concept car has a good chance of reaching their American consumers.
The research and development team of Hyundai officially confirmed the target date of the release of their plug-in hybrid sports car and said that it will meet head on the competitions like the 2011 Chevrolet Volt and the Toyota Prius.
Hyundai aims to be the leader in terms of fuel mileage and use of alternative fuels. Making money on hybids is the ultimate goal and Hyundai might just do it in showing off their advancements in technology.
The Blue-Will which will basically serve as the platform of their future vehicles was developed at their home R&D center in South Korea. Under its hood is a 1.6L petrol engine primarily used to charge the lithium polymer batteries. The battery powers an electric motor which rolls the front wheels. Running on electric power alone, the car can go for 40 miles which is just the same range as the 2011 Chevrolet Volt.
The total output of the engine is about 154hp and may not be close enough to a sports car. Hyundai might boost it up for production. Electric cars also behave a bit differently than the usual vehicle because of the torque it can produce.