Well at least Hyundai is being honest that they are ripping off technology from Tesla Motors:
Hyundai Motor is going for broke on the commercialization of an entirely new electric vehicle, and the clock is set for mass production in 2018.
Hyundai is planning an entirely new vehicle, from engine design to transmission, like Tesla’s Model S.
Kia Motors’ Ray, in contrast, is an adaptation of an existing model.
This is the first time in four years that Hyundai Motor has reignited its ambition to develop an exclusively electric-powered vehicle. In 2010, the automaker introduced a subcompact all-electric vehicle, the BlueOn, but it was never mass produced.
“We started our research and development last year, under the order of Chairman Chung Mong-koo, to roll out a new, exclusively electric vehicle by 2018,” said a high-ranking official at the Korean automaker.
“For the development of a mass produced all-electric-powered vehicle we put two Tesla Model Ss at our Namyang research lab last month,” the official said.
One of the Tesla cars is used for performance tests, while the other was ripped apart for research and development. [Joong Ang Ilbo]
You can read more at the link, but Hyundai must think that Tesla is on to something with their electric car strategy in the US. I have always thought that Korea would be a great place for an automaker to sell electric cars because of the shorter driving distances needed to get around compared to a place like the US.