Kia Motors Intends to Join the Clean Energy Partnership

Kia Motor Corp. has signed a memorandum of understanding with members of the Clean Energy Partnership to help promote Fuel Cell Electric Vehicles and showcase the company's competitiveness in eco-friendly vehicles.

The initial agreement was signed yesterday in Seoul, attended by Dr. Hyun Soon Lee, vice chairman and head of Hyundai-Kia R&D; Dr. Klaus Bonhoff, managing director of the National Organization of Hydrogen and Fuel Cell Technology; Patrick Schnell, chairman of the Clean Energy Partnership; and other CEP members.

As part of its global activities to prepare commercialization of fuel cell vehicles, Kia intends to join the Clean Energy Partnership in 2011. The parties agreed to negotiate respective terms for participation.

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