The Korean car maker is investing $10 million for initial development and has signed a contract with International Fuel Cells, a unit of United Technologies.
The fuel cell engine will go in a car based on Hyundai's Santa Fe SUV. It will go 0 to 60 mph in under 13 seconds and have a top speed of 75 mph.
Diamond Ad, which handles Hyundai Motors, hasn't been given an assignment yet as the production date is still far off.
Daewoo Motors is also developing a fuel-cell car based on its mini-van, the Rezzo.
Copyright September 2000, Crain Communications Inc.