Battery-powered versions of Kia Motors' Soul compact cars are seen at a hotel in Hwaseong March 11, 2014 in this handout photo provided by the company and released by Yonhap. South Korea's Hyundai ... more 
Battery-powered versions of Kia Motors' Soul compact cars are seen at a hotel in Hwaseong March 11, 2014 in this handout photo provided by the company and released by Yonhap. South Korea's Hyundai Motor Co plans to launch its first battery-powered electric vehicle (EV) in 2016, as the auto maker plays catch up in a nascent market already tapped by the likes of BMW and Nissan Motor Co Ltd. REUTERS/Kia Motors/Yonhap (SOUTH KOREA - Tags: TRANSPORT BUSINESS ENVIRONMENT) ATTENTION EDITORS - NO SALES. NO ARCHIVES. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS. SOUTH KOREA OUT. NO COMMERCIAL OR EDITORIAL SALES IN SOUTH KOREA less 
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Reuters | Photo By YONHAP / REUTERS
Tue, Mar 11, 2014 2:26 AM EDT