Hyundai to Lease Fuel-Cell SUV for $499 as Hydrogen Race Widens

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Hyundai Motor Co., eager to move ahead of Honda Motor Co. and Toyota Motor Corp. in hydrogen-powered vehicles, plans a $499-a-month U.S. lease for its zero-emission Tucson crossover version that arrives in 2014.

Hyundai, South Korea’s largest automaker, announced the program yesterday at the Los Angeles Auto Show, initially targeting California, which has the most hydrogen fuel stations in the U.S. The monthly price, and a $2,999 down payment, includes unlimited fuel and no-cost maintenance during the 36-month lease, the Seoul-based company said.