Hyundai Hi-Tech Super Technology Day was held in Seoul, South Korea. Hyundai Motor Group said that in response to China’s rapidly changing new energy vehicle market, it will adopt a strategy of open cooperation with local Chinese companies.
According to reports, the world’s third largest automobile group is preparing to launch an electric brand with its Chinese partner BAIC Group to strengthen cooperation in new energy vehicles.
In addition, Hyundai Motor is also actively seeking opportunities to cooperate with local power battery and software companies in China. In addition, Hyundai Motor Group is developing hydrogen fuel-powered vehicles in addition to electric vehicles. Last year, it built a hydrogen fuel cell system R&D and production base in Guangzhou, China.
It is found that in August this year, BAIC Group delivered more than 140,000 new cars of various brands. Among them, JiFox Alpha S increased by 145% year-on-year; BAIC Motor delivered 13,448 units in August, a year-on-year increase of 75.4%; Beiqi Foton delivered over 48,000 units in August; Beijing Benz delivered over 56,000 units in August; Fujian Benz delivered over 3,000 units in August ; Beijing Hyundai delivered over 20,000 vehicles in August.
