Hyundai seeks to restore market share in China with new EV brand
Teslarati
JANUARY 31, 2024
Hyundai seeks to restore its market share in China with a new electric vehicle (EV) brand. a 50-50 joint venture between Hyundai Motor and BAIC—announced a new project to develop an electric vehicle brand exclusive to the Chinese market. Tesla China accounted for 22.5% Hyundai’s annual output in China peaked in 2017 at 1.6
Let's personalize your content