On June 16th, Hyundai Motor Co., Ltd. has started local production of hybrid vehicles (HV) in China. Based on the "Sonata Hybrid" sold in Korea and other places, it will be designed for China with a height of 1 cm. The lowest price is about 210,000 yuan. Hyundai Motor will accelerate the sale of eco-cars in the largest market.
Li Bingzhen, general manager of Hyundai Motor and Beijing Automotive Group's joint venture Beijing Hyundai, stressed at a recent press conference that this is a masterpiece that symbolizes Beijing's modern challenges and progress. In the future, we will discuss the introduction of plug-in hybrid electric vehicles (PHVs) and pure electric vehicles (EVs) that are listed as subsidies by the Chinese government.
In China, Hyundai Motor has continued to struggle since last summer due to the rise of local companies. With the strong sales of SUVs, sales in May increased sharply, and we hope to maintain a recovery trend with new eco-cars.
Compared with Toyota, Hyundai Motor started late in the field of eco-cars represented by hybrid vehicles, but has recently accelerated development. Including its Kia Motors, the number of eco-car models is expected to reach 28 by 2020, increasing to 2.3 times.
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