Hyundai seeks to restore market share in China with new EV brand

Hyundai seeks to restore its market share in China with a new electric vehicle (EV) brand. The South Korean automaker is working with BAIC on its goal. This week, Beijing Hyundai Co.—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. The … Continue reading Hyundai seeks to restore market share in China with new EV brand