Hyundai Motor considers promoting one in all its Beijing manufacturing facility websites
© Reuters. FILE PHOTO: A store signal of Hyundai is seen exterior a automobile showroom in Bletchley, Milton Keynes, Britain, Could 31, 2020. REUTERS/Andrew Boyers
SEOUL/BEIJING (Reuters) – South Korea’s Hyundai Motor Co is in talks with the Chinese language authorities to promote one in all its manufacturing facility websites in Beijing, information company Yonhap reported on Friday, citing unnamed sources.
Yonhap stated Hyundai Motor is selling the sale of the manufacturing facility web site, the primary one it had in-built Beijing, to the Shunyi district authorities in China’s capital metropolis. (https://
Beijing Hyundai, the three way partnership between Hyundai Motor and China’s BAIC Motor Corp Ltd, has three manufacturing crops in Beijing.
Hyundai and BAIC didn’t instantly reply to requests for remark.
Chinese language media on Thursday reported electrical car (EV) maker Li Auto is curious about taking up the manufacturing facility, citing unnamed sources. Li Auto declined to remark when contacted by Reuters.
In April, Hyundai Motor Group stated it plans to launch EVs in China yearly beginning 2022 to reinforce its presence on this planet’s greatest automobile market.
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