y and Information Technology (MIIT) released the 396th list of the “Announcement on On-road Motor Vehicle Manufacturers and Products”. A number of products of independent automobile brands such as BYD, Dongfeng Motor Corporation, and FAW Group, as well as joint-venture automobile brands such as Beijing Hyundai and SAIC-VW, have officially passed the declaration process. From an MIIT press release...

News  Updated at: 2025/07/17

China releases 19th list of “Catalog of New Energy Models Eligible for Vehicle Purchase Tax Breaks” On July 15, China’s Ministry of Industry and Information Technology (MIIT) released the “Catalog of New Energy Models Eligible for Vehicle Purchase Tax Breaks (19th List)”. The selected battery electric models consist of 44 passenger vehicles (including Beijing Hyundai’s Elexio, FAW Hongqi’s Tiangong 06, and Li Auto’s Li i6), 48 bu...

News  Updated at: 2025/07/17

na – used in everything from windshield-wiper motors to anti-lock braking sensors – that could force the closure of car factories within weeks. In a previously unreported May 9 letter to Trump administration officials, the head of the trade group representing General Motors, Toyota, Volkswagen, Hyundai and other major automakers raised urgent concerns. China - which controls over 90% of global processing capacity for the magnets used in every...

News  Updated at: 2025/06/04

Beijing Hyundai holds global debut of Elexio SUV On May 7, Beijing Hyundai held the global debut of the Elexio, its first SUV to be based on a battery electric platform, in Shanghai. The Elexio, a Hyundai battery electric model for the Chinese market, integrates modern aesthetics, cutting-edge technologies, and high quality. As a variation of the word “electric”, the name manifests distinct characteristics of an EV. Exterior design: Adopting ...

News  Updated at: 2025/05/12

BAIC Investment, Hyundai Motor to jointly inject USD 1.095 billion into Beijing Hyundai On December 11, BAIC Motor Corporation Ltd. (BAIC Motor) announced on the Hong Kong Exchanges and Clearing Limited (HKEX) that BAIC Investment Co., Ltd. (BAIC Investment) and Hyundai Motor Company (Hyundai Motor) signed an agreement to jointly inject USD 1.095 billion into Beijing Hyundai Motor Co., Ltd. (Beijing Hyundai) in proportion to their respective inte...

News  Updated at: 2024/12/13

Beijing Hyundai to recall over 550,000 vehicles in total On December 6, China’s State Administration for Market Regulation (SAMR) announced that Beijing Hyundai Motor Co., Ltd. (Beijing Hyundai) recently filed a vehicle recall plan. From December 30, 2024, Beijing Hyundai plans to recall: -          A total of 139,040 units of the 2013 Santa Fe model manufactured between November 29, 2012 and October 31, 2014. -          A to...

News  Updated at: 2024/12/11

CDMS 2024: Beijing Hyundai launches 5th-gen Santa Fe SUV On August 30, at the Chengdu Motor Show 2024 (CDMS 2024), Beijing Hyundai launched the 5th-generation Santa Fe mid-to-large-size light-duty outdoor off-road SUV. The model is available in five variants, with prices ranging from CNY 195,800 to CNY 268,800. Inheriting the “Cross the Line” R&D concept, the 5th-generation Santa Fe adopts the “One Model” boxy exterior design to present a...

News  Updated at: 2024/09/05

Changan’s OX A05 saw a price reduction to CNY78,900 (about US$10.9k), while Neta implemented across-the-board price cuts, with the highest reduction reaching CNY22,000 (around US$3k). JV brands, primarily focusing on ICE vehicles, felt the squeeze in market share and were compelled to retaliate. Beijing Hyundai and GM Buick were quick to respond; Hyundai reduced the starting price of the new Elantra from CNY99,800 (US$13.8k) to CNY75,800 (US$1...

News  Updated at: 2024/06/19

Hyundai China, Baidu to jointly make new deployments for auto intelligence ecosystem On April 28, Hyundai China announced the recent signing of a strategic cooperation framework agreement with Baidu in Beijing for the acceleration of deployments in China’s intelligent connected vehicle industry. The two parties will explore innovative cooperation models in areas such as intelligent connectivity, autonomous driving, intelligent traffic systems, ...

News  Updated at: 2024/05/07

CATL and Beijing Hyundai sign strategic agreement on EV batteries CATL (Contemporary Amperex Technology Co., Ltd.) announced that it has signed a strategic partnership agreement with Beijing Hyundai Motor Co., Ltd. (Beijing Hyundai). The two companies will cooperate on Beijing Hyundai’s electric vehicle (EV) projects and will promote the use of CATL batteries in Beijing Hyundai EVs to be introduced in the future. With the agreement, Beijing Hyu...

News  Updated at: 2024/05/02

Auto China 2024 officially opened On April 25, the Auto China 2024 (18th Beijing International Automotive Exhibition) was officially opened at the China International Exhibition Center Shunyi Hall and Chaoyang Hall in Beijing. With the theme of “Driving to Smart Mobility” and participation by over 1,500 companies, the event covers a total exhibition area of 230,000 square meters and has over 20 summit forums. The press days, professional visi...

News  Updated at: 2024/04/26

Auto China 2024: Hyundai Mobis to showcase swivel display Hyundai Mobis Ltd. (Hyundai Mobis) announced that it will join the 2024 Beijing International Automotive Exhibition (Auto China 2024) starting on April 25. The company will exhibit 14 types of mass-producible core solutions, such as swivel displays, transparent displays, augmented reality head-up displays (AR-HUDs), independent rear-wheel steering systems, and next-generation active road n...

News  Updated at: 2024/04/25

Beijing Hyundai officially launches 11th-gen Sonata sedan On March 26, Beijing Hyundai officially launched the 11th-generation Sonata midsize sedan, which is available in six variants. Prices range from CNY 139,800 to CNY 186,800. The 11th-generation Sonata is starship-inspired and adopts the “One Model” design. It measures 4,945mm long, 1,860mm wide, and 1,445mm or 1,450mm high, with a wheelbase of 2,875mm. Based on the new i-GMP platform, t...

News  Updated at: 2024/04/02

Beijing Hyundai sells its Chongqing Plant at CNY 1.62 billion According to multiple press releases dated January 17, Beijing Hyundai sold its Chongqing Plant to Chongqing Liangjiang New Area Yufu Industrial Park Construction Investment Co., Ltd. at CNY 1.62 billion. Put up for sale in June 2023, the plant has been sold off for the first time since its 2017 commissioning. Hyundai Motor said that this move aims at adjusting the operation model of i...

News  Updated at: 2024/01/18

rates. Regarding market share, in the first 10 months of 2023, the top ten sales groups totalled 16.02 million vehicles, accounting for 68% of the total sales volumes. Among them, BYD group’s capacity utilisation rate in 2023 is expected to be around 80%, while Tesla has reached 92%. In contrast, Hyundai Motor’s capacity utilisation rate will be only 23% in 2023, and Kia Motors’ capacity utilisation rate will be just 25%. Against this backg...

News  Updated at: 2023/12/18

Auto Guangzhou 2023: Beijing Hyundai debuts 11th-gen Sonata sedan, 5th-gen Santa Fe SUV On November 17, at the Auto Guangzhou 2023, Beijing Hyundai debuted models including the 11th-generation Sonata sedan and the 5th-generation Santa Fe SUV. The 11th-generation Sonata is starship-inspired and adopts the “One Model” design. Coupled with features such as horizon-styled transverse daytime running lights and H-shaped transverse taillights, the v...

News  Updated at: 2023/11/23

Hyundai Custin MPV officially introduced in Vietnam; locally manufactured at Ninh Binh plant On September 15, 2023, Hyundai Thanh Cong Vietnam officially introduced the Hyundai Custin mid-sized MPV for the first time in Vietnam with a recommended retail price starting from VND 850 million.Also known as the Custo, the MPV's development and production started at Beijing Hyundai plant in China. After a period of research and testing, Hyundai Thanh C...

News  Updated at: 2023/09/18

Beijing Hyundai officially launches new Mufasa compact SUV On June 18, Beijing Hyundai announced the official launch of the new Mufasa compact crossover SUV, which is available in three models, with prices ranging from CNY 121,800 to CNY 139,800. The Mufasa features a parametric jewel-like front grille, oval LED combined taillights, and a stereoscopic 3D curvaceous side design, presenting a mighty and tough overall look. The interior adopts the M...

News  Updated at: 2023/06/21

Beijing Hyundai unveils Chinese name of new Mufasa compact SUV and starts accepting pre-orders On May 17, Beijing Hyundai announced that the Chinese name of the new Mufasa compact crossover SUV has been confirmed as “musa” and that it has started accepting pre-orders for the vehicle, with pre-order prices starting at CNY 139,800. The vehicle adopts the “Sensuous Sportiness” design concept and the design theme of parametric jewels, present...

News  Updated at: 2023/05/19

Hyundai Motor Group launches road test for Level 4 autonomous driving vehicles in Shanghai for first time On May 14, Beijing Hyundai announced that recently, vehicles with a Level 4 autonomous driving system and developed by the Hyundai China Future Digital R&D Center passed the review and were licensed in Shanghai. The vehicles will undergo more open, more comprehensive, and more complex open road scenario tests for intelligent connected vehicle...

News  Updated at: 2023/05/18