At the Beijing Auto Show this week, Hyundai pulled the wraps off the Ioniq V, a China-exclusive all-electric liftback built in partnership with Chinese autonomous driving developer Momenta. But the car itself is almost secondary to what it represents. As part of a broader transformation, Hyundai plans to introduce 20 new models in China over the next five years, describing it as its most ambitious product expansion in the market to date. The rollout will cover the full spectrum of electrified powertrains, from battery electric vehicles and extended-range electric vehicles across midsize to large segments. The target is clear. Hyundai wants to sell around 500,000 cars a year in China by the end of the decade, which would roughly double China’s current contribution …
Go to Source
Author: Simran Rastogi
