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Beijing Hyundai Motor has put its plant in Chongqing, southwestern China, up for sale at a starting price of RMB3.68 billion as the South Korean automaker rejigs its strategy in China amid fierce price competition and slowing demand.
South Korean automaker Hyundai will increase the use of Chinese batteries, and less from Korean battery makers such as LG Energy Solutions and SK
Hyundai plans to expand its purchase of batteries made by CATL
China’s leading autonomous driving tech company WeRide(文远知行), announced signing agreements with Hyundai and Hengyun Group to fuel autonomous driving with hydrogen in China.
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