Hyundai Motor Unveils New Models and Technologies for the Chinese Market
South Korean auto giant Hyundai Motors, which plans to emulate Tesla in electric vehicles, stated that the company had released new models and new technologies for the Chinese market at the Beijing Auto Show.
The company introduced new models, including the fifth-generation Tucson L and the seventh-generation Elantra, which will be entering the Chinese market next year.
It is reported that Tucson L will provide a fuel version, a hybrid version and a plug-in hybrid version for consumers to choose from. The seventh-generation Elantra is the second model based on the third-generation technology platform i-GMP after Sonata at a pre-sale price of CNY 109,800-145,800.
The company also displayed a technology brand specifically for the Chinese market called 'H Smart+' at the exhibition.
Hyundai has always been a supporter of hydrogen fuel cell technology. However, the company has seen Tesla's global success and plans to emulate Tesla in electric vehicles.
The company has previously stated that it plans to launch 44 new environmentally-friendly models by 2025, of which 23 will be pure electric vehicles.
In mid-July this year, Zheng Yixuan, the head of Hyundai Motors, stated that Hyundai and Kia plan to sell 1 million electric vehicles in 2025, intending to occupy more than 10% of the global electric vehicle market.