Hyundai Automobile and BAIC strengthen Cooperation in the Field of New Energy

CTOnews.com, Sept. 12, Beijing Hyundai Hi-Tech Super Technology Day was held in Seoul, South Korea this morning. Hyundai Motor Group said that in response to China's rapidly changing new energy vehicle market, it will adopt an open and cooperative strategy with local Chinese companies.

According to reports, the world's third largest automobile group is preparing to join hands with Chinese partner BAIC to launch electric brands to strengthen cooperation in new energy vehicles.

In addition, Hyundai is also actively looking for opportunities to cooperate with local power battery and software companies in China. In addition, Hyundai Motor Group, which makes hydrogen fuel vehicles in addition to electric vehicles, last year built a hydrogen fuel cell system R & D and production base in Guangzhou, China.

According to the latest data from CTOnews.com, BAIC delivered more than 140000 new cars in August this year. Among them, polar fox alpha S increased by 145% over the same period last year; Beijing Automobile delivered 13448 vehicles in August, up 75.4% from the same period last year; BAIC Foton delivered more than 48000 vehicles in August; Beijing Mercedes-Benz delivered more than 56000 vehicles in August; Fujian Mercedes-Benz delivered more than 3000 vehicles in August. Beijing Hyundai delivered more than 20000 vehicles in August.