Hyundai to establish second manufacturing unit in Beijing

Hyundai to establish second manufacturing unit in Beijing

South Korea based automotive giants Hyundai has confirmed that they are planning to establish a second manufacturing unit in the Chinese city of Beijing. This plant is expected to begin production in the next three years.

Xu Heyi, president of Beijing Hyundai confirmed this news at a national auto forum held in Beijing on Wednesday. Construction at this plant is expected to begin soon. This unit would be developed with the manufacturing capacity of 300,000 units a year.

Hyundai is also building a research and development center in Beijing in a bid to design more cars that meet the demand of Chinese consumers. These are some of the major initiatives from the company to expand their market base in the Chinese market.

The company is also talking with Hyundai Motor Co. about introducing electricity-hybrid cars into the Chinese market. For now, they are focusing on low-emission cars, and a new-style 1.4-liter engine is to debut on the Chinese market soon.