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4/15, 9:30 AM (Source: TeleTrader)
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Hyundai to enter China EV market with 21 models by 2030

Hyundai Motor Company and its affiliate Kia Corporation announced on Thursday that they intend to launch 21 electric vehicle (EV) models in China by 2030.

The Hyundai IONIQ 5 and the Kia EV8 will be some of the models set to be introduced to the Chinese EV market starting from 2022.

In addition, the company will be looking to construct its first foreign-based hydrogen fuel-cell systems factory in the People's Republic by next year.

Breaking the News / MS