#Latest news with #BAICMotorCorpBloomberg07-05-2025AutomotiveBloombergHyundai Unveils First China Electric SUV to Take on CompetitionHyundai Motor Co. is set to launch its first battery electric vehicle specifically for the Chinese market as the carmaker seeks to counter local competition and reverse slumping sales. The Elexio — an electric sport utility vehicle developed with local partner BAIC Motor Corp. — is a 'retaliatory strike,' the joint venture said in a post published to its official Weibo account on Wednesday.
Bloomberg07-05-2025AutomotiveBloombergHyundai Unveils First China Electric SUV to Take on CompetitionHyundai Motor Co. is set to launch its first battery electric vehicle specifically for the Chinese market as the carmaker seeks to counter local competition and reverse slumping sales. The Elexio — an electric sport utility vehicle developed with local partner BAIC Motor Corp. — is a 'retaliatory strike,' the joint venture said in a post published to its official Weibo account on Wednesday.