Beijing Hyundai
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Native name
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北京现代汽车有限公司 |
|---|---|
| Private joint venture | |
| Industry | Automotive |
| Founded | 18 October 2002 |
| Headquarters | Beijing, China |
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Area served
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China |
| Products | Automobiles |
| Owner |
Beijing Automotive Group (50%) Hyundai Motor Company (50%) |
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Number of employees
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15,000 |
| Website |
www |
| Beijing Hyundai | |||||||||||||||||
| Simplified Chinese | 北京现代 | ||||||||||||||||
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| Traditional Chinese | 北京現代 | ||||||||||||||||
| Literal meaning | Beijing Hyundai | ||||||||||||||||
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| South Korean name | |||||||||||||||||
| Hangul | 북경현대 | ||||||||||||||||
| Hanja | 北京現代 | ||||||||||||||||
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| Transcriptions | |
|---|---|
| Standard Mandarin | |
| Hanyu Pinyin | Běijīng Xiàndài |
| Wade–Giles | Pei3-ching1 Hsien4-tai4 |
| IPA | [pèɪ̯tɕíŋ ɕi̯ɛ̌ntǎɪ̯] |
| Yue: Cantonese | |
| Yale Romanization | Bākgīng Yihndoih |
| Jyutping | Bak1 ging1 jin6 doi6 |
| Transcriptions | |
|---|---|
| Revised Romanization | Bukkyeong Hyeondae |
| McCune–Reischauer | Pukkyŏng Hyŏndae |
Beijing Hyundai Motor Co., Ltd. is an automobile manufacturing company headquartered in Beijing, China, and is joint-venture between Beijing Automotive Group and Hyundai Motor Company. Established in 2002, it manufactures in Shunyi District, a satellite city of Beijing, producing Hyundai-branded automobiles for the Chinese market.
In 2016, the company was reported as selling nearly 1.8 million vehicles.
In May 2002, Hyundai Motor and the Beijing Automotive Group signed a memorandum of understanding with the aim of creating a joint venture based around an existing Beijing factory. Hyundai begun to improve the plant's installations, and on 18 October 2002 an equally owned joint venture between the two companies was established. While it was not the first arrangement between a foreign and a domestic automaker, Beijing Hyundai was the first to be approved by the Chinese government after its entry into the World Trade Organisation. Beijing Hyundai initially expanded its production output through importation of key parts from South Korea and the creation of an integrated, Korean-owned supply network inside China. As of 2012, average per year production since 2003 stands at roughly 370,000 vehicles, but yearly output continued to grow over the lifetime of the project.
2014 saw the company sell 1,120,000 vehicles. Were it not a subsidiary such sales figures would have placed it as the sixth or seventh most-productive Chinese automaker.
At least four Hyundai models have been solely sold on the Chinese market. These are: BT01, indigenously designed; Lingxiang (Chinese: 领翔), an interior-and-feature localized Sonata NF; Elantra Yuedong, a localized version of the Elantra; and Verna, a city car. All are tailored to Chinese tastes. The 5th generation Elantra is sold in China as the Langdong, but little localization is likely to have occurred.
Hyundai Verna RC sedan
Hyundai Elantra XD facelift (only in China)
Hyundai Elantra Yuedong (only in China)
...
Wikipedia