Hyundai Motor agrees to develop EV under BAIC Motor Corporation's Arcfox brand at JV plant in Beijing.
Auto Business News-October 13, 2023--Hyundai Motor agrees to develop EV under BAIC Motor Corporation's Arcfox brand at JV plant in Beijing
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Auto Business News - 13 October 2023
South Korea-based Hyundai Motor (KSE: 005380) has announced that it has agreed to develop electric vehicles (EVs) under BAIC Motor Corporation's Arcfox brand at their joint venture factory in Beijing, according to South Korean reports.
Both companies are to produce the EVs in 2024 at a facility belonging to Beijing Hyundai...
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