Company type | Joint venture | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Industry | Automotive | ||||||||||||||||
Founded | 18 October 2002 | ||||||||||||||||
Headquarters | , China | ||||||||||||||||
Area served | China | ||||||||||||||||
Products | Automobiles | ||||||||||||||||
Owner | BAIC Motor (50%) Hyundai (50%) | ||||||||||||||||
Number of employees | 15,000 [1] | ||||||||||||||||
Chinese name | |||||||||||||||||
Simplified Chinese | 北京现代汽车有限公司 | ||||||||||||||||
Traditional Chinese | 北京現代汽車有限公司 | ||||||||||||||||
| |||||||||||||||||
Beijing Hyundai | |||||||||||||||||
Simplified Chinese | 北京现代 | ||||||||||||||||
Traditional Chinese | 北京現代 | ||||||||||||||||
| |||||||||||||||||
South Korean name | |||||||||||||||||
Hangul | 북경현대 | ||||||||||||||||
Hanja | 北京現代 | ||||||||||||||||
| |||||||||||||||||
Website | www |
Beijing Hyundai Motor Co.,Ltd. is an automobile manufacturing company headquartered in Shunyi,Beijing,China,and a joint-venture between BAIC Motor and Hyundai Motor Company. Established in 2002,it manufactures in Shunyi District,a satellite city of Beijing, [2] producing Hyundai-branded automobiles for the Chinese market.
In 2016,the company was reported as selling nearly 1.8 million vehicles. [3]
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, [4] 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 Organization. [5] The joint venture 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. [6] [7] As of 2012,average per year production since 2003 stands at roughly 370,000 vehicles, [8] but yearly output has continued to grow over the lifetime of the project. [9]
2014 saw the company sell 1,120,000 vehicles. [9]
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. [10] All are tailored to Chinese tastes. The 5th generation Elantra is sold in China as the Langdong, [11] but little localization is likely to have occurred. Current products available exclusively in China includes
This section contains an unencyclopedic or excessive gallery of images. |
Cheaper [12] products may be sold under a new, China-only brand name, Shouwang. [13] A concept vehicle was shown at car shows in China in 2011 and 2012, but the brand does not appear to have been launched. [14]
As of 2013, the company has at least three production bases [11] as well as an R&D center, all of which are probably in the Linhe Industrial Development Zone of the Shunyi District, a satellite city of Beijing. [15] Two of these produce automobiles and the other, engines. [15]
Its first automobile production base was completed in 2003 and the second in April 2008. [16] Construction on a third Beijing base begun in late 2010 should be complete in the second half of 2012. [17] At least one of these facilities is 17 km from Shunyi Yangzhen. [18]
A new site outside Beijing was inaugurated in 2016, and this Hebei location was producing a small city car, the Accent, as of 2017. [19]
In 2017, Beijing Hyundai opened its Chongqing plant, Which produces the Reina subcompact sedan until 2021. [20]
The Hyundai Tucson is a compact crossover SUV produced by the South Korean manufacturer Hyundai since 2004. In the brand's lineup, the Tucson is positioned below the Santa Fe, and above the Kona and Creta. It is named after the city of Tucson, Arizona. The second-generation model was marketed as the Hyundai ix35 in several markets, including Europe, Australia and China, before reverting to Tucson for the third generation. Since its first generation, the Tucson has been developed alongside the Kia Sportage, sharing platforms and engines.
Gold Typhoon Group is a Chinese entertainment company founded in Hong Kong as Gold Label in 2004 with the support of EMI. It acquired EMI Music Taiwan / EMI Music China in 2008 to adopt its current name. On 1 January 2011, it became a wholly owned subsidiary of Pacific Global Management Asia (PGMA) under the leadership of Chairman Louis Pong. The company was acquired by Warner Music Group in April 2014.
SAIC Volkswagen Automotive Co., Ltd., formerly known as Shanghai Volkswagen Automotive Co., Ltd. is an automobile manufacturing company headquartered in Anting, Shanghai, China and a joint venture between SAIC Motor and Volkswagen Group. It was founded in 1984 and produces cars under the Volkswagen, Škoda and Audi marques. It is the second automobile manufacturing joint venture in China after American Motors and the first German car manufacturer to enter China.
The 2012 Chinese Super League was the ninth season since the establishment of the Chinese Super League, the nineteenth season of a professional football league and the 51st top-tier league season in China. It began on March 10, 2012 and ended on November 3, 2012.
The 2018 Ping An Chinese Football Association Super League was the 15th season since the establishment of the Chinese Super League. The league title sponsor was Ping An Insurance. Shanghai SIPG won their first top-tier league titles on 7 November 2018 after the 2–1 victory against Beijing Renhe, ending a historic run for Guangzhou Evergrande Taobao, who had won seven consecutive titles beginning with the 2011 season.
Taloid is a cluster of languages in the Lisoish branch of Lolo–Burmese.
The Hyundai Reina is a subcompact sedan manufactured in China by Hyundai through the Beijing Hyundai joint venture. The Reina went on sale in September 2017 in China and is the first car produced in Beijing Hyundai's Chongqing plant. Hyundai positioned the Reina slightly under the Verna in the country.
The Hyundai Lafesta is compact sedan manufactured by Hyundai through its Beijing Hyundai joint venture in China since 2018. It sits between the Hyundai Elantra and Hyundai Sonata in Hyundai's Chinese vehicle lineup.
The Hyundai Smartstream is a gasoline and diesel automobile engine branding used by Hyundai since 2018. An all-aluminum engine of Hyundai Motor Company debuted in the third-generation Hyundai i30 hatchback, which was unveiled in 2018 at the Paris Motor Show.
The Hyundai Custo is a minivan manufactured by Hyundai through its Beijing Hyundai joint venture in China since 2021. It is named after the French explorer and inventor, Jacques Cousteau. In markets outside China, it is marketed as the Hyundai Custin.