Hyundai is looking to partner with BAIC to manufacture electric vehicles in the company’s Beijing assembly plant. Beijing Automotive Group Co Ltd (BAIC) is the 6th largest automobile manufacturer in the region, with its headquarters in Beijing, China.
According to recent reports, the new Hyundai and BAIC partnership looks to build out the Arcfox EV together. This is in a bid for the former to regain market advantage in the Country’s EV market.