Hyundai Motor Aims to Double China Sales to 500,000 Units
Hyundai aims to double Chinese sales to 500,000 units while launching 20 new models over five years.
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Hyundai aims to double Chinese sales to 500,000 units while launching 20 new models over five years.
In January 2026, Chinese-branded new energy passenger vehicles accounted for 28.3% of overseas sales, up 7.5
As major global automakers release their 2025 sales figures, BYD’s annual sales of 4.602 million vehicles make it the first Chinese automaker to enter the global top six by volume.
Elexio is priced at AUD 59,990 ($40,200), directly competing with the BYD Sealion 7, Kia EV5 and Tesla Model Y in the mainstream electric SUV segment.
China sold 31.08 million vehicles in the first 11 months, up 11% year on year, accounting for 35.4% of global sales.
In Q3 2025, BEV sales reached 3.71 million units, up 48% YoY, while PHEV sales were 1.67 million units, up 4% YoY.
If this Chinese partnership materializes, Hyundai will build a global autonomous driving tech network centered on the U.S. and Chinese markets.
The EO is available in 64.2 kWh and 88.1 kWh packs, providing CLTC ranges of 540 km and 722 km, respectively.