Beijing Hyundai Motor Co. aims to grow China sales 10 percent this year to 1.25 million vehicles. To boost sales, the 50-50 joint venture between Hyundai Motor Co. and Beijing Motor Group Co. will launch the new ix35 crossover as well as the Yudong Elantra and the Verna compact cars this year.
BEIJING -- BYD Co. plans to sell electric passenger cars in the United States in
about two to three years, an executive said on Thursday, as it
races to be the first Chinese automaker to sell cars to American
drivers. BYD specializes in electric and plug-in hybrid vehicles. Its U.S. presence is now limited to
producing buses and selling fleet vehicles such as taxis. BYD and other Chinese automakers have had false starts in entering the U.S.