Hyundai to Launch 20 New Models in China by 2031

The South Korean automaker aims to double its annual sales to 500,000 units through a new product offensive. Local partnerships will support the EV expansion.

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HYUNDAI MOTOR CO has announced a comprehensive strategic pivot in China, detailing plans to launch 20 new vehicle models over the next five years. The initiative, unveiled during the Beijing auto show, represents the company's most ambitious expansion effort to date as it seeks to reclaim market share in the world's largest automotive arena.

A Hyundai Motor logo is displayed on a vehicle at a distribution center near Ahmedabad, India, in October 2024. REUTERS/Amit Dave
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