China Market

Hyundai Motor Co. unveiled the Ioniq V, its first production model under the Ioniq brand for China, at the 2026 Beijing auto show. The vehicle is built on a platform jointly developed with Beijing Automotive Group (BAIC Group) and features a battery from Contemporary Amperex Technology Co. Ltd. (CATL). It offers more than 600 kilometers on a single charge.

17 Mwezi wa nne, 2026 Imeripotiwa na AI

Honda Motor Co. will discontinue gasoline vehicle production at one of its four plants in China and may do so at another, a source close to the matter said Friday. The move is part of restructuring amid a shift in demand to electric vehicles in the world's largest auto market. The company aims to cut its annual gasoline vehicle capacity of 960,000 units there.