The company’s joint venture with BAIC Group, Beijing Hyundai Motor Company Ltd, is also expected to unveil five additional new energy vehicles (NEVs) based on models from BAIC’s Arcfox units.

Hyundai recently introduced the “Sonata Taxi” manufactured in its Beijing factory to the South Korean market, marking the first sale of a China-made Hyundai car in Korea. Kia is gearing up to ...