On January 13, 2026, Zhang Jianyong, Chairman of BAIC Group, held a meeting with Jose Munoz, CEO of Hyundai Motor, who was on a visit, as reported by BAIC Group. During the meeting, both parties reached several key agreements aimed at bolstering the growth of Beijing Hyundai. Jose Munoz emphasized that the Chinese market holds a pivotal position in Hyundai Motor's global strategy and reiterated the company's commitment to further increasing its investment in the region. He announced that Hyundai Motor will ramp up both technological and personnel support and is set to introduce its premium brand to the Chinese market. It has been reported that Hyundai Motor achieved global sales exceeding 7.27 million vehicles in 2025, with Beijing Hyundai contributing 210,000 units to this total throughout the year. Under Beijing Hyundai's 'Smart Start 2030 Plan', the company aims to launch 20 new models over the next 4-5 years, targeting an annual sales volume of 500,000 vehicles.