On April 24, Hyundai Motor made an announcement stating its intention to accelerate the transformation of its new energy vehicle brand in China. Additionally, the company unveiled its inaugural strategic electric vehicle tailored for the Chinese market, named the 'IONIQ V'. Commencing with the launch of the 'IONIQ V', Hyundai Motor has outlined a plan to introduce 20 new models in China within the upcoming five-year period, with the objective of boosting its annual sales to 500,000 units.
