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The Hyundai Rotem J151 is the first generation electric multiple unit rolling stock to be introduced on the Jurong Region Line of Singapore's Mass Rapid Transit (MRT) system, manufactured by Hyundai Rotem under Contract J151. 62 three-car medium-capacity Hyundai Rotem trainsets (186 cars) will be delivered from 2025 onwards and service will commence when the line opens in 2027.
Beijing Hyundai headquarters and manufacturing base Hyundai Motor Office building in Beijing. Beijing Hyundai Motor Company (BHMC) is a 50-50 joint venture between Hyundai Motor and Beijing Automotive Holdings, which was established in 2002. It began operations in China by producing Sonata in December 2002. [6]
Hyundai WIA Corporation (Korean: 현대위아; RR: Hyeondae Wia), formerly known as WIA (World Industries Ace; Korean: 위아; RR: Wia) is a member of the Hyundai Motor Group and is the second biggest automotive parts manufacturer in South Korea.
Hyundai has room to grow in Singapore’s (small) car market. Hyundai ranked 8th in the top ten car brands sold in Singapore last year, and its EV sales trail China’s BYD, Tesla and BMW.
The Hyundai Group started as a small South Korean construction firm in 1947, headed by its founder, Korean entrepreneur Chung Ju-yung. [8] Another widely known and closely related Korean company, the Hyundai Motor Company, was founded in 1967, five years prior to the founding of the Heavy Industry Group. The motor company was also founded by Chung.
In July 2021, Doosan Infracore was acquired by Hyundai Heavy Industries, which paid approximately $722.45 million for a 30% controlling stake in the company. Doosan Infracore is planned to become a subsidiary of the newly created Hyundai Genuine group. [7] As of 2023, Doosan has rebranded as Develon. [8]