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The group was formed through the purchase of 51% of Kia by Hyundai Motor Company in 1998. As of 2011, Hyundai owns 33.7% [5] of Kia Motors.. On 22 May 2022, the Hyundai Motor Group announced the company would invest an additional $5 billion in the United States by the year 2025.
Hyundai Motor Europe GmbH is the European division of South Korean automaker Hyundai Motor Company, its headquarters is in Offenbach am Main, Germany. It has a R&D center in Frankfurt and three manufacturing plants: one in Nošovice , Czech Republic ; one in Saint Petersburg , Russia; and one in Turkey .
Between 2002 and 2010, [91] [92] Hawtai Motor had produced Chinese-market versions of the Hyundai Matrix, [93] the Hyundai Santa Fe [91] [94] and the Hyundai Terracan. [ 91 ] [ 94 ] The Santa Fe was the fifth most-purchased SUV in China in 2010, [ 95 ] and some of Hawtai's versions may greatly differ from those sold in other markets. [ 96 ]
In 2021, the Hyundai Kona Electric was the 6th best-selling electric vehicle in the UK having achieved a total of 7,199 registrations throughout the year. [ 40 ] In June 2024, the Hyundai Kona Electric was discontinued in India, and it is replaced by the Creta Electric .
The FF platform is the first city car platform developed by Hyundai for its first A-segment city car, the Hyundai Atos. Introduced in 1997, production continued until 2014, when the Hyundai Santro Xing was discontinued. Hyundai Atos/Atoz (FF) (1997–2007) Hyundai Atos/Atoz/Santro/Amica/Kia Visto (MX) (1998–2014) [2]
The Hyundai Ioniq 5 (Korean: 현대 아이오닉 5) is a battery electric compact crossover SUV [9] produced by Hyundai since 2021. It is the first product to be marketed under the electric cars-focused Ioniq sub-brand, and the first model developed on the Hyundai Electric Global Modular Platform (E-GMP) .
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 is a South Korean industrial conglomerate ("chaebol"), which was restructured into the following groups: Hyundai Group , parts of the former conglomerate which have not been divested Hyundai Asan , a real estate construction and civil engineering company