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Hyundai Motor Group and CICC Capital Accelerate the Layout of China New Energy Commercial Vehicle Ma

日期: 2022-11-10
浏览次数: 0

In order to promote the commercial vehicle business in China market, Hyundai Motor Group recently signed a cooperation framework agreement with CICC Capital Operation Co., Ltd., and both parties will jointly lay out the new energy commercial vehicle market in China and increase the market share of modern commercial vehicles in view of the demand of electric and intelligent transformation of commercial vehicle market in China.

 

Hyundai Commercial Vehicle and CICC sign commercial cooperation memorandum.

He Li Dong, president of Hyundai Motor Group (China), said that both sides will actively respond to the electric and intelligent market changes and diversified customer needs, and help the development of commercial vehicle market in China. In the future, Hyundai Motor Group will join hands with more Chinese partners to carry out in-depth cooperation, continuously increase the market share of modern commercial vehicles in the field of new energy commercial vehicles, and further promote the sustainable development of Hyundai Motor Group's commercial vehicle business in China.

Xu Zhongchao, managing director of CICC Capital Operation Co., Ltd., said that the development prospect of electrification, intelligence and networking of China's automobiles is broad, and CICC Capital attaches great importance to related track investment. Hyundai Motor Group is the world's leading automobile group, which has strong competitiveness in brand power, technological innovation, vehicle manufacturing, etc. CICC looks forward to cooperating with Hyundai Motor in the field of new energy commercial vehicles for mutual benefit and win-win.

According to the introduction, Hyundai Commercial Vehicle (China) Co., Ltd. is the first overseas commercial vehicle production and sales base of Hyundai Motor Group, and the first wholly foreign-owned commercial vehicle enterprise in China after the restriction on foreign capital ratio of commercial vehicles was lifted. Through the cooperation between the two parties, Hyundai Commercial Vehicle will develop and produce high-quality new energy commercial vehicles by virtue of the world-standard cutting-edge factories, vehicle test centers, component test centers and test sites, as well as advanced automation and intelligent equipment and global production management system. CICC will build a new sales channel for the development of modern commercial vehicles and expand a broader industrial investment ecology based on its subordinate funds including various industrial networks.


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