South Korean automaker Hyundai Motor stated on Friday it will carry on its Chinese joint venture with BAIC Motor, brushing off investor concerns about soured relationships between the partners. China’s state-run Global Times newspaper has reported BAIC may risk losing the joint venture if disagreements over suppliers were not resolved, pointing out an industry insider.
While we can get over numerous Chinese “replicas,” things are about to buckle down at the upcoming Beijing Car Show. Producing from BAIC (Beijing Automotive Industry Corporation), this assures to be nothing except an electric supercar. While the powertrain details are unknown for the moment, the machine is anticipated to provide a 0 to 62