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The plant also benefits from the well-structured transportation infrastructure leading to the heart of Beijing, ensuring easy distribution of both the cars and labor, which leads to improvements in quality.
HMC plans to accelerate the process of dominating the Chinese auto market by establishing a second plant with the production capacity of over 300,000 cars a year and another plant specializing in producing specialty cars.
Name
Hyundai Motors Beijing
Location
Imha Industrial Development Complex, Sunui Gu, Beijing
Area
Land: 200,000 pyong / Building: 20,000 pyong
Investment Method
Costs shared in half between HMC and Beijing Auto Engineering Ltd.
Production Capacity
300,000 cars in 2006; 600,000 cars by 2008
Models Produced
Sonata, Avante XD, Tucson (starting in December)
Main Events
Oct. 2002: Plant constructed.
Dec. 2002: Production of EF Sonata commenced (sold 50,000 cars in China in the same year).
Dec. 2003: Avante XD launched in the Chinese market.
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