Hyundai turns to local tech partners in China comeback

BEIJING — In unveiling the Ioniq V in China, one of the biggest changes for Hyundai Motor has been a shift toward deep localization, with the South Korean automaker tapping local partners across key technologies from batteries to advanced driver-assistance systems. Hyundai Motor President and CEO Jose Munoz said such partnerships with top companies are critical to delivering competitive vehicles at accessible price points, as Hyundai seeks to win over Chinese consumers amid intensifying rivalry

By The Korea Herald