Beijing Hyundai's total sales in 2023 will be 257,000 units, and the production capacity of its five factories will be 1.65 million units

Beijing Hyundai's total annual sales in 2023 will be 257,000 units. The company has a total of five factories with a designed production capacity of 1.65 million vehicles, far exceeding actual demand. In addition to the Chongqing factory that has been sold, Beijing Hyundai also sold its first factory in Shunyi, Beijing to Ideal Auto in 2021. At present, Beijing Hyundai only has the second and third factories in Beijing and the Cangzhou factory in Hebei in China. The latest news said that Hyundai Motor plans to sell another factory in China, and only retain the second and third factories in Beijing in the future.