Hyundai has opened its fourth manufacturing plant in China in the strategically-important city of Cangzhou with an annual capacity of 300,000 units.
The opening of the Cangzhou manufacturing plant coincides with Hyundai’s 14th year of operation in China after it started exporting automobiles as Bejing Hyundai Motor Company (BHMC) on October 18, 2002. Recording exponential growth every year, BHMC achieved cumulative sales of 8 million units in August 2016.
The opening of the Cangzhou manufacturing plant coincides with Hyundai’s 14th year of operation in China after it started exporting automobiles as Bejing Hyundai Motor Company (BHMC) on October 18, 2002. Recording exponential growth every year, BHMC achieved cumulative sales of 8 million units in August 2016.
By opening its new plant, Hyundai sets out to seize the initiative in the incrementally-competitive Chinese market with its "New plant, New model and New strategy" initiative. The Cangzhou plant begins operations just four years after Hyundai’s third plant opened in Beijing in 2012. It is situated only 200 km southeast of Beijing, aligned with existing parts suppliers and Tianjin Port, Hyundai’s logistics base.
Built on a 1.92 million square meter site, with a floor space of 250,000 square meters, the Cangzhou plant is fully equipped with press, body, paint and assembly lines, in addition to an engine plant. The facility’s initial capacity of 200,000 units will manufacture strategically important small cars. It will expand to its maximum capacity of 300,000 units by 2018.
Built on a 1.92 million square meter site, with a floor space of 250,000 square meters, the Cangzhou plant is fully equipped with press, body, paint and assembly lines, in addition to an engine plant. The facility’s initial capacity of 200,000 units will manufacture strategically important small cars. It will expand to its maximum capacity of 300,000 units by 2018.
At the Cangzhou plant opening ceremony, Hyundai unveiled the Verna Yuena, the first model to be produced at new plant. Displaying Hyundai’s determination to penetrate the Chinese market further, the Verna Yuena is a strategic model designed after careful consideration of the needs of Chinese customers.
The Verna Yuena’s exterior design features Hyundai’s "Modern Elegance" approach with dynamic and refined styling, a large hexagonal grill, and ample interior space. The Cangzhou plant will produce the new model with a choice of two engines, a 1.6-litre with 120 hp and a 1.4-litre with 100 hp. The Verna Yuena comes with latest safety technology, including VSM (Vehicle Stability Management), TPMS (Tire Pressure Monitoring System) and also latest convenience feature such as band type smart key "H-Band", smart trunk, heated front row seats, and a sunroof. It will also fully support Apple CarPlay and Baidu CarLife.
The Verna Yuena’s exterior design features Hyundai’s "Modern Elegance" approach with dynamic and refined styling, a large hexagonal grill, and ample interior space. The Cangzhou plant will produce the new model with a choice of two engines, a 1.6-litre with 120 hp and a 1.4-litre with 100 hp. The Verna Yuena comes with latest safety technology, including VSM (Vehicle Stability Management), TPMS (Tire Pressure Monitoring System) and also latest convenience feature such as band type smart key "H-Band", smart trunk, heated front row seats, and a sunroof. It will also fully support Apple CarPlay and Baidu CarLife.
