10.19 Beijing Hyundai to expand green taxi fleets

Beijing Hyundai to expand green taxi fleets 

http://autonews.gasgoo.com/auto-news/1012586/Beijing-Hyundai-to-expand-green
-taxi-fleets.html

Shanghai, October 19 (Gasgoo.com) Beijing Hyundai Motor Co, a joint venture
in China between Hyundai Motor Co and Beijing Automotive Industry Holdings
Co, said it would develop green taxis that can burn 10 percent less fuel in
future.

 

Li feng, executive vice president of Beijing Hyundai, said they believe
demand for new energy vehicles will mainly arise from traditional public
transportation system. At the mean time, Beijing-Hyundai will also focus on
developing new energy cars to cater to the potential high demand in taxi
market.

 

For the first nine months of the year, Beijing Hyundai sold 412,399 cars, up
88% year-on-year. The company expects to sell 550,000 vehicles by the end of
this year.

 

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