Only China continues to disappoint though both Hyundai Motor Group and Hyundai Motor Company are far from being alone in their struggles there. Deciphering Hyundai EV codenamesThe EO/Elexio EV does not exist in South Korea, being exclusive to Beijing-Hyundai. The same JV will add a second electric model in September. Nonetheless, the tiny tall hatchback will have a second generation, this being pencilled in for 2028. A production model, which will be fairly toned down compared to the design study, is due to be revealed later in 2026.