I live in southern China now and we have a Baojun 730. You can also find it in GMs website. Unlike the powershift, it has wet clutches that is likely to hurt fuel economy a bit. But it is smooth enough to pass as a regular automatic.
Like the powershift, Hyundai uses dry clutches that cannot tolerate slip like wet clutches. That’s why they have to engage asap and lurches like an inexperienced driver on lower gears
Also, note that car companies generally don’t make their own clutches; they buy them from suppliers such as BorgWarner(my car uses clutches from them), Getrag, Luk, ZF (I think they build Porsche’s PDK), etc.