Hyundai Motor Group announced it will invest KRW 125.2 trillion in South Korea from 2026 to the end of 2030. This is the company's biggest-ever investment in the country.
The new investment plan is much bigger than the Group's previous one. It’s KRW 36.1 trillion more than the KRW 89.1 trillion invested in South Korea from 2021 to 2025. Over the next five years, Hyundai will invest an average of KRW 25.04 trillion per year. This is more than 40% higher than the average investment of KRW 17.8 trillion in the past five years.
This large investment shows the Group’s ability to quickly adapt to changes in the global business world and set itself up for long-term growth. The plan will help make South Korea a leader in global mobility innovation and support broader economic growth by advancing industries like AI, robotics, and green energy.
The KRW 125.2 trillion investment will be divided into three main areas:
- KRW 50.5 trillion will go into future businesses like AI, Software Defined Vehicles (SDVs), electric cars, robotics, and hydrogen.
- KRW 38.5 trillion will be spent on research and development to create new products and technologies.
A large part of the investment will focus on new businesses using advanced AI technologies, like robotics, to help build Korea’s AI/Robotics innovation.
Hyundai will also help with balanced development across the country by building EV (electric vehicle) facilities and improving production lines at factories in different regions for new car models. They will also build a PEM electrolyzer plant in the southwestern part of Korea.
With this long-term investment, Hyundai Motor Group aims to make Korea a stronger global leader in mobility production. The Group plans to expand the number of countries it exports cars to and turn Korea’s EV factories into major global export centers.
By 2030, Hyundai plans to export 2.47 million vehicles, up from 2.18 million in 2024. The Group also wants to increase exports of EVs (electric vehicles), PHEVs (plug-in hybrids), HEVs (hybrids), and FCEVs (fuel cell vehicles) from 690,000 units to 1.76 million units during the same period.
