Hyundai Motor Company revealed its boldest growth plan yet at its first CEO Investor Day held outside Korea. The company reinforces its target of 5.55 Million global vehicle sales by 2030.
- By 2030, Hyundai plans to sell 3.3 million electrified vehicles (EVs and hybrids), with over 18 hybrid models.
- It will move into new vehicle types like mid‑size pickups and light commercial vehicles.
- New EVs designed for specific markets will be introduced: IONIQ 3 in Europe, India’s first locally designed EV, and the Elexio SUV and an electric sedan in China.
- New EVs built for specific markets will be introduced: IONIQ 3 in Europe, India’s first locally designed EV, and the Elexio SUV and an electric sedan in China.
- Phase 2 HMGMA expansion will create production capacity of 200,000 units by 2028, with USD 2.7 billion investment offering 3,000 new jobs.
- Global manufacturing expansion integrating Software-Defined Factory targets 1.2 million additional units across it manufacturing facilities worldwide.
- Next-generation battery technology to achieve cost and performance improvements, including cloud-based battery management system from 2026.
- Software-Defined Vehicle (SDV) platform transforms customer experience.
- -Powered by High-Performance Vehicle Computer architecture, enabling continuous updates, personalized features and AI-driven mobility services.
- Genesis luxury brand to introduce EREV, hybrid and BEV powertrains across complete lineup, including its flagship SUV, targeting annual sales of 350,000 units by 2030.
- 2025 financial guidance update raises revenue growth target to 5-6%; adjusts operating profit margin to 6-7%; KRW 77.3 trillion investment planned by 2030.
The event was used to share Hyundai’s mid‑to‑long‑term plan with investors and stakeholders, highlighting its focus on bold product growth, top‑notch manufacturing, and new technology.