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Hyundai plans to grow global sales to 5.55 million vehicles by 2030, with 60% eco-friendly models, via $55.7B in investments.
Hyundai Motor CEO Jose Munoz announced a major expansion plan to boost global sales from 4.14 million units in 2024 to 5.55 million by 2030, with 60% of vehicles being eco-friendly.
The strategy includes more than doubling its hybrid electric vehicle lineup to 18 models, launching region-specific EVs like the Ioniq 3 in Europe and a mini electric SUV in India by 2027, and introducing an extended-range EV in 2027.
The company will invest $55.7 billion from 2025 to 2030 in R&D, manufacturing, and innovation, expanding facilities in Georgia, India, and South Korea, and advancing software-defined vehicles and hydrogen fuel cell technology.
Hyundai aims for a 9% operating margin by 2030 despite global challenges including trade tariffs and slowing EV demand.
Hyundai planea aumentar las ventas mundiales a 5.55 millones de vehículos para 2030, con un 60% de modelos ecológicos, a través de $ 55.7B en inversiones.