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Hyundai Motor Company Unveils Bold 2030 Vision and Product Roadmap at 2025 CEO Investor Day
Prnewswire· 2025-09-18 14:30
Core Insights - Hyundai Motor Company aims to achieve 5.55 million global vehicle sales by 2030, with a focus on electrified vehicles reaching 3.3 million units, including over 18 hybrid models and a comprehensive electric vehicle (EV) lineup [1] Vehicle Production and Expansion - The company plans to expand into new segments, including mid-size pickup trucks and light commercial vehicles [1] - New regional EVs will be introduced, such as the IONIQ 3 for Europe, India's first locally designed EV, and the China-produced Elexio and electric sedan [1] - The first Extended Range EV (EREV) models are set to launch in 2027, offering a driving range of over 600 miles [1] Manufacturing Capacity and Investment - Phase 2 of HMGMA expansion will add production capacity of 200,000 units by 2028, supported by a $2.7 billion investment that will create 3,000 new jobs [1] - Global manufacturing expansion will integrate a Software-Defined Factory, targeting an additional 1.2 million units across manufacturing facilities worldwide [1] Technological Advancements - Next-generation battery technology is expected to improve cost and performance, including a cloud-based battery management system starting in 2026 [1] - The Software-Defined Vehicle (SDV) platform will enhance customer experience through continuous updates, personalized features, and AI-driven mobility services [1] Genesis Brand Strategy - The Genesis luxury brand will introduce EREV, hybrid, and battery electric vehicle (BEV) powertrains across its complete lineup, aiming for annual sales of 350,000 units by 2030 [1] Financial Guidance - The 2025 financial guidance update raises the revenue growth target to 5–6% and adjusts the operating profit margin to 6–7% [1] - A total investment of KRW 77.3 trillion is planned by 2030 [1]