Home lifestyle Cars and Bikes Hyundai Aims to Raise 5.55 Mil...

Hyundai Aims to Raise 5.55 Million Sales with 60% Electrified Vehicles

Cars and Bikes

BusinessHonor - Hyundai Targets 5.55M Sales, 60% EVs

Business Honor
19 September, 2025

Hyundai aims for worldwide growth with EV expansion, tech innovation, production increases, and new models, supported by major investment.

Hyundai Motor business has made plans to sell 5.55 million cars worldwide by 2030, with 60% of them being electrified. Hyundai's aim toward becoming a worldwide leader in smart mobility was highlighted by the plan's presentation at the business's first CEO Investor Day in New York. Hyundai's plan was revealed by CEO José Muñoz, focusing on increasing its product range, improving manufacturing capacity, and introducing important technologies. Developing 3.3 million electrified vehicles by 2030, including over 18 hybrid models and a wide range of electric vehicles (EVs) suitable for various markets, is one of the major aims.

One of the new markets Hyundai aims to reach is North America with a mid-size pickup truck. In addition, the business plans to launch local EVs, like the IONIQ 3 in Europe, the first locally developed EV in India, and two new electric models in China: an electric sedan and the Elexio SUV. Hyundai aims to launch Extended Range Electric Vehicles (EREVs) with a driving range of more than 600 miles in 2027. With smaller, improved battery systems, these cars will provide outstanding handling through the combination of modern engines and batteries.

Hyundai adds 1.2 million units to its worldwide production capacity in order to support its growth. Its Georgia Metaplant will add 200,000 units and 3,000 jobs by 2028 as part of a $2.7 billion second phase. More than 80% of Hyundai's automobile sales in the US will start locally by 2030. Concerning technology, Hyundai is also launching Pleos, its own operating system, and Software-Defined Vehicle architecture (CODA). By 2027, new battery technology will be created with the aim of lowering expenses, increasing power density, and faster charging. Hyundai is becoming prepared for a future that is not only electrified but also more intelligent, quicker, and designed for the future of transport, all supported by a five-year, 77.3 trillion won investment plan.