AutoBeijingBerlinBrusselsDelhiLondonMelbourneMoscowMSMENew YorkNewsParisTokyoTPI SpecialWorld

Hyundai’s $58B 2030 Vision: 5.55M Global Vehicles & 3.3M EVs, 8 Points

Delhi / Seoul / New York / Beijing / Moscow / Berlin / Brussels / London / Paris / Melbourne

Hyundai Motor’s Bold 2030 Vision: $58B Investment & 5.55M Global Sales Target


1. Hyundai Motor 2030 Targets

  1. Global Vehicle Sales: 5.55 million units by 2030

  2. Electrified Vehicles: 3.3 million units (60% of total sales)

    • 18+ hybrid models, full EV lineup

    • First Extended Range EVs (EREVs) from 2027 with 600+ mile range

  3. Regional EV Launches:

    • Europe: IONIQ 3

    • India: First locally designed EV

    • China: Elexio SUV & electric sedan


2. Product Portfolio Expansion

  1. Hybrid Vehicles: 18+ models including Genesis hybrids (2026)

  2. Mid-Size Pickup Trucks: New launch before 2030 targeting U.S. market

  3. High-Performance EVs: N lineup expanding to 7+ models, targeting 100,000 units globally

  4. Commercial Vehicles: EV large vans, XCIENT Fuel Cell Trucks, Hyundai Translead trailers


3. Manufacturing & Capacity Expansion

  1. HMGMA Phase 2 Expansion:

    • +200,000 units by 2028

    • $2.7B investment, 3,000 new jobs

  2. Global Production Increase: +1.2 million units by 2030

    • India (Pune hub): +250,000 units

    • Ulsan EV plant: +200,000 units

    • CKD sites (Saudi Arabia, Vietnam, N. Africa): +250,000 units

  3. Software-Defined Factory:

    • Advanced automation, predictive maintenance, robotics integration

    • HMGICS technologies cascaded globally


4. Battery & Technology Leadership

  1. Next-Gen Battery Targets (by 2027):

    • 30% cost reduction

    • 15% higher energy density

    • 15% faster charging

  2. Cloud-Based Battery Management: Launch 2026, real-time diagnostics

  3. Software-Defined Vehicles (SDV):

    • High-Performance Vehicle Computer & Pleos OS

    • AI-powered mobility services: Atria AI, Gleo AI, Capora AI

  4. Fuel Cell Technology: 73,000 cumulative sales, next-gen systems for commercial use


5. Genesis Luxury Brand Expansion

  1. Annual Sales Goal: 350,000 units by 2030

  2. Luxury EVs & Hybrids: Multi-energy powertrains across all models

  3. Global Expansion: U.S., Europe, Middle East, Korea, China, emerging markets

  4. Racing & Innovation: Magma Racing technology transfers to production models


6. Strategic Partnerships

  1. Waymo: Fully autonomous IONIQ 5 for U.S. road testing

  2. General Motors: 5 co-developed vehicles by 2028, 800,000 projected sales

  3. Amazon Autos: Online marketplace integration, improved dealer profitability


7. Financial Highlights

  1. Revenue Growth: 5–6% target for 2025

  2. Operating Profit Margin: 6–7% (adjusted for U.S. tariffs)

  3. Investment Plan (2026–2030): KRW 77.3T (~$58B)

    • R&D: KRW 30.9T

    • CAPEX: KRW 38.3T

    • Strategic Investments: KRW 8.1T

  4. U.S. Localization: KRW 15.3T (~$11B) for capacity expansion & robotics

  5. Operating Margin Goals: 7–8% by 2027, 8–9% by 2030

  6. Total Shareholder Return: 35% TSR policy (2025–2027), DPS ≥ KRW 10,000


8. Key Takeaways for Investors

  • Hyundai is aggressively expanding EV & hybrid portfolios globally

  • $58B investment ensures growth in manufacturing, software, and R&D

  • Strategic partnerships accelerate autonomous and electrified mobility

  • Strong Genesis brand growth enhances luxury market presence

  • Localized production in key markets improves profitability and supply chain resilience


Disclaimer: The Profit India provides news and analysis for informational purposes only. This content is not financial advice. Investors should conduct their own research before making decisions.


Related Articles

Back to top button