Key highlights
-
Hyundai sets sights on 5.55 million global sales by 2030—3.3 million from electrified models.
-
Lineup includes IONIQ 3 for Europe, India’s first locally designed Hyundai EV, and EREVs with 600+ miles of range.
-
$2.7 billion going into U.S. manufacturing, plus a massive KRW 77.3 trillion investment worldwide through 2030.
Hyundai rolled into New York for its 2025 CEO Investor Day and dropped what might be its boldest roadmap yet. The goal? 5.55 million global vehicle sales by 2030, and here’s the kicker, about 60% of that will come from electrified models. That’s hybrids, BEVs, and the brand-new Extended Range EVs (EREVs).
EVs with a local flavour
Hyundai’s not going cookie-cutter with its EV rollout. Europe gets the IONIQ 3 aimed at the mass market. India will finally see its first Hyundai designed locally from the ground up. Meanwhile, China gets the Elexio SUV and a new electric sedan. Each market gets what it actually needs, built on next-gen EV platforms.
But the real jaw-dropper is the Extended Range EVs. Set to launch from 2027, these will go more than 600 miles (956 km) on a charge. Think of them as hybrids’ smarter cousin—using high-performance batteries and tight engine-battery integration to stretch range like never before.
Luxury goes electric too
Genesis, Hyundai’s luxury arm, is going fully electrified by 2030. Sedans, SUVs, hybrids, BEVs, EREVs, you name it. The brand is chasing 350,000 annual sales and plans to sweeten the deal with expanded SUV offerings and high-tech luxury features. Basically, Genesis wants to make “sustainable opulence” a thing.
Cars that think, factories that adapt
Hyundai also made it clear the future isn’t just about what powers the wheels—it’s about what powers the experience. Its Software-Defined Vehicle (SDV) platform arrives in 2026, promising over-the-air updates, AI-driven personalization, and mobility features that evolve with you.
On the production side, the Software-Defined Factory model will scale globally. The U.S. gets a $2.7 billion boost with the Hyundai Motor Group Metaplant America, expected to add 200,000 units of annual capacity and 3,000 new jobs by 2028.
By then, 80% of Hyundai’s U.S. sales will be built domestically, with local supply chain content jumping from 60% to 80%.
Where’s the money?
To fund all this, Hyundai is dialing up its revenue growth target to 5–6% and projecting operating margins of 6–7%. The big bet? KRW 77.3 trillion (around $58 billion) in investments between 2026 and 2030—spread across product development, talent, and global expansion.
Also read: Mini Countryman JCW teaser released ahead of October 14 launch