Hyundai Announces Plan for Over 100 New Models by 2030
At its 2026 CEO Investor Day, Hyundai Motor Company unveiled an ambitious plan to launch more than 100 new and updated models globally by 2030. The South Korean automaker aims to increase annual global vehicle sales from 4.2 million in 2026 to 5.55 million units by the end of the decade, while also improving profitability. Hyundai delivered two million vehicles in H1 2026 and reported revenues rising 2.7% year-on-year to KRW 95.2 trillion ($68.9 billion), with an operating margin of 5.6%. The company plans to introduce its first extended-range electric vehicle (EREV) based on the Santa Fe SUV, as well as a range of new models across key markets including North America and Europe. The rollout includes significant regional strategies such as increasing local content in North American production to 80% by 2030. In India, Hyundai plans to launch an all-new electric SUV with advanced features like Level 2 assisted driving technologies later this year.
Topics: Automotive Electric Vehicles (EVs) Strategic Expansion