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Hyundai Raises Profit Targets and Announces 100 New Models by 2030

Hyundai Motor Group has updated its corporate strategy to include the release of more than 100 new vehicle models by 2030, alongside an increased profit margin forecast. The aggressive expansion is heavily centered on scaling up hybrid electric vehicle production, particularly for the North American market.

26 Aug, 09:19 — 26 Aug, 09:19
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Sources

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Korea HeraldMostly Factual1d ago

Hyundai Motor to launch over 100 vehicle models by 2030

Hyundai Motor Co. unveiled its most extensive product expansion yet, targeting over 100 model launches globally by 2030 across North America, South Korea and Europe. Backed by strengthening profitability, the automaker aims to leverage this massive rollout to drive its transformation into a physical AI-driven tech company. At a CEO Investor Day event in Seoul on Wednesday, Hyundai Motor Co. President and CEO Jose Munoz revealed that among the new models, 58 will be launched in North America, wit

By The Korea Herald

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Coverage Timeline

First report: Reuters · 26 Aug, 06:41Full coverage: 4 · 7hWindow: 7h
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Reuters26 Aug, 06:41First to report

Hyundai lifts margin target, expands US hybrid lineup - Reuters

3h later
Korea Herald26 Aug, 09:19

Hyundai Motor to launch over 100 vehicle models by 2030

1h later
investing-com26 Aug, 10:37

Hyundai raises 2030 profit margin target on hybrid shift

3h later
Yahoo26 Aug, 13:59Latest update

Hyundai plans 100+ vehicle launches, raises 2030 profit margin target

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