Hyundai Motor to Launch More Than 100 New, Updated Models by 2030

MT Newswires Live15:05

Hyundai Motor (KRX:005380) has revealed a plan to launch more than 100 models and updates by 2030, according to its CEO Investor Day release on Wednesday.

The South Korean auto major looks to penetrate 18 new segments, with seven models to be launched over the next eight months.

The new and refreshed models include 58 for North America, 49 for Korea, 41 for Europe, 26 for India and 22 for China.

The plan includes the production of the Santa Fe extended-range electric vehicle (EREV) and Genesis EREV, the first of their kinds to be made by the company, by early 2027.

The company looks to add about 1.3 million units in its global capacity, including 500,000 in North America, 320,000 in India and 200,000 in Korea.

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