Overview
- At a Nov. 5 town hall in Seoul, CEO Jose Munoz emphasized product quality, strategic flexibility across powertrains and markets, and employee development.
- Leadership restated the 2030 target of 5.55 million vehicle sales with electric models projected to make up 60 percent of the total.
- Hyundai reported progress in collaborations with Waymo and GM on autonomous and co-developed vehicles as its robotics initiatives broaden the mobility ecosystem.
- Executives outlined responses to rising Chinese competition through differentiated service experiences, strategic financial partnerships and a stronger eco‑friendly powertrain mix.
- Electrification plans span hybrids, extended‑range EVs and fuel‑cell vehicles, with officials flagging an 18‑model hybrid lineup by 2030 and Genesis hybrids beginning in 2026.