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Hyundai Unveils 2030 Growth Targets and ₩77.3 Trillion Investment at New York Investor Day

The roadmap ties funding to factory expansion to execute a diversified electrification mix through 2030.

Overview

  • Hyundai targets 5.55 million vehicle sales by 2030 with about 60% electrified and is aiming for an 8–9% operating margin.
  • The company plans ₩77.3 trillion (about €52 billion) in investment for 2026–2030 with more than 30% allocated to R&D, and the strategy applies to Hyundai and Genesis, not Kia.
  • Global capacity is set to rise by 1.2 million units by 2030, with over 80% of U.S.-sold vehicles to be built locally and the Georgia plant ramping to 500,000 units by 2028 alongside expansions in India, Korea and CKD sites in Saudi Arabia, Vietnam and North Africa.
  • Hyundai will expand to more than 18 hybrid models by 2030, add Genesis hybrids from 2026 and launch extended‑range EVs from 2027 targeting over 960 kilometers per charge.
  • Region‑specific EVs include the Ioniq 3 for Europe, a locally developed model for India and China’s Elexio SUV plus a compact sedan, while Hyundai accelerates SDVs with the Pleos OS and pursues partnerships with Waymo, General Motors and Amazon as Genesis targets 350,000 annual sales and N grows to seven models topping 100,000 units a year.