Hyundai's Roadmap to Joining the Top Three Global EV Manufacturers by 2030

Electric VehiclesHigh Tech / High Touch
Written By Jennifer Joslyn

🔋 Hyundai's Roadmap to Joining the Top Three Global EV Manufacturers by 2030.

Hyundai Motor Company is making significant investments in research and development, new plants, and expanding its electric vehicle (EV) lines and production capacity, with the aim of becoming one of the top three global EV manufacturers by 2030. The company plans to develop two new EV platforms and introduce 18 models by 2030, targeting 2 million annual EV sales. Hyundai's focus on dedicated EV platforms and partnerships, including a joint venture in China, demonstrates its commitment to the EV market and future growth opportunities. Additionally, Hyundai is investing in the South Korean EV industry and building a new EV plant in the U.S. in collaboration with battery maker SK On.

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Jennifer Joslyn
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