Hyundai Motor Company unveiled its new ‘Hyundai Way’ strategy at the 2024 CEO Investor Day, signaling a pivot from traditional car sales to a broader focus on electrification, energy solutions, and mobility services.
Aiming for 5.55 million global sales by 2030, Hyundai plans to sell 2 million EVs annually and expand its lineup to 21 electric models.
The company also plans to introduce EREV models with over 900 km range and double its hybrid offerings. In addition to advancing battery and autonomous vehicle technologies, Hyundai seeks to become a leader in hydrogen and clean energy.
This strategy will be supported by a KRW 120.5 trillion investment — more than $90 billion U.S. dollars — through 2033. More details at Hyundai Motor.
