Hyundai
Compare Hyundai…Hyundai Motor Company manufactures and distributes motor vehicles and parts worldwide.
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HyundaiHyundai Motor Company manufactures and distributes motor vehicles and parts worldwide.
Countries and regions where Hyundai Motor Group passenger cars are sold
Produces mainstream to luxury EVs under Hyundai, Kia, and Genesis using the dedicated E-GMP platform. Third-largest auto group globally with 7M+ annual sales and 650K+ EV deliveries in 2024. Targeting 2M annual EV sales by 2030 with major investments in solid-state batteries, robotics, and affordable EV platforms.
Key Milestones
Hyundai Motor Company founded in Seoul by Chung Ju-yung as a Ford assembly partner; expands into in-house design with Pony 1975, acquires Kia 1998, and becomes Korea's largest automaker with global top-3 ambitions.
Hyundai launches the first Tucson Fuel Cell EV in California — an early commercial bet on hydrogen alongside BEVs, making Hyundai the first OEM to lease a mass-produced fuel-cell SUV.
Ioniq Electric debuts as Hyundai's first dedicated EV nameplate, alongside hybrid and plug-in variants — a multi-powertrain hedge that becomes the conceptual precursor to the Ioniq sub-brand.
Kona Electric launches as one of the first long-range mainstream BEV crossovers (250+ miles EPA), winning North American Utility of the Year 2019 and validating Hyundai's affordable-long-range positioning.
Hyundai launches Ioniq as a dedicated EV sub-brand under Hyundai (separate from Kia and Genesis EVs) — first dedicated EV brand from a top-5 global OEM and a structural commitment to EV-only naming.
Reveals E-GMP — an 800V dedicated EV platform supporting 350 kW fast charging, V2L power output, and shared across Hyundai, Kia, and Genesis. Becomes one of the most capable EV platforms in the industry.
Ioniq 5 unveiled — the first vehicle on E-GMP and Hyundai's flagship retro-futurist EV; later wins 2022 World Car of the Year and three other global awards, vaulting Hyundai into EV-design leadership.
Kia EV6 launches on E-GMP — the GT variant later wins 2022 European Car of the Year and matches Tesla on 0-60 performance, broadening Hyundai Group's EV-platform halo.
Hyundai Ioniq 6 launches in Korea — a streamliner sedan with a 0.21 drag coefficient targeting Tesla Model 3 buyers; further proof of Hyundai's EV design audacity.
Kia EV9 unveiled as the brand's first three-row electric SUV — an Ioniq 9 sibling on E-GMP and Hyundai Group's first high-volume large-family EV, important for U.S. EV-tax-credit positioning.
Hyundai Motor Group Metaplant America (HMGMA) in Georgia begins Ioniq 5 production — a $7.6B EV-first U.S. factory that secures full IRA tax-credit eligibility and signals Hyundai's deep U.S. EV commitment.
Metaplant America grand opening; capacity scales toward 500,000 EVs/year and adds Ioniq 9 production — Hyundai's largest U.S. industrial commitment and lifeline against IRA reshoring requirements.
Hyundai announces $26B U.S. investment plan through 2028, including expansion of Metaplant capacity to 1.2M units when including hybrid vehicles, hedging against tariff and tax-credit volatility under second Trump term.
