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Hyundai Reaches Milestone of 100 Million Vehicles Made Globally

30/09/2024 14:35

Hyundai Reaches Milestone of 100 Million Vehicles Made Globally

The milestone comes after just 57 years of the Hyundai Motor Group, making it one of the fastest achieved in automotive history.

Hyundai has ended the month on an unforgettable note, after celebrating 100 million units produced globally.

The milestone was commemorated with a special handover ceremony at the Ulsan Plant in Korea. Read on for the full story.

‘100 million and 1’

At the ceremony, an IONIQ 5 – the company’s 100 millionth and first vehicle – rolled off the final inspection line directly to the customer.

There was also a celebratory display commemorating the ‘100 million and 1’, celebrating the brand’s successful future ahead.

The Ulsan Plant was a fitting choice for the ceremony. Operating since 1968, the plant is known as ‘the birthplace of the development of the Korean automobile industry’. It produced Korea’s first mass-produced model, the Pony, in 1975.

Currently, the plant is in the process of establishing its own dedicated electric vehicle (EV) facility. Helping the Hyundai brand keep up with rapidly growing demand for EVs and more sustainable motoring.

Moving forwards

Hyundai’s historic achievement follows the brand’s impressive growth. From launching their premium brand Genesis and high-performance brand N, to an efficient EV line-up.

Last year, the brand also introduced the Hyundai Motor Group Global Innovation Center Singapore (HMGICS). This smart urban mobility hub uses the latest manufacturing platforms and advanced technologies. From artificial intelligence (AI) to robots and more.

Jaehoon Chang, President and CEO of Hyundai Motor Company, said:

“Reaching global cumulative production of 100 million vehicles is a meaningful milestone that was possible thanks to our customers around the world who have chosen and supported Hyundai Motor since the very beginning.

Taking on bold challenges and being in constant pursuit of innovation has enabled us to achieve rapid growth and will empower us to take ‘one step further’ toward another 100 million units as a mobility game changer.”

Dong Seock Lee, President and Head of Domestic Productions at Hyundai Motor Company, also commented:

“Each and every employee at Hyundai Motor has contributed to the accumulation of 100 million units through their hard work and dedication. This auspicious occasion is just the first step toward the future era of electrification that Hyundai Motor will lead.”

With the brand’s commitment to excellence and a passion to innovate and expand, the future is indeed looking bright for Hyundai.

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