Hyundai Motor to launch more than 100 new models by 2030
Hyundai Motor will launch more than 100 new models globally by 2030, as it seeks to navigate mounting challenges from tariffs in the United States, rising Chinese rivals and the industry's rapid shift toward future mobility. The automaker unveiled the plan Wednesday at its 2026 CEO Investor Day in Seoul, attended by investors, analysts and credit rating agencies. The new vehicle launches include…
Hyundai Motor has announced plans to introduce over 100 new vehicle models globally by the year 2030, in an effort to adapt to various industry challenges. These obstacles include tariffs imposed by the United States, the emergence of aggressive Chinese competitors, and the rapid evolution of the automotive sector towards future mobility solutions.
The announcement was made by Hyundai at its 2026 CEO Investor Day in Seoul, where representatives from investors, analysts, and credit rating agencies were present. The new model additions encompass both complete reimaginings of existing models and derivative versions. Over 18 of these models will be entirely novel creations, entering segments where Hyundai currently has no presence.
Genesis, Hyundai Motor Group's luxury division, is set to debut its initial hybrid model, the GV80 hybrid, in both Korea and the United States during the latter half of the current year. An extended-range electric vehicle (EREV) is also slated for release in the first half of the subsequent year. The Tucson SUV and its hybrid counterpart are scheduled for launches in the second half of the current year.
To accommodate this expanded model portfolio, Hyundai Motor intends to augment its global production capacity by 1.27 million units by 2030. This increase will comprise 500,000 units in North America, 320,000 units in India, and a further 20,000 units elsewhere.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
