Hyundai reaches historic 100 million vehicle production mark

Hyundai reaches historic 100 million vehicle production mark

ABU DHABI: Hyundai has reached a huge milestone by producing 100 million cars globally in just 57 years since its founding in 1967. To commemorate this achievement, the automaker presented its 100 millionth vehicle, an all-electric Ioniq 5, to its new owner.

KEY TAKEAWAYS

  • What milestone has Hyundai achieved?

    Hyundai has reached a huge milestone by producing 100 million cars globally in just 57 years since its founding in 1967.
  • How did Hyundai commemorate its 100 million vehicle production milestone?

    The automaker celebrated its 100 millionth vehicle production milestone by delivering an all-electric Ioniq 5, marking the special occasion by handing the vehicle to its new owner.
  • The vehicle was unveiled at Ulsan Plant's shipping center during a special handover ceremony. The event was made even more memorable with a celebratory display reading "100 million and 1," symbolizing Hyundai Motor's commitment to building on its past achievements and continuing its journey forward.

    Hyundai has significantly expanded its global operations, including the establishment of the Hyundai Motor Group Global Innovation Center in Singapore last year. This centre marks the company's first robotics smart factory for its EV models, underscoring Hyundai's commitment to clean mobility and sustainability. Additionally, Hyundai is planning the Hyundai Motor Group Metaplant America, designed to prioritize eco-friendly practices and optimize production efficiency.

    Since the 1960s, Hyundai has seen immense growth establishing plants in the United States, India, Czech Republic, and Turkey. It took the company 46 years to achieve the 50 million units production milestone in 2013 and it took 11 more years to achieve the 100 million production milestone.

    Jaehoon Chang, Hyundai’s President and CEO said that reaching 100 million vehicles in global cumulative production is a significant milestone that was only possible by the brand’s loyal customers. He emphasized that the pursuit of innovation and bold challenges will propel the automaker toward another 100 million units.

    Though Hyundai doesn’t have an extensive motorsport history, it has become a major industry player by creating top-notch vehicles. The Veloster N is its first true-performance car and the Ioniq 5 N is anticipated to become one of the most thrilling electric vehicles on the market.

    Also read: Hyundai’s Genesis likely to enter Le Mans hypercar racing

    Sippi Vig

    Sippi Vig

    Sippi is a versatile writer and specializes in crafting both blog articles and site content for the automotive industry. Her strong analytical skills help in curating articles backed with stong number analysis for our audience. She enjoys reviewing the latest cars/models and describing new technologies. She holds a master of business administration degree in finance and marketing. When she’s not working, she enjoys travel, adventure, reading, and gardening.

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