Hyundai Motor Company reached 100 million production units

2024-09-30 14:37:16

Hyundai Motor Company celebrated an important milestone, reaching 100 million units of cumulative production worldwide.

This achievement was achieved in just 57 years since the company was founded, making it one of the fastest in the global automotive industry. In honor of this milestone, Hyundai Motor held a ceremony at its Ulsan plant in Korea.

As a token of gratitude for its customers’ unwavering support and trust, the company delivered its 100 millionth and first vehicle, an IONIQ 5, directly to a customer. The vehicle rolled off the final inspection conveyor belt at the Ulsan plant shipping center during a special handover ceremony.

The event also included a celebratory display commemorating “100 million and 1”, symbolizing Hyundai Motor’s commitment to go one step further with its past achievements as a foundation.

“Achieving cumulative global production of 100 million vehicles is a significant milestone made possible by our customers around the world who chose and supported Hyundai Motor from the beginning,” said Jaehoon Chang, President and CEO of Hyundai Motor Company. .

“Taking on bold challenges and constantly seeking innovation has allowed us to achieve rapid growth and will allow us to take ‘one more step’ towards another 100 million units as a radical change in the field of mobility.”

The Ulsan plant, which began operations in 1968, has significant historical significance as the “cradle of the development of the Korean automotive industry.” Notably, the plant produced Korea’s first independent mass-produced model, the Pony, in 1975. Today, the Ulsan plant is an electrification powerhouse, and the company is establishing a dedicated electric vehicle (EV) facility in the site.

“Each and every employee of Hyundai Motor has contributed to the accumulation of 100 million units through their hard work and dedication,” said Dong Seock Lee, president and head of domestic productions of Hyundai Motor Company.

“This auspicious occasion is just the first step towards the future era of electrification that Hyundai Motor will lead.”

This historic achievement follows Hyundai Motor’s continued growth, driven by the launch of the premium Genesis brand, the high-performance N brand and the introduction of electric vehicles such as the IONIQ 5 based on the dedicated electric global modular platform (E-GMP). .

The company’s global presence has expanded with production facilities in Turkey, India, the US and the Czech Republic, contributing to record achievements including surpassing 50 million vehicles manufactured in 2013.

Last year, Hyundai Motor leveraged this momentum to establish the Hyundai Motor Group Global Innovation Center in Singapore (HMGICS), a new concept of smart urban mobility hub.

The innovative manufacturing platforms and advanced technologies developed there, including artificial intelligence (AI), robots and smart factories, will be incorporated into future manufacturing plants, such as Hyundai Motor Group Metaplant America (HMGMA), maximizing plant efficiency. production. The company continues to innovate and expand, building on its success and commitment to excellence.

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