Hyundai Motor details a flexible response approach to market conditions and focus on electrification through its ‘Hyundai Way’ strategy <\/p>\n
\u2026\u00a0\u00a0\u00a0 Targeting 5.55 million\u00a0annual global sales by 2030, up 30% from 2023<\/p>\n
\u2026\u00a0\u00a0\u00a0 Aiming\u00a0to sell 2 million EVs per year globally by 2030<\/p>\n
\u2026\u00a0\u00a0\u00a0 Plan to introduce new EREV models, a new type of EV with a range of more than 900 km on a single charge, in North America<\/span> and China<\/span><\/p>\n \u2026\u00a0\u00a0\u00a0 Aiming to offer a full lineup of 21 EV models by 2030, ranging from affordable to luxury and high-performance<\/p>\n Introducing enhanced next-generation hybrid system with improved performance and fuel efficiency <\/p>\n \u2026\u00a0\u00a0\u00a0 Plans to expand HEV offerings to 14 models from the current seven; Genesis luxury brand will also offer hybrid models<\/p>\n Continuously pushing for battery technology internalization; develop affordable\u00a0NCM batteries and strengthen safety technology Plans to commercialize autonomous driving vehicle foundry business; to supply autonomous vehicles to global autonomous driving software firms Aiming to secure top-tier energy leadership during the energy transition period by strengthening Group-wide hydrogen technology capabilities across the value chain Plan to make a significant investment of\u00a0KRW\u00a0120.5 trillion through 2033 to support the ‘Hyundai Way’ strategy Employ new target shareholder return (TSR) of over 35% and rollout of a share buyback scheme of up to KRW\u00a04 trillion from 2025 to 2027 <\/p>\n SEOUL, South Korea<\/span>, Aug. 28, 2024<\/span> \/PRNewswire\/ — Hyundai Motor Company hosted its\u00a02024 CEO Investor Day<\/a> today, unveiling its new mid- to long-term strategy, the ‘Hyundai Way’.\u00a0<\/p>\n <\/a> At the event, the company disclosed its commitment to enhancing its electric vehicle (EV) and hybrid competitiveness, advancing its battery and autonomous vehicle technologies, and expanding its vision as an energy mobilizer, responding to the market environment flexibly with its dynamic capabilities.<\/p>\n “Under the Hyundai Way, we will respond to the market with agility thanks to Hyundai’s unique flexible response system. This will secure sustainable leadership in an uncertain market environment and strategically position the company to create a future centered on mobility and energy,” said Jaehoon Chang<\/span>, President and CEO of Hyundai Motor Company. “Hyundai will strengthen its position as a game changer by expanding beyond vehicle manufacturing to various forms of mobility. By enhancing the role of energy business operators and realizing a hydrogen society, we intend to transform into a company that can maintain global top-tier leadership in the era of energy transition.” \u00a0<\/p>\n In 2024, Hyundai Motor secured its profitability and EV competitiveness in the market. These achievements were recognized by global\u00a0rating\u00a0agencies as the company earned an ‘A-grade’ credit rating from major global credit rating agencies. Moreover, with a global sales annual volume of 4.21 million units in 2023, Hyundai Motor helped Hyundai Motor Group to become one of the top three automakers globally.<\/p>\n ‘Hyundai Way’ Detailed Strategies & Targets<\/p>\n ‘Hyundai Way’ Detailed Strategies<\/span><\/p>\n Sales & Financial Targets<\/span><\/p>\n \u25cb Hyundai Dynamic Capabilities<\/span><\/p>\n \u2012\u00a0Expand hybrid lineup from 7 to 14 models (incl Genesis)<\/span><\/p>\n \u2012\u00a0New EREV to serve as key bridge to full electrification<\/span><\/p>\n \u2012\u00a0Full EV lineup of 21 models by 2030<\/span><\/p>\n \u2012\u00a0Develop new affordable NCM battery & safety tech<\/span><\/p>\n \u00a0<\/span><\/p>\n \u25cb Mobility Game Changer<\/span><\/p>\n \u2012\u00a0Autonomous vehicle foundry business<\/span><\/p>\n \u2012\u00a0Next-generation infotainment system & open ecosystem<\/span><\/p>\n \u2012\u00a0Reveal SDV Pace Car equipped with High-Performance \u00a0<\/span><\/p>\n \u25cb Energy Mobilizer<\/span><\/p>\n \u2012\u00a0Expand the HTWO fuel cell system lineup<\/span><\/p>\n \u2012\u00a0Clean logistics business starting with HMGMA<\/span><\/p>\n \u00a0<\/p>\n \u25cb Global Sales Targets<\/span><\/p>\n \u2012\u00a05.55 million units by 2030<\/span><\/p>\n \u2012\u00a02 million EV sales by 2030<\/span><\/p>\n \u00a0<\/p>\n \u25cb Mid-to long-term Investment Plans<\/span><\/p>\n \u2012\u00a0Total: KRW 120.5 trillion (2024 ~ 2033)<\/span><\/p>\n \u25b2 R&D KRW 54.5 trillion<\/span><\/p>\n \u25b2 CAPEX KRW 51.6 trillion<\/span><\/p>\n \u25b2 Strategic Investment KRW 14.4 trillion<\/span><\/p>\n \u00a0<\/span><\/p>\n \u25cb Profitability Target<\/span><\/p>\n \u2012\u00a02030 OP margin over 10% (consolidated basis)<\/span><\/p>\n \u00a0<\/span><\/p>\n \u25cb Expanding Shareholder Return Policy<\/span><\/p>\n \u2012\u00a02024 annual dividend: min. KRW 10,000<\/span><\/p>\n \u2012\u00a02025 \u2013 2027<\/span><\/p>\n New total shareholder return (TSR) concept: 35%+<\/span><\/p>\n Target annual average ROE 11 ~ 12%<\/span><\/p>\n Quarterly dividend of KRW 2,500<\/span><\/p>\n \u00a0<\/p>\n<\/div>\n More information about Hyundai Motor and its products can be found at: https:\/\/www.hyundai.com\/worldwide\/en\/<\/a>\u00a0or Newsroom: Media Hub by Hyundai<\/a>\u00a0<\/p>\n <\/a> <\/p>\n Hyundai Motor details a flexible response approach to market conditions and focus on electrification through its ‘Hyundai Way’ strategy <\/p>\n \u2026\u00a0\u00a0\u00a0 Targeting 5.55 million\u00a0annual global sales by 2030, up 30% from 2023<\/p>\n \u2026\u00a0\u00a0\u00a0 Aiming\u00a0to sell 2 million EVs per year globally by 2030<\/p>\n \u2026\u00a0\u00a0\u00a0 Plan to introduce new EREV models, a new type of EV with a range of more than 900 km on a single charge, in North America<\/span> and China<\/span><\/p>\n \u2026\u00a0\u00a0\u00a0 Aiming to offer a full lineup of 21 EV models by 2030, ranging from affordable to luxury and high-performance<\/p>\n Introducing enhanced next-generation hybrid system with improved performance and fuel efficiency <\/p>\n \u2026\u00a0\u00a0\u00a0 Plans to expand HEV offerings to 14 models from the current seven; Genesis luxury brand will also offer hybrid models<\/p>\n Continuously pushing for battery technology internalization; develop affordable\u00a0NCM batteries and strengthen safety technology Plans to commercialize autonomous driving vehicle foundry business; to supply autonomous vehicles to global autonomous driving software firms Aiming to secure top-tier energy leadership during the energy transition period by strengthening Group-wide hydrogen technology capabilities across the value chain Plan to make a significant investment of\u00a0KRW\u00a0120.5 trillion through 2033 to support the ‘Hyundai Way’ strategy Employ new target shareholder return (TSR) of over 35% and rollout of a share buyback scheme of up to KRW\u00a04 trillion from 2025 to 2027 <\/p>\n SEOUL, South Korea<\/span>, Aug. 28, 2024<\/span> \/PRNewswire\/ — Hyundai Motor Company hosted its\u00a02024 CEO Investor Day<\/a> today, unveiling its new mid- to long-term strategy, the ‘Hyundai Way’.\u00a0<\/p>\n <\/a> At the event, the company disclosed its commitment to enhancing its electric vehicle (EV) and hybrid competitiveness, advancing its battery and autonomous vehicle technologies, and expanding its vision as an energy mobilizer, responding to the market environment flexibly with its dynamic capabilities.<\/p>\n “Under the Hyundai Way, we will respond to the market with agility thanks to Hyundai’s unique flexible response system. This will secure sustainable leadership in an uncertain market environment and strategically position the company to create a future centered on mobility and energy,” said Jaehoon Chang<\/span>, President and CEO of Hyundai Motor Company. “Hyundai will strengthen its position as a game changer by expanding beyond vehicle manufacturing to various forms of mobility. By enhancing the role of energy business operators and realizing a hydrogen society, we intend to transform into a company that can maintain global top-tier leadership in the era of energy transition.” \u00a0<\/p>\n In 2024, Hyundai Motor secured its profitability and EV competitiveness in the market. These achievements were recognized by global\u00a0rating\u00a0agencies as the company earned an ‘A-grade’ credit rating from major global credit rating agencies. Moreover, with a global sales annual volume of 4.21 million units in 2023, Hyundai Motor helped Hyundai Motor Group to become one of the top three automakers globally.<\/p>\n ‘Hyundai Way’ Detailed Strategies & Targets<\/p>\n ‘Hyundai Way’ Detailed Strategies<\/span><\/p>\n Sales & Financial Targets<\/span><\/p>\n \u25cb Hyundai Dynamic Capabilities<\/span><\/p>\n \u2012\u00a0Expand hybrid lineup from 7 to 14 models (incl Genesis)<\/span><\/p>\n \u2012\u00a0New EREV to serve as key bridge to full electrification<\/span><\/p>\n \u2012\u00a0Full EV lineup of 21 models by 2030<\/span><\/p>\n \u2012\u00a0Develop new affordable NCM battery & safety tech<\/span><\/p>\n \u00a0<\/span><\/p>\n \u25cb Mobility Game Changer<\/span><\/p>\n \u2012\u00a0Autonomous vehicle foundry business<\/span><\/p>\n \u2012\u00a0Next-generation infotainment system & open ecosystem<\/span><\/p>\n \u2012\u00a0Reveal SDV Pace Car equipped with High-Performance \u00a0<\/span><\/p>\n \u25cb Energy Mobilizer<\/span><\/p>\n \u2012\u00a0Expand the HTWO fuel cell system lineup<\/span><\/p>\n \u2012\u00a0Clean logistics business starting with HMGMA<\/span><\/p>\n \u00a0<\/p>\n \u25cb Global Sales Targets<\/span><\/p>\n \u2012\u00a05.55 million units by 2030<\/span><\/p>\n \u2012\u00a02 million EV sales by 2030<\/span><\/p>\n \u00a0<\/p>\n \u25cb Mid-to long-term Investment Plans<\/span><\/p>\n \u2012\u00a0Total: KRW 120.5 trillion (2024 ~ 2033)<\/span><\/p>\n \u25b2 R&D KRW 54.5 trillion<\/span><\/p>\n \u25b2 CAPEX KRW 51.6 trillion<\/span><\/p>\n \u25b2 Strategic Investment KRW 14.4 trillion<\/span><\/p>\n \u00a0<\/span><\/p>\n \u25cb Profitability Target<\/span><\/p>\n \u2012\u00a02030 OP margin over 10% (consolidated basis)<\/span><\/p>\n \u00a0<\/span><\/p>\n \u25cb Expanding Shareholder Return Policy<\/span><\/p>\n \u2012\u00a02024 annual dividend: min. KRW 10,000<\/span><\/p>\n \u2012\u00a02025 \u2013 2027<\/span><\/p>\n New total shareholder return (TSR) concept: 35%+<\/span><\/p>\n Target annual average ROE 11 ~ 12%<\/span><\/p>\n Quarterly dividend of KRW 2,500<\/span><\/p>\n \u00a0<\/p>\n<\/div>\n More information about Hyundai Motor and its products can be found at: https:\/\/www.hyundai.com\/worldwide\/en\/<\/a>\u00a0or Newsroom: Media Hub by Hyundai<\/a>\u00a0<\/p>\n
Hyundai Motor 2024 CEO Investor Day<\/span><\/p>\n<\/div>\n
Vehicle Computer (HPVC)\u00a0architecture in 2026<\/span><\/p>\n
<\/span><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"
Hyundai Motor 2024 CEO Investor Day<\/span><\/p>\n<\/div>\n
Vehicle Computer (HPVC)\u00a0architecture in 2026<\/span><\/p>\n