Hyundai Motor said in Seoul on Wednesday that it will launch more than 100 new models globally by 2030 as it faces U.S. tariffs, stronger Chinese rivals and a rapid shift toward future mobility. The plan includes more than 18 entirely new models and major expansion of hybrids, EVs and software-defined vehicles. Hyundai also kept its 2030 sales target at 5.55 million vehicles and lifted its operating profit-to-sales ratio goal to at least 9 percent. The company said it will expand global production capacity by 1.27 million units by 2030.
Hyundai Motor CEO Jose Munoz speaks during the carmaker's CEO Investor Day at Conrad Seoul, Wednesday. Courtesy of Hyundai Motor
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 full and partial model changes and derivatives. More than 18 of them will be entirely new models entering vehicle segments where Hyundai currently has no lineup.
