Jose Munoz, President and CEO, Hyundai Motor Co
Hyundai Motor Company (HMC) unveiled an aggressive product roadmap at its 2026 CEO Investor Day on Wednesday, targeting global sales of 5.55 million units by 2030 while strengthening profitability across key markets, including India.The company will launch or refresh over 100 models by 2030, including its first extended-range electric vehicle (EREV) that combines the power and efficiency of a battery electric vehicle (BEV) and the convenience of an onboard charger. Out of the over 100 vehicles launches globally by 2030, it said 58 will happen in the US, 49 in Korea, 41 in Europe, 26 in India and 22 in China.Many of these will be all-new products or entries into new market segments, Jose Munoz, President and CEO of HMC, said.Strong fundamentals“Our fundamentals have never been stronger. Hyundai Motor Group is the third-largest automotive group and the second-most profitable, which gives us the ability to invest while others are pulling back. We are bringing more than 100 new models to market by 2030 with multiple powertrain options and raising our operating margin above 9 per cent,” Muñoz said.He said the company was leveraging partnerships to scale new technologies and opportunities, and becoming a physical artificial intelligence (AI) company, which will produce and deploy robots and robotaxis.He said Hyundai Motor intends to build on the performance in the first half of 2026 noting that the company delivered two million wholesale units, generating revenue of 95.2 trillion won, up 2.7 per cent year on year with an operating profit margin of 5.6 per cent.India plansIn India, the company will expand its SUV line-up, starting with the launch of an all-new electric SUV in the fourth quarter. Localised and designed for India, the new model will come equipped with a next-generation infotainment system and Level-2 assisted driving technology. India will also receive a new internal combustion engine (ICE)-powered mid-size SUV, he said.Hyundai Motor continues to invest in a local supply chain in India, aiming to source 90 per cent of vehicle content from the country by 2030, with a network of over 1,400 local suppliers and over 900 local engineers, he noted.Home to manufacturing facilities with a capacity to produce 1.1 million units a year, India will continue to be an important export hub for Hyundai Motor. The company aims to export around 30 per cent of its India production volume by 2030, to markets in West Asia, Africa, Asia and South America, he added.In October last year, Muñoz had announced investment of ₹45,000 crore in India between FY26 and FY30, to drive the next phase of growth, with 60 per cent of the spends allocated to product development and R&D, and the remaining 40 per cent to capacity and upgradation.Published on August 26, 2026
