As Hyundai Motor Group’s chairman Euisun Chung looked to 2024, he rallied his team with an inspiring message: despite a strong year behind them, even greater things are just around the corner – and they’re coming soon. As Hyundai’s top executive noted, “The greatest challenge lies in returning.”
Hyundai Motor Group, comprising Kia and Genesis, is enjoying a record-breaking year. Global gross sales are poised to shatter records once again with a projected high-performing performance.
Hyundai is just getting started under its visionary CEO’s guidance. During a city corridor meeting on the company’s cutting-edge innovation hub in Singapore, Chung addressed executives and employees, saying, “So far, our journey has been great, but I believe the best is yet to come.”
Hyundai inaugurated a state-of-the-art facility in November to manufacture bespoke electric vehicles. Patrons can now personalize their vehicles from the comfort of their own homes. Take a step into the company’s sprawling 675-yard rooftop observation deck, where you can gain a deeper understanding of the vehicle by taking a closer look at it up close.
Hyundai’s innovative middleware enables seamless collaboration between electric vehicle (EV) owners and their vehicles, revolutionizing the driving experience with a Hyundai-branded ecosystem. The intelligent platform leverages robotics to automate approximately half of the tasks.
Custom-built electric vehicles, similar to Hyundai’s IONIQ 5 and IONIQ 6, and autonomous robotaxis are currently being manufactured on-site. Hyundai is expanding its Software-Defined Manufacturing (FSD) initiative to various strategic locations.
Hyundai accelerates its electric vehicle (EV) portfolio expansion alongside cutting-edge technological advancements.
As part of its efforts to drive innovation and sustainability, Chung plans to leverage Singapore’s AI, IT, and robotics capabilities to establish a network of electric vehicle-only factories that will not only cater to local demand but also expand globally in collaboration with Hyundai Motor Group’s Meta Plant America.
Hyundai launched production at its massive new electric vehicle factory in Georgia in October, following the initial US-built IONIQ 5 rolling off the assembly line.
The updated 2025 Hyundai Ioniq 5 now boasts an even more impressive range courtesy of its advanced battery technology, paired with a sleek, modern redesign that sets it apart from the competition. With its integrated NACS port, the vehicle allows seamless charging at Tesla Superchargers. Hyundai has announced plans to manufacture its inaugural three-row electric SUV, the IONIQ 9, alongside other models, set for release next year.
Hyundai has just recorded its highest-ever sales in the US, its most crucial market. Notwithstanding, the corporation anticipates further excellence through exceptional new regional designs produced locally.
According to Hyundai Motor America CEO Randy Parker, the company’s document gross sales were driven by the strong performance of its electric and hybrid vehicles. Parker’s enthusiasm is palpable as they prepare the US-market version of Hyundai’s innovative Ioniq 9, with “We won’t wait to bring it to market.”
Hyundai’s electric vehicle (EV) sales surged 77% in the US last month, a significant increase. As Hyundai’s IONIQ 5 electric vehicle entered the market with a fresh 2025 lineup, it achieved an unprecedented level of success, with nearly 5,000 models sold in a single month.
Hyundai Ioniq 5 SE Rear-Wheel Drive: Uncompromising Performance | 168-horsepower rear motor | 245 | $42,500 |
IONIQ 5 SE RWD | 225-horsepower rear motor | 318 | $46,550 |
IONIQ 5 SEL RWD | 225-horsepower rear motor | 318 | $49,500 |
IONIQ 5 Restricted RWD | 225-horsepower rear motor | 318 | $54,200 |
Ioniq 5 SE Twin Motor All-Wheel Drive | 320-horsepower twin motor | 290 | $50,050 |
The Hyundai Ioniq 5 SEL Twin Motor AWD: Electric Luxury Redefined? | 320-horsepower twin motor | 290 | $53,000 |
IONIQ 5 XRT Twin Motor: The Ultimate All-Wheel Drive Experience | 320 horsepower twin motor | 259 | $55,400 |
IONIQ 5’s advanced technology enables seamless all-wheel drive capabilities with its restricted twin motor configuration. | 320-horsepower twin motor | 269 | $58,100 |
The issue extends beyond American borders. Hyundai is set to debut innovative technology at its dedicated electric vehicle (EV) plant in Ulsan, South Korea, as well as a complete knock-down manufacturing facility in Saudi Arabia, as part of the company’s efforts to expand its global presence.