Seoul: Hyundai Motor Co. announced plans to invest 77.3 trillion won (US$55.7 billion) from 2026 to 2030 as part of its strategy to accelerate electrification, software-defined vehicles (SDVs), and manufacturing innovation. This investment represents the company’s most ambitious growth strategy to date.
According to Yonhap News Agency, Hyundai’s revised investment plan, which is 7 trillion won higher than last year’s guidance, emphasizes its ambition to become a global mobility leader. The breakdown of the investment includes 30.9 trillion won for research and development, 38.3 trillion won for capital expenditure, and 8.1 trillion won for strategic investments.
The announcement was made prior to Hyundai’s Investor Day event in New York. The South Korean automaker reaffirmed its target of achieving 5.55 million global vehicle sales by 2030, with electrified models projected to comprise 60 percent, or 3.3 million units, of that total.
Hyundai plans to expand its hybrid lineup to over 18 models and introduce a mid-size pickup in North America before 2030. Additionally, the company intends to roll out region-specific electric vehicles (EVs), such as the Ioniq 3 for Europe, a locally designed EV for India, and the Elexio sport utility vehicle (SUV) for China.
The company is set to enhance its high-performance lineup with more than seven high-performance N models by 2030 and expand its commercial vehicle offerings, including fuel cell trucks and large electric vans. Hyundai also aims to increase its U.S. production capacity to 500,000 units by 2028 through its Metaplant in Georgia, while expanding capacities in India, Korea, and Saudi Arabia.
At the Investor Day event, Hyundai Motor CEO Jose Munoz highlighted the company’s unique position in the market due to its comprehensive product offerings, manufacturing flexibility, and technological advancements. Munoz emphasized Hyundai’s commitment to delivering electrified vehicles across all segments and localizing production in key markets.
In terms of advanced technology, Hyundai plans to focus on battery innovation with goals of a 30 percent cost reduction and 15 percent improvement in energy density and charging times by 2027. The company also detailed its SDV strategy, which includes a new electronic and electrical architecture and the Pleos in-vehicle operating system.
Hyundai aims to achieve a sustainable operating profit margin of 7-8 percent by 2027 and 8-9 percent by 2030. From 2025 to 2027, the company plans to implement a shareholder return policy exceeding 35 percent through dividends, share buybacks, and treasury stock cancellations, with a minimum dividend per share of 10,000 won.
Munoz stated, “Through our commitment to electrification, our investment in software-defined vehicles, our focus on manufacturing excellence, and our dedication to treating every customer like an honored guest, we’re building the mobility company of the future.”