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Hyundai surpasses 100 million global vehicle production milestone

Hyundai Motor Company has marked a significant milestone, producing 100 million vehicles since the company’s founding 57 years ago. The event was celebrated at Hyundai’s Ulsan Plant in Korea, where the 100 millionth vehicle, an IONIQ 5, and first vehicle were produced.

The achievement underscores Hyundai’s steady growth in the global automotive industry, reaching this figure in just over five decades. Its Ulsan Plant, which began operations in 1968, holds historical significance as the site of Korea’s first mass-produced model, the Pony, in 1975.

Hyundai 100 million production milestone - Korea

Today, the plant remains central to Hyundai’s operations, particularly in the company’s shift towards electrification, with a dedicated electric vehicle (EV) facility currently being established.

Hyundai CEO Jaehoon Chang noted the company’s long-standing commitment to innovation and thanked customers for their support. Chang said:

“Reaching global cumulative production of 100 million vehicles is a meaningful milestone that was possible thanks to our customers around the world who have chosen and supported Hyundai Motor since the very beginning. Taking on bold challenges and being in constant pursuit of innovation has enabled us to achieve rapid growth and will empower us to take ‘one step further’ toward another 100 million units as a mobility game changer.”

The milestone comes as Hyundai continues to expand its global reach, with production facilities in Turkey, India, the USA, and the Czech Republic. Hyundai surpassed 50 million units in 2013 and has built on that momentum with the introduction of the Genesis premium brand and the range of IONIQ electric vehicles.

Hyundai’s ongoing push into electrification is bolstered by new innovations, including smart factory technologies and artificial intelligence (AI), being developed at the Hyundai Motor Group Global Innovation Center Singapore (HMGICS), and the upcoming Hyundai Motor Group Metaplant America (HMGMA).

The company recently announced plans to develop new hybrid technologies as well which will be implemented in future Genesis models. Genesis was set for an all-electric lineup but there is now a slight shift, with some combustion engine options set to continue (in the form of hybrid).

Brett Davis

Brett started out as a motor mechanic but eventually became frustrated working on cars that weren't his. He then earned a degree in journalism and scored a job at Top Gear Australia back in 2008, and then worked at Zoom/Extreme Performance magazines, CarAdvice, and started PerformanceDrive/PDriveTV in 2011 with Josh Bennis, and ran it for 12 years. He's now the owner and managing editor here at Driving Enthusiast.

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