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Hyundai Aims to Sell 1.87 Million Pure Electric Models by 2030 Market Share 7%

E-Car Hyundai Motor said on 2022 CEO Investor Day that it plans to sell 1.87 million pure electric models by 2030, with a market share of 7%, further accelerating the electrification strategy.

Hyundai Aims to Sell 1.87 Million Pure Electric Models by 2030 Market Share 7%
Hyundai Aims to Sell 1.87 Million Pure Electric Models by 2030 Market Share 7%

In addition, Hyundai Motor will increase production facilities for electric vehicles, develop next-generation lithium-ion battery technology, introduce an integrated modular architecture (IMA) in 2025, and invest 1.2 trillion won in the software and autonomous driving fields, with a total investment of 95.5 trillion won by 2030.

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