Key Points

Hyundai has revealed an ambitious 2030 electrification roadmap featuring region-specific vehicles for major markets. The automaker will introduce India's first locally-designed electric vehicle alongside expanding its hybrid lineup to 18 models globally. New production facilities in the US, Korea, and India will add 1.2 million units of manufacturing capacity. The company aims for electrified vehicles to represent 60% of its total sales by 2030, targeting 3.3 million units worldwide.

Key Points: Hyundai Unveils 18 Hybrid Models and First India-Specific EV by 2030

  • India gets first locally-designed EV with localized supply chain
  • 18 hybrid models planned including Genesis hybrids from 2026
  • 1.2M additional production capacity with plants in US, Korea, India
  • Targeting 3.3M global EV sales representing 60% of total volume
2 min read

Hyundai Motors unveils 2030 portfolio; 18 Hybrid and first EV designed for India in product roadmap

Hyundai announces 2030 strategy with 18 hybrid models, India's first locally-designed EV, and 3.3M global EV sales target. New plants in US, Korea, India.

"We are delivering comprehensive electrified portfolios across all segments, localizing production in key markets - Hyundai CEO Jose Munoz"

New Delhi, September 19

South Korea's Hyundai Motor Co. has announced a mid to long-term strategy to expand its hybrid electric vehicle (HEV) lineup and launch region-specific electric vehicles (EVs) for India and other countries.

Hyundai Motor's EV strategy features regionally tailored products designed for specific markets. "India will receive the country's first EV designed specifically for local drivers, while the market will also benefit from a localized supply chain," according to a media release from the comany.

Globally, the company plans to accelerate its production capacity by adding 1.2 million units by 2030. This includes 250,000 units from the Pune multi-model export hub in India, 500,000 additional units from Hyundai Motor Group Metaplant America (HMGMA), and 200,000 units from the dedicated EV plant in Ulsan.

HMGMA is expected to produce a mix of 10 hybrid and EV models, while the new Ulsan EV plant will manufacture up to 12 EV models through advanced robot-based automation systems enabling predictive maintenance, digital simulation and self-diagnostics.

The IONIQ 3 will target European mass-market customers with next-generation infotainment systems. China gets the locally produced Elexio SUV and C-segment electric sedan, marking a milestone in Hyundai Motor's Chinese market commitment.

Speaking at the 2025 CEO Investor Day held in Manhattan, New York, on Thursday, Hyundai Motor President and CEO Jose Munoz said, "We are delivering comprehensive electrified portfolios across all segments, localizing production in key markets, and leveraging breakthrough technologies from Software-Defined Vehicles to next-generation batteries."

With this, Hyundai Motor reaffirms its commitment to achieving 5.55 million global vehicle sales by 2030. Building on this momentum, electrified vehicles are expected to account for 60 per cent of total sales, reaching 3.3 million units, with growth anticipated in North America, Europe and Korea.

"The company will expand its hybrid lineup to more than 18 models by 2030, including the introduction of Genesis hybrid models starting from 2026. The All-New Hyundai Palisade Hybrid will also showcase next-generation TMED-II technology, offering enhanced performance and fuel efficiency," the release stated.

- ANI

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Reader Comments

R
Rohit P
Great news for Indian manufacturing! 250,000 units from Pune export hub means more jobs and economic growth. Hope the localized supply chain brings down costs for consumers too 🙌
A
Aman W
Hybrids make more sense for India right now than full EVs given our charging infrastructure challenges. Smart move by Hyundai to offer both options. The Palisade Hybrid with new technology sounds promising!
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Sarah B
While this is exciting, I hope Hyundai ensures proper after-sales service and charging infrastructure support. Many EV owners in tier 2 cities struggle with maintenance. The strategy needs to include service network expansion too.
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Vikram M
👍 Hyundai's commitment to India is impressive. They're investing when others are hesitant. The fact that they're designing specifically for Indian drivers shows they understand our unique requirements - potholes, traffic, and all!
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Nisha Z
Hope the "India-specific EV" is priced competitively. Most electric cars are still too expensive for middle-class families. Affordable pricing with good range would be a game-changer for EV adoption in our country.

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