Hyundai Motor celebrates the accomplishment of marking 100 million units of global combined production, in 57 years since the company’s foundation, in a ceremony held at its Ulsan Plant in Korea.
The company is said to have delivered their 100th and first model, IONIQ 5, directly to a customer as a gesture of thanks, which came off the final inspection conveyor belt at Ulsan plant’s shipping centre during a special handover ceremony. Along with this, the event also featured a celebratory display commemorating the 100 million and 1.
Talking about the milestone achieved, Jaehoon Chang, President and CEO of Hyundai Motor Company 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.”
He further added, “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 Ulsan Plant, known to be the ‘birthplace of the development of the Korean automobile industry’, since it began its operation in 1968, is noted to have produced the country’s first mass-produced independent model. At present, the plant is a central hub for electrification, and the company is establishing an electric vehicle (EV) facility at the site.
Dong Seock Lee, President and Head of Domestic Productions and Chief Safety Officer at Hyundai Motor Company said, “Each and every employee at Hyundai Motor has contributed to the accumulation of 100 million units through their hard work and dedication. This auspicious occasion is just the first step toward the future era of electrification that Hyundai Motor will lead.”
This milestone is driven by the introduction of its premium brand Genesis, the high-performance N brand, and electric vehicles like the IONIQ 5, built on the dedicated electric global modular platform (E-GMP). The company has also broadened its global presence with production facilities in Turkey, India, the US, and the Czech Republic, leading to record accomplishments, including exceeding 50 million vehicles manufactured by 2013.
The company also has opened the Hyundai Motor Group Global Innovation Center Singapore (HMGICS), a modern hub for smart urban mobility, developing advanced technologies including AI, robotics, and smart factories, that will be used in future production sites like Hyundai Motor Group Metaplant America (HMGMA) to improve efficiency.
