Hyundai Motor Hits Main Milestone with 100 Million Automobiles Produced Globally By Investing.com

• The milestone was achieved in simply 57 years, throughout which the corporate took on daring challenges and was in fixed pursuit of innovation
• The event marks ‘one step additional’ towards future period of electrification
• The ceremony at Ulsan Plant included the supply of the 100 millionth and first car, an IONIQ 5, to a buyer

SEOUL, South Korea, Sept. 29, 2024 /PRNewswire/ — Hyundai Motor Firm (OTC:) celebrated a major milestone immediately, marking 100 million models of worldwide cumulative manufacturing. This achievement was completed in simply 57 years because the firm’s basis, making it one of many quickest within the world automotive trade. In honor of this milestone, Hyundai Motor (OTC:) held a ceremony at its Ulsan Plant in Korea.

As a token of gratitude for the unwavering assist and belief of its prospects, the corporate delivered its 100 millionth and first car, an IONIQ 5, on to a buyer. The car rolled off the ultimate inspection conveyor belt at Ulsan Plant’s delivery middle throughout a particular handover ceremony. The occasion additionally featured a celebratory show commemorating ‘100 million and 1’, symbolizing Hyundai Motor’s dedication to pushing one step additional with its previous accomplishments as the inspiration.

“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,” mentioned Jaehoon Chang, President and CEO of Hyundai Motor Firm. “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.”

“Each worker at Hyundai Motor has contributed to the accumulation of 100 million units through their hard work and dedication,” mentioned Dong Seock Lee, President and Head of Home Productions and Chief Security Officer at Hyundai Motor Firm. “This auspicious occasion is just the first step toward the future era of electrification that Hyundai Motor will lead.”

This historic achievement follows Hyundai Motor’s steady development, fueled by launch of the premium model Genesis, the high-performance model N, and introduction of EVs such because the IONIQ 5 based mostly on the devoted electrical world modular platform (E-GMP).  

To observe the commemorative video, click on right here.

Extra details about Hyundai Motor: https://www.hyundai.com/worldwide/en/ or Newsroom: Media Hub by Hyundai