Hyundai Motor Achieves 100 Million Vehicle Production Milestone

Hyundai Motor Company has recently achieved a remarkable milestone by producing its 100 millionth vehicle globally. This significant achievement highlights the company's growth and innovation in the automotive industry. The journey to this milestone has been marked by the trust and support of customers worldwide, who have chosen Hyundai vehicles over the years.

To celebrate this momentous occasion, Hyundai delivered its 100 millionth and first vehicle, an IONIQ 5, directly to a customer during a special handover ceremony at the Ulsan Plant's shipping center. The event was not just a celebration of numbers; it symbolized Hyundai's commitment to continuous improvement and innovation. The display at the ceremony, which commemorated '100 million and 1', emphasized the company's goal of pushing beyond its past achievements.

Jaehoon Chang, the President and CEO of Hyundai Motor Company, expressed gratitude towards customers, stating, "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 emphasized that taking on bold challenges and pursuing innovation has been key to Hyundai's rapid growth and will continue to drive the company towards producing another 100 million vehicles.

Dong Seock Lee, President and Head of Domestic Productions and Chief Safety Officer at Hyundai, also acknowledged the hard work of every employee, saying, "Each and every employee at Hyundai Motor has contributed to the accumulation of 100 million units through their hard work and dedication." He noted that this achievement is just the beginning of a new era of electrification that Hyundai aims to lead.

This historic milestone comes on the heels of Hyundai's continuous growth, which has been fueled by the launch of its premium brand Genesis, the high-performance brand N, and the introduction of electric vehicles like the IONIQ 5, built on the dedicated electric global modular platform (E-GMP). As the automotive industry shifts towards electrification, Hyundai is positioning itself as a leader in this transformation.

Hyundai Motor's achievement of producing 100 million vehicles is not just a number; it represents the company's dedication to innovation, customer satisfaction, and a sustainable future. As Hyundai continues to evolve and adapt to the changing landscape of the automotive industry, it remains committed to delivering quality vehicles that meet the needs of its customers. This milestone serves as a reminder of the importance of trust and support from consumers, which is essential for any company's success.