Hyundai aims to be amongst ‘Top 3 EV makers’ by 2030

Hyundai Motor Group plans to sell around 3.6 million EVs worldwide by 2030.

Earlier this month, Hyundai Motor Group announced that they were targeting to become a ‘Top 3 EV manufacturer’ by 2030. The Korean carmaker though, didn’t reveal any strategies on how it plans to achieve this and neither did they name any other company they were targeting.

A spokesperson from Hyundai did state that the company will measure “global top 3” EV sales goals by including both passenger cars and commercial vehicles from all of its three brands, namely Hyundai, Kia & Genesis. The spokesperson also stated that the company will offer a range of 30 EV models by 2030.

As per reports, Hyundai Motor Group plans to sell around 3.6 million EVs worldwide by 2030. To put it into perspective, in 2022, HMG’s total sales tallied 3.9 million vehicles, which included all powertrain types. The Group expects its sales to be 4.3 million vehicles in 2023.

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