Hyundai reaches 100 million vehicle production milestone globally

To mark the occasion, the company delivered its 100 millionth and first vehicle, a Hyundai Ioniq 5, directly to a customer at its Ulsan plant in South Korea.

South Korean auto major Hyundai Motor Company today announced that it has reached 100 million units of global cumulative production. The milestone has been accomplished in just 57 years since the company’s foundation, making it one of the fastest in the global automotive industry.

To mark the occasion, the company delivered its 100 millionth and first vehicle, a Hyundai Ioniq 5, directly to a customer at its Ulsan plant in South Korea.

"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," said Jaehoon Chang, President and CEO, Hyundai Motor Company.

"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," he added.

The Ulsan plant began operations in 1968 and holds significant historical importance as the 'birthplace of the development of the Korean automobile industry'. The plant produced Korea's first mass-produced independent model, the Pony, in 1975. Currently, the plant is a central hub for electrification, and the company is establishing a dedicated electric vehicle (EV) facility at the site.

"Each and every employee at Hyundai Motor has contributed to the accumulation of 100 million units through their hard work and dedication," said Dong Seock Lee, President and Head of Domestic Productions and Chief Safety Officer, Hyundai Motor Company, adding that the auspicious occasion is just the first step towards the future era of electrification that Hyundai Motor will lead.

The historic achievement follows Hyundai Motor's continuous growth, fuelled by the launch of the premium brand Genesis, the high-performance brand N, and the introduction of EVs such as the Ioniq 5 based on the dedicated electric global modular platform (E-GMP).

The company's global footprint has expanded with production facilities in Turkey, India, the U.S., and the Czech Republic, contributing to record achievements, including surpassing 50 million vehicles manufactured in 2013.