Hyundai Motor Reaches 100 million Vehicles Produced Globally

The ceremony at Ulsan Plant included the delivery of the 100 millionth and first vehicle, an IONIQ 5, to a customer

Seoul, South Korea- Hyundai Motor Company., celebrated a significant milestone today, marking 100 million units produced globally in just 57 years, making it one of the fastest in the automotive industry. a ceremony was held at the ulsan plant in korea to commemorate this achievement.

As a token of gratitude for the unwavering support and trust of its customers, the company delivered its 100 millionth and first vehicle, an IONIQ 5, directly to a customer. The vehicle rolled off the final inspection conveyor belt at Ulsan Plant’s shipping center during a special handover ceremony. The event also featured a celebratory display commemorating ‘100 million and 1’, symbolizing Hyundai Motor’s commitment to pushing one step further with its past accomplishments as the foundation.

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

Mr. 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.”