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Hyundai’s Remarkable Milestone: 100 Million Cars Produced, With Eyes on the Next 100 Million

Hyundai has achieved a remarkable milestone, having built 100 million cars globally since its founding in 1967. To mark the occasion, the company handed over its 100 millionth and first vehicle, an all-electric Ioniq 5, to its new owner. The symbolic gesture of not highlighting the exact 100 millionth car, but rather the one after, reflects Hyundai’s philosophy of always striving to go “one step further” in its accomplishments.

Hyundai’s automotive journey began in 1968 with the production of its first car, the Pony, at its Ulsan plant in South Korea, which is still a cornerstone of the company and has the capacity to produce 1.6 million cars annually. Over the past 57 years, Hyundai has expanded its global footprint with factories in countries such as the Czech Republic, India, Turkey, and the United States.

It took the automaker until 2013 to reach its first 50 million units produced. Impressively, the next 50 million were achieved in just 11 years, highlighting the brand’s rapid growth and continued innovation in the automotive industry.

Jaehoon Chang, President and CEO of Hyundai Motor, attributed this milestone to the unwavering support of Hyundai’s global customer base, emphasizing the company’s commitment to innovation and continued progress. Hyundai is now setting its sights on becoming a mobility game changer, with a focus on reaching another 100 million units in the future.

While Hyundai may not have a long history in motorsport or high-performance vehicles, its recent foray into performance cars has been notable. The Veloster N marked its entry into this space, while the Ioniq 5 N is earning acclaim as one of the most exciting electric vehicles on the market, showcasing Hyundai’s innovative spirit.

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