Hyundai Plans 100+ New Models by 2030, Targets 60% Electrified Sales

Hyundai Plans More Than 100 New and Refreshed Models

Hyundai plans to introduce or refresh more than 100 models globally by 2030 as part of its new long-term product strategy.

The company is targeting approximately 5.55 million vehicles in annual global sales by 2030, supported by an expanded portfolio covering multiple vehicle segments and markets.

The 100-plus figure includes both new and refreshed models, rather than 100 completely new electric vehicles.

60% of Hyundai Sales Targeted to Be Electrified

Hyundai is targeting 60% electrified vehicle sales globally by 2030.

The company’s electrification strategy will include:

• Battery-electric vehicles (BEVs)
• Hybrid vehicles
• Extended-range electric vehicles (EREVs)
• Other electrified powertrain technologies

This multi-powertrain approach allows Hyundai to adapt its products to different markets, charging infrastructure and customer requirements.

Hyundai Plans 600+ Mile EREV SUVs

One of the most notable parts of Hyundai’s strategy is its plan to introduce extended-range electric vehicle (EREV) SUVs from 2027.

Hyundai is targeting more than 600 miles, or approximately 965 km, of driving range for these vehicles.

EREVs use an electric drivetrain while an onboard engine-generator can provide additional electricity when required. This approach is designed to combine electric driving with the ability to travel long distances without depending entirely on charging infrastructure.

Hyundai to Expand Global Production Capacity

Hyundai also plans to increase its global manufacturing capacity by approximately 1.27 million vehicles.

The additional capacity will support the company’s expanded product lineup and growing demand across different markets.

India to Get 26 New or Refreshed Models

India will be an important part of Hyundai’s global product expansion.

The company plans to introduce 26 new or refreshed models in India by 2030, covering multiple vehicle segments.

Hyundai’s expansion could significantly increase its presence in India’s rapidly growing electrified vehicle market.

Hyundai’s EV Competition in India Could Intensify

Hyundai’s expanded electrification strategy comes as competition in India’s EV market continues to grow.

The company faces competition from manufacturers including Tata Motors, Mahindra, Maruti Suzuki and BYD.

A larger electrified lineup could give Indian buyers more choices across different price ranges, body styles and powertrain technologies.

New Battery Technology Is Also Part of the Strategy

Hyundai is also working on in-house battery cells and next-generation battery technologies.

The company’s battery-development efforts are aimed at improving vehicle performance while reducing costs.

Lower battery costs could eventually help automakers offer longer-range electrified vehicles at more competitive prices.

Why Hyundai Is Not Relying Only on Pure EVs

Hyundai’s strategy shows that the company is pursuing a broader electrification approach rather than relying exclusively on battery-electric vehicles.

BEVs, hybrids and EREVs can serve different customer needs.

While BEVs can work particularly well in markets with extensive charging infrastructure, hybrids and EREVs can provide alternatives for customers who regularly travel long distances or have limited access to charging.

What This Means for Indian EV Buyers

Hyundai’s plans could bring a significantly wider range of electrified vehicles to India over the next several years.

The planned 26 new or refreshed models could include products across multiple segments, giving customers more options as India’s EV and electrified vehicle market develops.

The company’s EREV strategy could also become important if Hyundai eventually brings the technology to India.

Hyundai’s 2030 Strategy Signals a Bigger Electrification Push

Hyundai’s latest strategy represents a major expansion of its global product portfolio and electrification ambitions.

With more than 100 new and refreshed models, a 60% electrified-sales target, expanded production capacity and 600-plus-mile EREV SUVs planned from 2027, Hyundai is preparing for a significantly broader electrified vehicle portfolio.

For India, the planned 26 new or refreshed models by 2030 could make Hyundai an even stronger competitor in the country’s rapidly evolving automotive and EV market.