Hyundai Reaffirms 2030 Targets as Chinese EV Rivalry Grows
Hyundai Motor Group ranks third with about 7.65 million units delivered last year as Chinese brands surge globally, led by BYD and Geely. Hyundai reaffirmed a 2030 target of 5.55 million global vehicle sales, excluding Kia and Genesis, and plans capacity to rise by 1.27 million units by 2030, with at least 0.5 million in the US.