… Targeting 5.55 million annual global sales by 2030, up 30% from 2023
… Aiming to sell 2 million EVs per year globally by 2030
… Plan to introduce new EREV models, a new type of EV with a range of more than 900 km on a single charge, in North America and China
… Aiming to offer a full lineup of 21 EV models by 2030, ranging from affordable to luxury and high-performance
… Plans to expand HEV offerings to 14 models from the current seven; Genesis luxury brand will also offer hybrid models
SEOUL, South Korea, Aug. 28, 2024 /PRNewswire/ -- Hyundai Motor Company hosted its 2024 CEO Investor Day today, unveiling its new mid- to long-term strategy, the 'Hyundai Way'.
At the event, the company disclosed its commitment to enhancing its electric vehicle (EV) and hybrid competitiveness, advancing its battery and autonomous vehicle technologies, and expanding its vision as an energy mobilizer, responding to the market environment flexibly with its dynamic capabilities.
"Under the Hyundai Way, we will respond to the market with agility thanks to Hyundai's unique flexible response system. This will secure sustainable leadership in an uncertain market environment and strategically position the company to create a future centered on mobility and energy," said Jaehoon Chang, President and CEO of Hyundai Motor Company. "Hyundai will strengthen its position as a game changer by expanding beyond vehicle manufacturing to various forms of mobility. By enhancing the role of energy business operators and realizing a hydrogen society, we intend to transform into a company that can maintain global top-tier leadership in the era of energy transition."
In 2024, Hyundai Motor secured its profitability and EV competitiveness in the market. These achievements were recognized by global rating agencies as the company earned an 'A-grade' credit rating from major global credit rating agencies. Moreover, with a global sales annual volume of 4.21 million units in 2023, Hyundai Motor helped Hyundai Motor Group to become one of the top three automakers globally.
'Hyundai Way' Detailed Strategies & Targets
'Hyundai Way' Detailed Strategies
Sales & Financial Targets
â—‹ Hyundai Dynamic Capabilities
‒ Expand hybrid lineup from 7 to 14 models (incl Genesis)
‒ New EREV to serve as key bridge to full electrification
‒ Full EV lineup of 21 models by 2030
‒ Develop new affordable NCM battery & safety tech
â—‹ Mobility Game Changer
‒ Autonomous vehicle foundry business
‒ Next-generation infotainment system & open ecosystem
‒ Reveal SDV Pace Car equipped with High-Performance
Vehicle Computer (HPVC) architecture in 2026
â—‹ Energy Mobilizer
‒ Expand the HTWO fuel cell system lineup
‒ Clean logistics business starting with HMGMA
â—‹ Global Sales Targets
‒ 5.55 million units by 2030
‒ 2 million EV sales by 2030
â—‹ Mid-to long-term Investment Plans
‒ Total: KRW 120.5 trillion (2024 ~ 2033)
â–² R&D KRW 54.5 trillion
â–² CAPEX KRW 51.6 trillion
â–² Strategic Investment KRW 14.4 trillion
â—‹ Profitability Target
‒ 2030 OP margin over 10% (consolidated basis)
â—‹ Expanding Shareholder Return Policy
‒ 2024 annual dividend: min. KRW 10,000
‒ 2025 – 2027
New total shareholder return (TSR) concept: 35%+
Target annual average ROE 11 ~ 12%
Quarterly dividend of KRW 2,500
More information about Hyundai Motor and its products can be found at: https://www.hyundai.com/worldwide/en/ or Newsroom: Media Hub by Hyundai
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Hyundai Motor Unveils New 'Hyundai Way' Strategy and Outlines Mid- to Long-Term Goals at 2024 CEO Investor Day
TAIPEI, May 17, 2025 /PRNewswire/ -- As COMPUTEX 2025, one of the most anticipated global tech events, prepares to open its doors in Taipei, AI applications are set to reach new heights. GIGAIPC, the industrial computing and edge AI subsidiary of GIGABYTE Technology, will unveil three innovative AI edge computing solutions at COMPUTEX 2025, showcasing its expertise in industrial-grade system design. Powered by NVIDIA® Jetson Orinâ„¢ modules, the flagship QN-ORAX32-A1, QN-ORNX16GH-A1, and QN-ORNX16 deliver exceptional AI performance for smart manufacturing, intelligent surveillance, smart healthcare, smart retail, and AIoT applications, setting new benchmarks for edge computing.
The QN-ORAX32-A1, built on the NVIDIA Jetson AGX Orinâ„¢ 32GB module, features an 8-core ARM v8.2 64-bit CPU and an NVIDIA Ampere GPU with 1792 CUDA® cores and 56 Tensor cores, delivering up to 200 TOPS of AI performance—six times faster than its predecessor. This enhanced computing power makes it well-suited for high-load data processing and complex AI models. Beyond its computing performance, the QN-ORAX32-A1 is also built for real-world deployment. To ensure long-term durability in harsh industrial environments, the system incorporates a fanless thermal design and wide-range DC power input.
In addition, it supports NVIDIA® JetPackâ„¢, NVIDIA Isaacâ„¢ ROS, and other Jetson platform services, enabling rapid AI integration and robotic perception, while reducing development costs. These capabilities make it an ideal choice for automated optical inspection (AOI), smart manufacturing, edge servers, and robotics.
The QN-ORNX16GH-A1 and QN-ORNX16, powered by the Jetson Orinâ„¢ NX module, offer up to 100 TOPS for real-time visual analysis, object recognition, and data inference. The QN-ORNX16GH-A1 is optimized for smart city infrastructure, autonomous mobile robots (AMRs), and industrial automation, featuring 10 LAN ports, including 8 with Power over Ethernet (PoE), enabling simultaneous data transfer and power delivery to streamline multi-device setups. The combination of edge AI inference and multi-channel PoE helps simplify front-end data acquisition and analysis, reducing wiring complexity and deployment costs. In contrast, the QN-ORNX16 is tailored for medical imaging applications, leveraging advanced AI image recognition technology. It enables real-time image processing and precise inference via trained AI models, supporting rapid diagnostics and advancing precision medicine.
COMPUTEX 2025 will be held from May 20 to 23, 9:30 a.m. to 5:30 p.m., at Taipei Nangang Exhibition Center, Hall 1, 1F. GIGAIPC will showcase its latest AI edge computing solutions at the GIGABYTE Group booth (Booth No. K0802), presenting its latest edge AI solutions for industrial applications.
For more information about GIGAIPC's products and solutions, please visit
https://www.gigaipc.com/en/contact/
About GIGAIPC
GIGAIPC Co., Ltd., established in 2018, is a subsidiary of the GIGABYTE Group focused on embedded solutions. Leveraging deep expertise in computing, the company offers board-level and system-level products for applications including 5G, IoT, machine vision, industrial automation, smart retail, and healthcare.
Backed by GIGABYTE's award-winning manufacturing, GIGAIPC is committed to exceeding expectations by delivering high-quality computing platforms along with world-class service and support. With service centers in major cities worldwide, GIGAIPC continues to expand its global presence and provide outstanding customer support.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
GIGAIPC Unveils Jetson Orin Series at COMPUTEX 2025, Advancing Industrial-Grade AI Solutions
