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Hyundai and Kia’s Electrification Strategy and Korean Market Trends
Hyundai-Kia plants in Korea 表は左右にスクロールできます Assembly plant Annual production capacity (1,000 units) 2024 Actual production (1,000 units) Production models and trends Hyundai Ulsan 1,650(2026) 1,534 Hyundai Kona, Avante (Elantra), Tucson, Santa Fe, Ioniq 5, ST1, Palisade, Venue, Staria, NEXO/Genesis G90, G80, G70, GV80, GV70, GV60Dedicated EV plant (annual production capacity of 250,000 units) completed in 202...
Market & Tech Reports Updated at: 2025/10/23
GAIKINDO Indonesia International Auto Show 2025
Hyundai has been losing momentum since 2024 as it has been pushed back by Chinese EV manufacturers. Its sales volume in July 2025 has been overtaken by BYD and Chery. Fourteen vehicles (three EVs, three Hybrids, and eight ICE vehicles) were on display at the show. The Stargazer Cartenz X and Palisade Hybrid were announced this time. Stargazer Cartenz X Palisade Hybrid All Japanese manufacturers were exhibiting at the event...
Market & Tech Reports Updated at: 2025/09/19
Thailand International Motor Expo 2024 (2) Japanese OEMs and Others
Toyota HEV lineup Lexus LBX Bespoke Honda HR-V e:HEV RS and e:N1 electric SUV Mitsubishi Xpander HEV and Xpander Cross HEV Isuzu D-MAX 2.2 MaxForce pickup truck Mazda BT-50 pickup truck and CX-5 SUV Nissan Serena MPV and Kicks e-POWER Suzuki Swift sport hatchback, and Jimny Off-road Edition Hyundai Palisade SUV Ford Ranger MS-RT Volvo Cars EX90 electric SUV Mercedes-Benz G-Class SUV BMW X3 and M5 PHEV MINI Countryman S ALL4 Audi Q7 TFSI e quattro...
Market & Tech Reports Updated at: 2025/01/16
Korean Market and OEM Activities: Slowdown in EV Demand, Expanding HV lineup
cted to be 4.83 million units. Vehicle production capacity in Korea by OEM Assembly plant Production capacity(1,000 units) Production in 2023(1,000 units) Models and activities Hyundai Motor Co., Ltd. Ulsan 1400→1,600 (2025) 1,579 Hyundai Kona, Avante(Elantra), Tucson, Santa Fe, Ioniq 5, Palisade, Venue, Staria, NEXO/Genesis G90, G80, G70, GV80, GV70, GV60.Construction of an EV dedicated plant (annual capacity of 200,000 units) schedul...
Market & Tech Reports Updated at: 2024/07/25
Korean Market and Brands: Public and Private Sectors Building EV/Battery Production Capacity
usively for EVs by extending its Ulsan Plant. Vehicle production capacity in Korea by OEM Assembly plant Production capacity(1,000 units) Production in 2022(1,000 units) Models and activities Hyundai Motor Company Ulsan 1,400 1,424 Hyundai Kona, Avante (Elantra), Tucson, Santa Fe, Ioniq 5, Palisade, Venue, Staria, NEXO/Genesis G90, G80, G70, GV80, GV70, GV60Construction of an EV dedicated plant started in Q4 2023 and scheduled to be comp...
Market & Tech Reports Updated at: 2023/07/05
Auto Shanghai 2023: Emerging EV Automakers
hip models, including the new "VOYAH FREE" (equipped with the Apollo Highway Driving Pro smart driving product), the "Lynk & Co 09" (equipped with Xiaodu's voice recognition software development kit), and the Apollo smart cockpit advanced technology experience vehicle (modified from a Hyundai Motor Palisade upscale SUV). Among them, the Apollo smart cockpit advanced technology experience vehicle is equipped with smart cockpit advanced innovative ...
Market & Tech Reports Updated at: 2023/05/08
Korean market and domestic brand trends: Semiconductor shortages reducing production and sales
will be 4.853 million units per year. Vehicle production capacity in Korea by OEM Assembly plant Production capacity(1,000 units) Production in 2020(1,000 units) Models and activities Hyundai Motor Ulsan 1,400 1,346 Hyundai Veloster, Kona, Avante (Elantra), Tucson, Santa Fe, Ioniq 5, i30, Palisade, Venue, Staria, NEXO/Genesis G90, G80, G70, GV80, GV70, GV60 Asan 300 237 Hyundai Grandeur (Azera), Sonata, Ioniq 6(2022- planned) Je...
Market & Tech Reports Updated at: 2022/03/01
Bangkok International Motor Show 2021 (Part 1): GWM unveils its lineup of electric vehicles
ORA Good Cat BEV, and POER EV pickup truck Volvo Cars: new XC40 Recharge Pure Electric Lexus: UX 300e BEV and new LS 500h Toyota: Yaris and Ativ "PLAY" limited edition Honda: City e:HEV and all-new City Hatchback Suzuki: new Swift custom design Subaru: all-new Outback 2.5i-T EyeSight Hyundai: new Palisade SUV Smart mobilities showcased at EV Smart City zone 42nd Bangkok International Motor Show 2021 venue From March 24 - April 4, 20...
Market & Tech Reports Updated at: 2021/04/01
Korean market and trends of domestic brands: Tax breaks boosting domestic sales
ow to 4,816,000 units. Vehicle production capacity in Korea by OEM Assembly plant Annual production capacity (1,000 units) Production in 2019 (1,000 units) Models and activities Hyundai Motor Ulsan 1,400 1,510 Hyundai Veloster, Kona, Avante (Elantra), Tucson, Santa Fe, Ioniq, Genesis, i30, Palisade, Venue, ix35, NEXO, etc. Asan 300 232 Hyundai Grandeur (Azera), Sonata Jeonju 103 44 Hyundai buses and trucks Kia Motors Hwasung 563 48...
Market & Tech Reports Updated at: 2020/11/12
OEM Measures to Expand Sales of SUVs and Pickups in the U.S.
horizontally-opposed direct injection engine or a 2.4L horizontally-opposed direct injection turbo engine. All Subaru vehicles are equipped with the EyeSight driving support system as standard equipment. Hyundai/Kia Increased sales in 2019 by aggressively introducing new SUVs 2020 Hyundai Palisade (Source: Hyundai) Hyundai/Kia will launch the Hyundai Palisade midsize crossover SUV in July 2019 and its sibling vehicle, the Kia Tell...
Market & Tech Reports Updated at: 2020/05/20
Korean market and trends of domestic brands: 2019 production forecasted to fall below 2018 level
to 4,808,000 units. Domestic vehicle production capacity by OEM Plant Annual production capacity (1,000 units) Production in 2018(1,000 units) Models and movement Hyundai Motor Ulsan 1,410 1,475 Hyundai Accent, Veloster, Kona,Avante (Elantra), Tucson, Santa Fe, Ioniq, Genesis, i30, i40, Palisade, Venue(2019-), etc. Asan 300 242 Hyundai Grandeur (Azera), Sonata Jeonju 103 29 Hyundai buses and trucks Kia Motors Hwasung 563 464 Kia...
Market & Tech Reports Updated at: 2019/08/16
North American International Auto Show 2019: Asian OEMs
ric concepts and SUVs Summary Toyota emphasizes performance with Supra, Lexus LC Convertible concept and Lexus RC F Nissan envisions electric future with EV concepts Kia utilizes additional display area with Telluride and Soul Hyundai displays contrasting vehicle segments with Elantra GT N Line and Palisade Honda shows previously revealed Passport GAC unveils Entranze Concept, prepares for U.S. launch in 2020 Toyota Supra The 2019 Nor...
Market & Tech Reports Updated at: 2019/02/28
Hyundai Motor Group: advancing electrification with the Kona Electric SUV
nd FCVs (May 2018) Hyundai Veloster N under Hyundai’s high-performance “N” series (NAIAS 2018) In its new model launch plan, Hyundai Group is expanding its model lineup for SUVs. HMC released the new Santa Fe midsize SUV and the Kona subcompact SUV in 2018, and plans to launch the Palisade full-size SUV and another subcompact SUV that is positioned below the Kona in 2019. Meanwhile, Kia Motors introduced the Niro EV compact SUV ...
Market & Tech Reports Updated at: 2018/12/20
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