Hyundai Motor Unveils New 'Hyundai Way' Strategy and Outlines Mid- to Long-Term Goals at 2024 CEO Investor Day
Hyundai Motor unveiled its new 'Hyundai Way' strategy at the 2024 CEO Investor Day, outlining ambitious goals for electrification and sustainable growth. The company aims to increase global sales to 5.55 million units by 2030, a 30% rise from 2023, including 2 million EV sales annually. Hyundai plans to introduce new EREV models with over 900 km range and expand its EV lineup to 21 models by 2030. The strategy also focuses on enhancing hybrid offerings, advancing battery and autonomous vehicle technologies, and strengthening its position in the hydrogen value chain. To support these initiatives, Hyundai will invest KRW 120.5 trillion through 2033 and implement a new shareholder return policy, including a share buyback scheme of up to KRW 4 trillion from 2025 to 2027.
Hyundai Motor ha presentato la sua nuova strategia 'Hyundai Way' durante il CEO Investor Day 2024, delineando obiettivi ambiziosi per l'elettrificazione e la crescita sostenibile. L'azienda mira ad aumentare le vendite globali a 5,55 milioni di unità entro il 2030, con un incremento del 30% rispetto al 2023, includendo 2 milioni di vendite di veicoli elettrici all'anno. Hyundai prevede di introdurre nuovi modelli EREV con oltre 900 km di autonomia e di espandere la sua gamma di veicoli elettrici a 21 modelli entro il 2030. La strategia si concentra anche sul miglioramento delle offerte ibride, sullo sviluppo di tecnologie per batterie e veicoli autonomi e sul rafforzamento della propria posizione nella catena del valore dell'idrogeno. Per supportare queste iniziative, Hyundai investirà 120,5 trilioni di KRW entro il 2033 e attuerà una nuova politica di ritorno per gli azionisti, compreso un programma di riacquisto di azioni fino a 4 trilioni di KRW dal 2025 al 2027.
Hyundai Motor presentó su nueva estrategia 'Hyundai Way' durante el CEO Investor Day 2024, delineando objetivos ambiciosos para la electrificación y el crecimiento sostenible. La compañía tiene como objetivo aumentar las ventas globales a 5,55 millones de unidades para 2030, un aumento del 30% en comparación con 2023, incluyendo 2 millones de ventas de vehículos eléctricos anualmente. Hyundai planea introducir nuevos modelos EREV con más de 900 km de autonomía y expandir su línea de vehículos eléctricos a 21 modelos para 2030. La estrategia también se centra en mejorar las ofertas híbridas, avanzar en tecnologías de baterías y vehículos autónomos, y fortalecer su posición en la cadena de valor del hidrógeno. Para apoyar estas iniciativas, Hyundai invertirá 120,5 billones de KRW hasta 2033 e implementará una nueva política de retorno para los accionistas, que incluye un plan de recompra de acciones de hasta 4 billones de KRW de 2025 a 2027.
현대자동차는 2024 CEO 투자자 데이에서 새로운 '현대 웨이' 전략을 공개하며 전기화 및 지속 가능한 성장에 대한 야심찬 목표를 제시했습니다. 이 회사는 2030년까지 글로벌 판매를 555만 대로 늘릴 계획이며, 이는 2023년 대비 30% 증가한 수치로, 연간 200만 대의 전기차 판매를 포함합니다. 현대는 900km 이상의 주행 거리를 가진 새로운 EREV 모델을 도입할 계획이며, 2030년까지 전기차 라인업을 21개 모델로 확장할 예정입니다. 이 전략은 또한 하이브리드 제품 강화, 배터리 및 자율주행차 기술 개발, 수소 가치 사슬에서의 입지 강화를 목표로 하고 있습니다. 이러한 이니셔티브를 지원하기 위해 현대는 2033년까지 120.5조 원 투자를 계획하고, 2025년부터 2027년까지 4조 원 규모의 자사주 매입 프로그램을 포함한 새로운 주주 환원 정책을 시행할 것입니다.
Hyundai Motor a dévoilé sa nouvelle stratégie 'Hyundai Way' lors de la journée investisseurs 2024, présentant des objectifs ambitieux pour l'électrification et la croissance durable. L'entreprise vise à augmenter ses ventes mondiales à 5,55 millions d'unités d'ici 2030, soit une hausse de 30 % par rapport à 2023, incluant 2 millions de ventes de véhicules électriques par an. Hyundai prévoit d'introduire de nouveaux modèles EREV avec une autonomie de plus de 900 km et d'étendre sa gamme de VE à 21 modèles d'ici 2030. La stratégie se concentre également sur l'amélioration des offres hybrides, le développement des technologies de batteries et de véhicules autonomes, ainsi que le renforcement de sa position dans la chaîne de valeur de l'hydrogène. Pour soutenir ces initiatives, Hyundai investira 120,5 billions de KRW d'ici 2033 et mettra en œuvre une nouvelle politique de retour pour les actionnaires, y compris un programme de rachat d'actions pouvant atteindre 4 billions de KRW de 2025 à 2027.
Hyundai Motor hat seine neue Strategie 'Hyundai Way' beim CEO Investor Day 2024 vorgestellt und ehrgeizige Ziele für Elektrifizierung und nachhaltiges Wachstum umrissen. Das Unternehmen plant, den globalen Verkauf bis 2030 auf 5,55 Millionen Einheiten zu steigern, was einem Anstieg von 30 % gegenüber 2023 entspricht, einschließlich jährlich 2 Millionen EV-Verkäufen. Hyundai beabsichtigt, neue EREV-Modelle mit einer Reichweite von über 900 km einzuführen und sein EV-Portfolio bis 2030 auf 21 Modelle zu erweitern. Die Strategie konzentriert sich auch auf die Verbesserung der Hybridangebote, den Fortschritt in der Batterietechnologie und autonom fahrenden Fahrzeugen sowie die Stärkung der Position in der Wasserstoff-Wertschöpfungskette. Zur Unterstützung dieser Initiativen wird Hyundai bis 2033 120,5 Billionen KRW investieren und eine neue Aktionärsrückvergütungsrichtlinie umsetzen, die ein Aktienrückkaufprogramm von bis zu 4 Billionen KRW von 2025 bis 2027 umfasst.
- 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 with a range of over 900 km on a single charge
- Expanding EV lineup to 21 models by 2030
- Expanding hybrid offerings from 7 to 14 models, including Genesis brand
- Significant investment of KRW 120.5 trillion through 2033 to support strategy
- New total shareholder return (TSR) concept of 35%+ and share buyback scheme of up to KRW 4 trillion from 2025 to 2027
- Targeting 2030 operating profit margin over 10% on a consolidated basis
- None.
- Hyundai Motor details a flexible response approach to market conditions and focus on electrification through its 'Hyundai Way' strategy
… Targeting 5.55 million annual global sales by 2030, up
… 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
… Aiming to offer a full lineup of 21 EV models by 2030, ranging from affordable to luxury and high-performance
- Introducing enhanced next-generation hybrid system with improved performance and fuel efficiency
… Plans to expand HEV offerings to 14 models from the current seven; Genesis luxury brand will also offer hybrid models
- Continuously pushing for battery technology internalization; develop affordable NCM batteries and strengthen safety technology
- Plans to commercialize autonomous driving vehicle foundry business; to supply autonomous vehicles to global autonomous driving software firms
- Aiming to secure top-tier energy leadership during the energy transition period by strengthening Group-wide hydrogen technology capabilities across the value chain
- Plan to make a significant investment of KRW 120.5 trillion through 2033 to support the 'Hyundai Way' strategy
- Employ new target shareholder return (TSR) of over
35% and rollout of a share buyback scheme of up to KRW 4 trillion from 2025 to 2027
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 |
○ 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
○ Mobility Game Changer ‒ Autonomous vehicle foundry business ‒ Next-generation infotainment system & open ecosystem ‒ Reveal SDV Pace Car equipped with High-Performance
○ Energy Mobilizer ‒ Expand the HTWO fuel cell system lineup ‒ Clean logistics business starting with HMGMA
| ○ Global Sales Targets ‒ 5.55 million units by 2030 ‒ 2 million EV sales by 2030
○ Mid-to long-term Investment Plans ‒ Total: ▲ R&D ▲ CAPEX ▲ Strategic Investment
○ Profitability Target ‒ 2030 OP margin over
○ Expanding Shareholder Return Policy ‒ 2024 annual dividend: min. ‒ 2025 – 2027 New total shareholder return (TSR) concept: Target annual average ROE 11 ~ Quarterly dividend of
|
More information about Hyundai Motor and its products can be found at: https://www.hyundai.com/worldwide/en/ or Newsroom: Media Hub by Hyundai
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SOURCE Hyundai Motor Company
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