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Hyundai Motor Gd (HYMTF) delivers cutting-edge automotive solutions through its global network of manufacturing and innovation hubs. This dedicated news hub provides investors and industry professionals with centralized access to official announcements and market-moving developments.
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The Hyundai IONIQ 5 has achieved a GUINNESS WORLD RECORDS™ title for the Greatest altitude change by an electric car, recording a total elevation change of 5,802 meters during a 4,900 km journey across India. The 14-day expedition started at Umling La in Ladakh (5,799m above sea level) and concluded in Kuttanad, Kerala (3m below sea level). The vehicle demonstrated its capabilities by successfully navigating diverse conditions, from freezing Himalayan temperatures to humid coastal regions, showcasing its durability and technological excellence in extreme environments.
Hyundai Motor Group Executive Chair Euisun Chung has been re-elected as president of the Korea Archery Association (KAA) for another four-year term from January 2025 to January 2029. This marks his sixth consecutive term since 2005. Under his leadership, the KAA has achieved significant milestones, including winning 18 gold medals across five Olympics (2008-2024) and modernizing administrative systems. The association has seen substantial growth, with archer numbers increasing from 1,633 in 2005 to 2,800 by 2024. Hyundai Motor has demonstrated continued commitment to archery through sponsorship agreements with the World Archery Federation until 2025, supporting events like the Hyundai Archery World Cup.
Hyundai IONIQ 5 N has been named CarBuzz Best EV for 2025, winning against 160+ new cars evaluated. The high-performance electric SUV features 601 horsepower with an additional 40 horsepower through N Grin Boost function. CarBuzz praised the vehicle's innovative N e-Shift feature, which simulates an eight-speed dual-clutch transmission experience.
The vehicle incorporates N Active Sound+ technology with a 10-speaker system offering three distinct powertrain soundtracks: 'Ignition', 'Evolution', and 'Supersonic'. These features aim to deliver an engaging driving experience by simulating traditional ICE vehicle characteristics while maintaining electric performance benefits.
Hyundai Motor Group has achieved a leading position in the 2024 IIHS Safety Awards, securing 22 TOP SAFETY PICK (TSP) and TOP SAFETY PICK+ (TSP+) awards across its brands, representing 21% of total awards. Hyundai Motor received nine awards (4 TSP+ and 5 TSP), Genesis earned eight awards (7 TSP+ and 1 TSP), and Kia obtained five awards (1 TSP+ and 4 TSP). Notable TSP+ winners include the IONIQ 5, KONA, TUCSON, IONIQ 6 for Hyundai; G80, Electrified G80, G90, GV60, GV70, Electrified GV70, and GV80 for Genesis; and TELLURIDE for Kia.
Hyundai's IONIQ 5 N has been named The Drive's Best EV of 2024, securing a back-to-back win for the brand following IONIQ 6's victory in 2023. The high-performance electric SUV features 601 horsepower, with an additional 40 horsepower through N Grin Boost function.
The vehicle stands out for its innovative N e-Shift technology, which simulates an eight-speed dual-clutch transmission, and N Active Sound+ system featuring three distinct powertrain soundtracks through a 10-speaker system. The Drive praised the vehicle for delivering a unique driving experience that doesn't feel like a typical EV, competing successfully against more expensive alternatives.
Hyundai Motor America has been named Money's Best Automaker Brand for the Money 2025, marking the first time this award has been given. The company received recognition in 8 of 11 vehicle categories during Money's third annual Best Cars program, where editors evaluated over 50 new vehicles based on comfort, reliability, fuel economy, and value.
Notable achievements include the IONIQ 6 and IONIQ 5 winning Best Overall in Electric Cars and SUVs categories respectively. The company's success was attributed to its comprehensive warranty coverage, including the 10-year/100,000-mile powertrain warranty, and its broad range of feature-rich vehicles with impressive fuel efficiency.
Hyundai Motor Group Innovation Center Singapore (HMGICS) marked its first anniversary with Executive Chair Euisun Chung at a town hall meeting on December 12th, 2024. The center has achieved significant milestones in its inaugural year, implementing an intelligent cell-based production system and advancing manufacturing technology through AI, robotics, and digital twin technology.
Key achievements include the 2023 production of the IONIQ 5—Singapore's first locally built EV—and the 2024 debut of the IONIQ 6. The facility has enhanced customer experience through immersive Discovery Tours and opened Na Oh, a Korean restaurant led by three-Michelin-Star Chef Corey Lee. HMGICS increased its local workforce by 30% in 2024, focusing on R&D and engineering roles.
The innovation hub will serve as a blueprint for future global manufacturing sites, including Hyundai Motor Group Metaplant America in Georgia and the Ulsan electric vehicle plant.
Hyundai Motor Company has appointed Randy Parker as CEO of Hyundai and Genesis Motor North America, effective Jan. 1, 2025. Parker, who will maintain his role as CEO of Hyundai Motor America, succeeds José Muñoz, who has been promoted to president and CEO of Hyundai Motor Company. Under Parker's leadership since joining in 2019, Hyundai has achieved remarkable growth, setting all-time retail sales records for three consecutive years. Parker became the first African American to lead a major OEM regional market when appointed CEO of Hyundai Motor America in 2022.
In his expanded role, Parker will oversee all Hyundai operations in the U.S., Canada, and Mexico, Genesis operations in the U.S. and Canada, and Hyundai's manufacturing facilities in Alabama and Georgia. HMNA's network of 1,400 dealerships sold 1.3 million Hyundai and Genesis vehicles in 2023.
Hyundai Motor Group Metaplant America (HMGMA) has announced the deployment of 21 XCIENT hydrogen fuel-cell electric trucks for clean logistics operations in cooperation with Glovis America. These Class 8 heavy-duty trucks will transport vehicle parts from HMGMA suppliers to the Megasite daily, representing over one-third of the Glovis America truck fleet at HMGMA.
The initiative demonstrates HMGMA's commitment to reducing its carbon footprint through zero-emissions technology. HTWO Logistics, a joint venture between Hyundai Motor Company and Glovis America, will install a mobile hydrogen refueling station at the Megasite, with plans for a permanent hydrogen production and refueling station in development.
Hyundai Motor America has announced a $50,000 donation to UCI Health to enhance diabetes support services at their Family Health Centers in Santa Ana and Anaheim, California. The investment, part of Hyundai's Hope initiative, will fund a specialized diabetes suite equipped with an EIDON color confocal scanner for early detection of diabetic eye disease. The donation will also support an 8-week educational program featuring group medical visits led by UCI Health's interdisciplinary team, focusing on various aspects of diabetes management including nutrition, health habits, and stress management.
