The Hyundai Motor Company is a South Korean multinational automotive manufacturer headquartered in Seoul, South Korea. The Company was founded in 1967, and its 32.8% owned subsidiary, Kia Motors, comprises the Hyundai Motor Group, the world’s fifth-largest automaker based on annual vehicle sales.
2008 Hyundai Motor (without Kia) was ranked the eighth largest automaker. The Company sold over 4.4 million vehicles worldwide that year, and with Kia, total sales were 7.12 million. Hyundai is currently the fourth largest vehicle manufacturer in the world. Hyundai operates the world’s largest integrated automobile manufacturing facility in Ulsan, South Korea, with an annual production capacity 1.6 million.
The Company employs about 75,000 people worldwide. Hyundai vehicles are sold in 193 countries through some 6,000 dealerships and showrooms.
The electric cars from Hyundai:
- Hyundai Kona Electric: A compact electric SUV with a long-range battery option.
- Hyundai Ioniq Electric: A compact hatchback electric vehicle. Hyundai also offers hybrid and plug-in hybrid versions of the Ioniq.
- Hyundai Prophecy: This is a concept electric vehicle Hyundai unveiled in 2020. It’s a sleek, futuristic sedan that may hint at Hyundai’s future electric vehicle designs.
- Hyundai 45 EV: This is another concept car, first shown in 2019, inspired by Hyundai’s first model in the 1970s.
- Hyundai Nexo: Though not a traditional electric vehicle, it deserves mention as it’s powered by a hydrogen fuel cell, which produces electricity to power the vehicle without any tailpipe emissions other than water.
Hyundai has also announced its plans for a new electric vehicle platform called E-GMP (Electric-Global Modular Platform), which is expected to underpin a whole new range of electric vehicles. The first model on this platform is the Ioniq 5, a midsize crossover.