Home

Hyundai

Ioniq 5

News

Hyundai Just Reached a Huge Milestone: 100 Million Cars

The company delivered its 100 millionth and first vehicle to a customer to celebrate.

hyundai's 100 millionth car ioniq 5

Photo by: Hyundai

Brian Silvestro Brian Silvestro

By: Brian Silvestro

Sep 30, 2024 at 11:30am ET

Add Motor1.com as a preferred source in Google

Share

Comment


Hyundai announced Sunday it has built 100 million cars globally since its inception in 1967. To celebrate, the company handed over its 100 millionth and first vehicle, an all-electric Ioniq 5, to its new owner.

Why the 100 millionth and first vehicle and not the 100 millionth car itself? Hyundai says it shows the automaker's "commitment to pushing one step further with its past accomplishments as the foundation," according to a statement released Sunday.

While Hyundai was founded in 1967, it wasn't until 1968 that its first manufacturing plant, located in Ulsan, South Korea, went online. The company describes it as the "birthplace of the development of the Korean automobile industry," having produced Korea's first mass-produced automobile, the Pony. The plant currently can produce 1.6 million cars annually.

YouTube video player

Hyundai has, of course, expanded greatly since the 1960s. In just 57 years, it's opened plants in the Czech Republic, India, Turkey, and the United States. Amazingly, it took the brand until 2013—46 years—to reach 50 million units. From there, it took just 11 more years to double that number. 

"Reaching global cumulative production of 100 million vehicles is a meaningful milestone that was possible thanks to our customers around the world who have chosen and supported Hyundai Motor since the very beginning,” Jaehoon Chang, President and CEO, said in a statement. “Taking on bold challenges and being in constant pursuit of innovation has enabled us to achieve rapid growth and will empower us to take ‘one step further’ toward another 100 million units as a mobility game changer.”

What do you think?

View

Comments

While Hyundai doesn't have a strong, long-stretching history of performance or motorsport under its belt, we can still admire its ability to break into the car world and become a titan of the industry. Plus, it's begun to make some seriously fun cars. Its first true performance car, the Veloster N, is a masterpiece. And the Ioniq 5 N is easily the most exciting EV on the planet. 

Here's to 100 million more.

More Hyundai Excellence

The Hyundai Ioniq 5 N Gets Even Driftier

2024 Hyundai Elantra N Finally Looks Good, Starts At $34,850

Motor1.com INSIDER - logo

Get the best news, reviews, columns, and more delivered straight to your inbox, daily.

 

back

Subscribe For more info, read our Privacy Policy & Terms of Use.

We want your opinion!

What would you like to see on Motor1.com?

Take our 3 minute survey.

- The Motor1.com Team

Share this Story

GO TO COMMENTS

(

)

Got a tip for us? Email: tips@motor1.com

View all comments ( )

Popular

Bugatti Restores One-Off Veyron With A Mirror-Like Aluminum Body

Bugatti Restores One-Off Veyron With A Mirror-Like Aluminum Body

BMW Kept This Hatchback A Secret For Decades

BMW Kept This Hatchback A Secret For Decades

Skoda Wants You To 3D Print Pieces Of Your Car At Home

Skoda Wants You To 3D Print Pieces Of Your Car At Home

The Gas BMW M3 Isn't Dead: Next-Gen Prototype Roars

The Gas BMW M3 Isn't Dead: Next-Gen Prototype Roars

latest articles

RECOMMENDED FOR YOU



10 Great Alternatives For People Who Hate SUVs



Animals Are Involved In More Than 350,000 Crashes A Year In The US



Hyundai Recalls 94,000 Genesis Models Over Power Seat Fire Risk



Man Gets Into New Car. Then He Tries To Shift Into Drive—And Crashes Out



Hyundai Dealership Worker Shows Off Palisade. But It Has A 'Car Birthday'—That's Good For Shoppers



Skoda Wants You To 3D Print Pieces Of Your Car At Home



The Best (And Worst) Cities For Owning An EV: Study