“In an industry facing unprecedented transformation, Hyundai is uniquely positioned to win,” said President and CEO José Muñoz, pointing to product breadth, manufacturing agility and technology depth as the company’s edge.

What Hyundai’s building (and where)

Hyundai is reinforcing a headline target of 5.55 million global vehicle sales by 2030, anchored by an electrified push that’s meant to do the heavy lifting: 3.3 million of those units are slated to be hybrids and EVs across North America, Europe and Korea.

It’s a wider net, from mid-size pickup trucks for the U.S. heartland to light commercial vehicles, plus a suite of region-tailored EVs such as IONIQ 3 for Europe, India’s first locally designed Hyundai EV, and China-built Elexio and a C-segment electric saloon.

From 2027, Hyundai will introduce Extended-Range EVs (EREVs) targeting more than 600 miles (about 960km) by pairing in-house high-performance batteries with optimised engine-battery integration.

On the digital side, Pleos Connect lands from Q2 next year with multi-window interfaces, profile-based personalisation and an in-car app marketplace. Under the skin, a trio of AIs, which are Atria (map-light autonomy), Gleo (natural-language voice) and Capora (fleet analytics), push the brand’s Software-Defined Vehicle (SDV) ambitions from slide deck to showroom.

Genesis: racing gloves over a tux

Genesis is celebrating ten years with a cool million cars sold and double-digit margins. The brand is targeting 350,000 annual sales by 2030, expanding in the U.S., Europe, the Middle East, Korea, China and select emerging markets.

Expect luxury SUVs (X Gran Equator, Neolun), emotional halo models (X Gran Coupé Concept), Magma-line specials and ultra-bespoke commissions. There’s even a factory-fresh motorsport arm (Genesis Magma Racing) heading to WEC in 2026 and IMSA in 2027 to funnel race tech back into road cars.

Partnerships with teeth

Hyundai’s alliance map is punchy: Waymo-compatible IONIQ 5 prototypes have gone to public-road testing in the U.S., and a strategic tie-up with General Motors will co-develop five vehicles from 2028 with projected annual sales north of 800,000 units once ramped.

Meanwhile, Amazon Autos is being used as a visibility and conversion engine, sweetening dealer profitability with new finance options, accessories and better offline spill-over.

“We’re not just adapting to change. We’re leading it, building the mobility company of the future.”

José Muñoz, President and CEO of Hyundai Motor Company

CFO Seung Jo (Scott) Lee detailed a pragmatic recalibration: revenue growth guidance nudged up to 5–6%, while the operating-profit-margin band eases to 6–7% to account for fresh U.S. tariffs. That’s paired with a KRW 77.3 trillion investment plan from 2026–2030 aimed at sharpening software talent, localising capacity and future-tech footholds.

The scorecard target is sustainable OPM of 7–8% by 2027 and 8–9% by 2030. Shareholders aren’t forgotten either: a >35% Total Shareholder Return policy for 2025–2027 and a minimum DPS of KRW 10,000.

The U.S. remains centre stage. Hyundai will invest KRW 15.3 trillion to expand production and build a robotics ecosystem there, as part of the Group’s broader USD 26 billion American commitment.

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In fact, he topped the prestigious MotorTrend Power List, joining an elite club of industry changemakers. 

MotorTrend lauded Muñoz as a “driving force” behind Hyundai’s record-breaking growth in North America, acknowledging his pivotal role in boosting sales, market share, revenue, and profitability.

But what makes this recognition particularly significant is that Muñoz is the first non-Korean executive to lead the conglomerate that includes both Hyundai and Genesis.

“This recognition is due to the vision and support of our Executive Chair, the hardworking men and women of Hyundai, our outstanding dealer partners, our customers, and so many others who work tirelessly for Hyundai and Genesis in this competitive and dynamic industry. It’s a great time to be with Hyundai!”

José Muñoz, President and CEO of Hyundai Motor Company

His achievements place him in esteemed company, alongside Euisun Chung, Hyundai Motor Group’s Executive Chair, as well as other Hyundai power players like SangYup Lee (Head of Hyundai and Genesis Global Design), Luc Donckerwolke (Hyundai Motor Group Chief Creative Officer), Claudia Marquez (Hyundai Motor America Chief Operating Officer), and Karim Habib (Head of KIA Global Design).

Hyundai was once synonymous with affordability, a brand that gave buyers bang for their buck. But under Muñoz’s leadership, Hyundai has evolved into a name that carries prestige, innovation, and top-tier quality. 

Beyond record-breaking sales figures, Muñoz has been instrumental in Hyundai Motor Group’s rise to becoming the third-largest automaker in the world. His leadership has driven major investments in new technologies, particularly in electrification, smart cities, and sustainable mobility. 

He credits much of Hyundai’s progress to Executive Chair Euisun Chung’s “Progress for Humanity” vision, which integrates advanced air mobility, autonomous driving, artificial intelligence, and a hydrogen economy.

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The Ioniq 5 is a special car for Singapore, in that it is the first mass-produced car to be assembled locally on our shores. Assembled in the new state-of-the-art Hyundai factory, 

The first 100 units will also bear a unique Singapore-inspired emblem on the back.

Variants for all

Prospective buyers can opt for four exterior colours for their new Ioniq 5:

• Midnight Black Pearl
• Titan Grey Metallic
• Optic White
• Magnetic Silver Metal

Customers will also get to choose from a few variants. The base ‘Exclusive’ trim level comes with a Cat A COE-friendly 58kWh battery, providing drivers with 384km of range (WLTP). This specification also puts out 143bhp and 350Nm of torque, and the century sprint can be completed in 9.5 seconds.

Spare some extra cash, and the higher rung ‘Prestige’ trim sets itself apart with Signature Parametric Pixel headlamps, a gloss black exterior belt line and side mirrors, plus chrome body moulding. Stepping inside, customers also receive Hyundai’s Zero Gravity seats upholstered in Hyundai’s internal term Natural Leather, and an Augmented Reality (AR) heads-up display.

This car is also available with the same 58kWh battery and the same power output as the ‘Exclusive’. However, customers can optionally spec the ‘Prestige’ trim with the larger 77kWh battery. Opting for the larger capacity will net you 507km of range, alongside a bump in performance to 225bhp and 350Nm of torque. Reaching 100km/h only takes 7.3 seconds too with this power boost.

Of course, there will be some who do not want any compromises and only wish to opt for the best in class. That’s where the ‘Inspiration’ trim comes into play. It comes with the same extended 77kWh battery but now feeds power to electric motors located at both axles. This dual motor setup allows it to deliver 320bhp alongside a commendable 605Nm of torque.

The century sprint can be rocked in just 5.1 seconds, and you can do that for a total of 454km (WLTP). The ‘Inspiration’ trim is also the only trim that comes with a Bose premium audio system as standard, as well as 20-inch rims.

Charging time for the smaller 58kWh cars is claimed to be 47 minutes (10% to 80%), while the larger 77kWh battery is 1 hour and 2 minutes (10% to 80%). The maximum charging speed rated for the Ioniq 5 is 350kWh using a fast direct current (DC) charger.

So how do you go about buying one?

Prospective customers will be able to customise, order and finance their cars on Hyundai’s online customer purchase platform.

The new online portal makes it extremely convenient for customers, offering a finance plan simulation for those looking to commit to a car. Once an order has been confirmed, customers will be able to deposit, apply for a loan, track their order status in real time, as well as select their own collection dates, all on the same website.

Buyers will also be able to pay via PayNow, a first-of-its-kind payment option. Just make sure you increase your daily spending limit before paying. Hyundai has also partnered with various banks, so hassle-free paperwork and financing can be expected, which is a huge relief.

Best of all, the Singapore-Built Ioniq 5 will be offered with a comprehensive free 10-year EV battery warranty alongside a 10-year free service programme at the EV-dedicated service centre at Komoco Motors. Those who live in landed housing can also receive a free EV home charger, including installation and an extended warranty. Alternatively, people who do not have access to a home charger can opt for free charging credits.