Hyundai Motor Company, a leading name in the global automotive industry, is recognized for its commitment to innovation, sustainability, and a broad product range.
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Hyundai Cars are gaining popularity worldwide due to a combination of innovative designs, efficient performance, and a commitment to sustainable mobility solutions. The brand has been successful in launching new models that resonate with consumers globally, such as the all-new KONA and the all-new SANTA FE, which have been particularly well-received in markets like Korea, North America, Europe, and India . Hyundai's focus on expanding its electric vehicle lineup, including the IONIQ series, aligns with the growing demand for eco-friendly transportation options .
In May 2024, Hyundai Motor reported a 1.9% increase in global sales, with a particular emphasis on electric vehicles, selling over 17, 000 EVs worldwide. This sales momentum highlights Hyundai's strength in the electrification sector and its ability to meet the growing demand for sustainable vehicles. The company plans to continue increasing its market share by introducing more EV and hybrid lineups, aiming to enhance profitability with a focus on SUVs and luxury models.