Hyundai’s new global growth strategy banks on software-centric shift

Targets 5.55 million annual global sales including 2 million EVs by 2030, up 30% from 2023; aims to transition to a development system for software-defined vehicles by incorporating software development methods into vehicle development; SDV Pace Car equipped with high-performance vehicle computer electronics architecture currently under development.

29 Aug 2024 | 5917 Views | By Autocar Professional Bureau

On August 28, Korean automaker Hyundai Motor Co unveiled its new mid- to long-term strategy – the Hyundai Way – on August 28. The overarching goal is to enhance its electric vehicle (EV) and hybrid competitiveness, advance its battery and autonomous vehicle technologies, and expand its vision as an energy ...

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