The brief

Analyst view

• World's fifth-largest automaker; 7.3 million vehicles in 2025.
• 800V E-GMP platform: 10-80% charge in 18 min; powers Ioniq 6 and Kia EVs.
• Metaplant Georgia: 300,000 EVs/year starting late 2024.

Technical approach

As reported

Platform

800V E-GMP

800V cuts charging 40% vs 400V standard. Hyundai, Kia, Genesis all use it, sharing parts to cut cost.

Ioniq line

Multi-model range

Ioniq 5 and 6 sedans established the brand. Ioniq 9 three-row SUV (2025) made in Georgia competes with Tesla Model X.

Manufacturing

Metaplant Georgia

Hyundai's first dedicated US EV factory, opening in Bryan, Georgia, with a design capacity of 300,000 units per year initially scaling to 500,000.

Efficiency

Class-leading efficiency

Ioniq 6 achieves 140 MPGe, the best-in-class for any production EV, through lightweight platform design and aerodynamics.

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