skip to Main Content
Hyundai Set To Secure Its Position In Next-Gen Mobility Space With Updated Business Strategy, Says GlobalData

Hyundai Set To Secure Its Position In Next-Gen Mobility Space With Updated Business Strategy, Says GlobalData

Hyundai Motor has updated its new roadmap—‘Strategy 2025’, to accelerate transition into a smart mobility solution provider and secure its position as a frontrunner in the future mobility industry. Following this news, Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, his view:

“Hyundai in the recent past has emerged as a key global automotive OEM with omnidirectional strategic approach. Despite being impacted by COVID-19, the company has made several key developments this year in the area of future and smart mobility solutions through collaboration, partnerships, investments and new product launches across next-gen, EV and smart mobility areas.

The strategy update for 2025 indicates that Hyundai is being very responsive to the dynamic market trends. The company’s focus on electric mobility will support various regional governments’ electrification targets and also help Hyundai to achieve its goals of selling 560,000 EVs annually by 2025. In addition, the company’s increased focus on next-gen mobility i.e., autonomous vehicles, urban air mobility (UAM) and hydrogen fuel cell vehicles will strengthen its roots in the smart mobility solution and services and offer significant competitive benefits in the global automotive market.

With the automotive industry getting more dynamic day by day due to the fast technological advancements, companies need to transform their business strategies to secure their position in the future mobility era, Hyundai seems to be well on track in this direction. The recent developments, which include the introduction of new hydrogen cell brand HTWO, the acquisition of majority stakes in leading robotics company, launching of new dedicated EV platform E-GMP and many others will support Hyundai in achieving its future target of becoming a leading global smart mobility service provider.”

For other exclusive articles, visit


Check these articles out:

Review: The Future Of Additive Manufacturing In Southeast Asia

Metalworking Fluid Market To Hit US$14.5 Billion By 2025

The Global Aluminium Castings Market To Grow By US$32.1 Million Despite The Pandemic

Casting Light On First-Stage Aluminium Machining

Customising For Efficient And Consistent Performance

UK Manufacturers Positioned To Lead The Green Revolution

EU Automation Celebrates Growth In 2020 Despite Turbulent Global Economy



FOLLOW US ON: LinkedIn, Facebook, Twitter



The Best Manufacturing Technology Trends From 2020
Universal Robots Reaches Industry Milestone With 50,000 Collaborative Robots Sold
Back To Top