Hyundai Santa Fe about to spawn EV with a petrol engine

Hyundai Motor Company plans to build a 100MW AI data center with 50,000 GPUs by 2029 to train autonomous driving and robotics AI. The facility, located in Saemangeum, will support Hyundai's Atria AI model, developed with NVIDIA's technology. The investment aims to position Hyundai as a leader in AI-driven transportation, with a data flywheel strategy to improve its autonomous driving capabilities. Analysts note this shifts Hyundai's perception from a traditional automaker to an AI-driven growth

U.S. President Trump announced a 50% tariff on Canadian vehicles, parts, and trucks, effective January 1, doubling the current 25% rate. Automakers like Ford, GM, Stellantis, Toyota, and Honda face higher costs on key models. Canadian-built vehicles made up 6% of U.S. sales in 2025, per Barclays. Industry executives hope for a deal before the deadline, as tariffs could disrupt the U.S. automotive supply chain.

Hyundai plans to launch or refresh 100+ vehicles globally by 2030, including 58 in North America, aiming to boost its operating profit margin above 9%. The automaker will add 1.27M units of global production capacity and introduce 10 hybrid models in North America by 2030. Shares fell 3.3% despite a broader market gain.

Hyundai plans to launch over 100 models by 2030, aiming for 5.55 million units in global sales. The company will introduce an extended-range electric vehicle (EREV) variant of the Santa Fe in early 2027, with up to 966 km of range, and expand its Genesis luxury brand to over 40 markets. Hyundai also announced plans to increase global manufacturing capacity by 1.27 million units and invest in autonomous driving technology.

Hyundai Motor reported record Q2 revenue but saw a 20% profit drop due to higher costs. The company plans to deploy 25,000 Atlas robots in factories from 2028, launch its first software-defined vehicle by late 2027, and invest $6.3 billion in an AI, robotics, and hydrogen hub in South Korea. Additionally, Hyundai will supply 50,000 autonomous vehicles to Waymo and develop an EREV powertrain for electric pickups and SUVs.

Hyundai Motor Company announced a growth plan at its 2026 CEO Investor Day, targeting 5.55 million global vehicle sales by 2030, with 60% of sales being electrified. The company plans 100+ product launches, including 18+ new entries, and aims for a 9% operating profit margin. First-half 2026 results showed 95.2 trillion won in revenue and a 5.6% operating profit margin.