Despite an impressive year in 2024, Hyundai Motor Group chairman Euisun Chung told employees that even more is on the way — and it’s coming very soon. With new EVs and advanced tech launching, Hyundai’s chief said, “The real best is yet to come.”
Hyundai Motor Group, including Kia and Genesis, is having a big year. Global sales are on track for another record-breaking performance.
According to the company’s CEO, Hyundai is just getting started. On Thursday, during a town hall meeting at the company’s advanced new innovation center in Singapore, Chung told executives and employees, “Our journey has been amazing so far, but the real best is yet to come.”
Hyundai opened the new smart facility last November to build custom EVs. Buyers can personalize their vehicles from home. You can even book a test drive on the company’s 675-yard (618-meter) rooftop sky track to get a better feel for the car.
In Hyundai’s words, the innovation center “provides unprecedented ways for EV buyers to interact with their vehicles and the Hyundai brand.” The facility is filled with robots that carry out around 50% of the tasks.
Custom-built EVs, like the IONIQ 5 and IONIQ 6, and autonomous robotaxis are currently built at the facility. Now, Hyundai is expanding the “Software Defined Factory (FSD)” to other key regions.
Hyundai is rapidly launching new EVs and tech
Chung said the AI, IT, and robotics used in Singapore will “gradually expand to domestic and overseas EV-only factories, including Hyundai Motor Group Meta Plant America.”
Hyundai began production at its massive new EV plant in Georgia in October, after the first US-made IONIQ 5 rolled off the assembly line.
The updated 2025 Hyundai IONIQ 5 features a bigger battery with more range and a sleek new design. It even comes with an NACS port for charging at Tesla Superchargers. Hyundai will build its first three-row electric SUV, the IONIQ 9, alongside it, which will roll out next year.
Hyundai is coming off its best sales month ever in the US, its most important market. However, the company expects to become even more prominent with advanced new locally made models.
Top comment by Grant
It's pretty easy to get behind a company that is trying to produce great value vehicles like Hyundai, and ramping up their EV production as the market adjusts. I only wish Toyota was this aggressive and enthusiastic about making EVs.
The record sales are “driven by the strong performance of our EV and hybrid vehicles,” Hyundai Motor America CEO Randy Parker explained. Parker added excitement is building for the US-built IONIQ 9, and “we can’t wait to bring it to market.”
Hyundai’s EV sales were up 77% in the US last month. With nearly 5,000 units sold, the IONIQ 5 had its best sales month ever, just as 2025 models arrive at dealerships.
| 2025 Hyundai IONIQ 5 Trim | EV Powertrain | Driving Range (miles) | Starting Price* |
| IONIQ 5 SE RWD Standard Range | 168-horsepower rear motor | 245 | $42,500 |
| IONIQ 5 SE RWD | 225-horsepower rear motor | 318 | $46,550 |
| IONIQ 5 SEL RWD | 225-horsepower rear motor | 318 | $49,500 |
| IONIQ 5 Limited RWD | 225-horsepower rear motor | 318 | $54,200 |
| IONIQ 5 SE Dual Motor AWD | 320-horsepower dual motor | 290 | $50,050 |
| IONIQ 5 SEL Dual Motor AWD | 320-horsepower dual motor | 290 | $53,000 |
| IONIQ 5 XRT Dual Motor AWD | 320 horsepower dual motor | 259 | $55,400 |
| IONIQ 5 Limited Dual Motor AWD | 320-horsepower dual motor | 269 | $58,100 |
And it’s not only in the US. Hyundai will introduce the new tech to its dedicated EV plant in Ulsan and a complete knock down factory in Saudi Arabia as it looks to expand its global footprint.
With the new 2025 IONIQ 5 arriving at dealerships, Hyundai is offering clearance prices on 2024 models. The 2024 Hyundai IONIQ 5 is available to lease for as low as $199 per month while they are still in stock. You can use our link to view offers on 2024 and 2025 Hyundai IONIQ 5 models at a dealer near you.
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