New Delhi, Sept. 22 -- South Korea's Hyundai Motor Co. has announced an ambitious mid- to long-term strategy to expand its hybrid electric vehicle (HEV) lineup and launch region-specific electric vehicles (EVs) for Europe and India, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.

With these moves, the automaker aims to boost annual sales by more than 30 per cent, from 4.14 million units in 2024 to 5.55 million units by 2030, while achieving an operating margin of up to 9 percent.

The company highlighted its commitment to overcoming the twin challenges of a 25 percent U.S. tariff on imported EVs and the global "EV chasm" of stalled demand with stronger green technology.

Speaking at the 2025 CEO Investor ...