The Garage
KRX: 005380 · Seoul, South Korea

Hyundai

A dominant South Korean chaebol anchor that weaponized design speed and technical architecture to capture the global EV vanguard.

Founded 1967
By Chung Ju-yung
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Symbol
KRX: 005380
1967
The engineering origins and the historic Pony development
Chung Ju-yung established Hyundai Motor Company as part of the massive Hyundai industrial group. Transitioning from assembling local Ford licensed models, the company hired British automotive executives to engineer South Korea's very first independent mass-market vehicle, the Hyundai Pony, in 1975.
1998
The Kia acquisition shock and global warranty offensive
Amid the severe wreckage of the Asian financial crisis, Hyundai acquired rival domestic manufacturer Kia, forging a massive consolidated auto group. To counter persistent international consumer skepticism regarding build quality, the brand launched a highly disruptive 10-year, 100,000-mile factory warranty program.
2020
The E-GMP electric breakthrough and Genesis luxury separation
Hyundai established itself as a top-tier global technology leader by deploying its dedicated Electric-Global Modular Platform (E-GMP), featuring ultra-fast 800-volt charging architectures. Concurrently, the group successfully spun out its Genesis division into a recognized standalone global luxury brand.
2026
The record global market share and alternative energy scaling
By mid-2026, Hyundai Motor Group, led by Executive Chair Euisun Chung, solidified its standing as the world's third-largest automaker by sales volume. The company expanded production across its massive Georgia Metaplant facility while advancing next-generation hydrogen fuel cell applications.
Frequently Asked Questions
Who founded Hyundai?
Hyundai was founded by Chung Ju-yung.
When was Hyundai founded?
Hyundai was founded in 1967.
Where was Hyundai founded?
Hyundai was headquartered in Seoul, South Korea.
Why was Hyundai created?
Chung Ju-yung established Hyundai Motor Company as part of the massive Hyundai industrial group. Transitioning from assembling local Ford licensed models, the company hired British automotive executives to engineer South Korea's very first independent mass-market vehicle, the Hyundai Pony, in 1975.
What does Hyundai do?
A dominant South Korean chaebol anchor that weaponized design speed and technical architecture to capture the global EV vanguard. Discover how Hyundai transformed from a regional vehicle assembler into a dominant global automotive powerhouse leading the 800V EV market.
How did Hyundai grow?
By mid-2026, Hyundai Motor Group, led by Executive Chair Euisun Chung, solidified its standing as the world's third-largest automaker by sales volume. The company expanded production across its massive Georgia Metaplant facility while advancing next-generation hydrogen fuel cell applications.
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