Hyundai Motor announced this Thursday that it intends to produce more than 80% of the vehicles it sells in the U.S. locally by 2030, in response to Donald Trump’s tariff policies.
The South Korean brand, which is increasing production capacity at its Georgia factory in the U.S., expects to reach a production capacity of 500,000 vehicles per year by 2028, with a mix of hybrid and fully electric vehicles.
Hyundai also stated that 40% of its vehicles sold this year in the United States, its largest market, were produced in the U.S.
The automaker also plans to expand its global hybrid lineup to more than 18 models by the end of the decade, up from the 14 models announced last year, and will launch extended-range vehicles in 2027, as well as a first pickup aimed at the North American market before 2030.
In a statement, Hyundai indicated that it has reduced its operating profit margin target for 2025 from 7% to 8% to 6% to 7%, citing the impact of American tariffs. The company also stated that it expects profit margins to improve to 7% to 8% by 2027 and 8% to 9% by 2030.
