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The Rise of Hyundai: How They Became a Top Three Automaker

  • Writer: Team Auto Care Vadodara
    Team Auto Care Vadodara
  • Feb 26, 2024
  • 1 min read

Hyundai

  • Hyundai Motor Group is the third largest automaker in the world by volume, a significant achievement considering its past reputation as a low-quality copycat.

  • Hyundai and Kia, part of HMG, are making strides in the EV industry, with Hyundai particularly excelling in electrification.

  • HMG is not just focusing on EVs but also aims to revolutionize manufacturing, invest in robotics, autonomous driving, and flying taxis.

  • Hyundai's history includes imitating Toyota to reach its current success, with its first assembly plant in Ulsan, Korea, being one of the world's largest factories.

  • The company has a strong focus on technology and innovation, with ambitions that other automakers have stepped back from, remaining committed to its goals.

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