Kuala Lumpur, Malaysia – Hyundai Motor Company has officially established Hyundai Motor Malaysia (HMY), marking a major strategic milestone in the brand’s expansion across Southeast Asia. The move transitions Hyundai from a distributor-led model—previously managed by Sime Motors—to a principal-led operation, reinforcing its long-term commitment to the Malaysian market.

The establishment of HMY signifies Hyundai’s shift to a more agile and locally attuned business model. The newly formed entity will take full control of brand, marketing, sales, and customer experience in Malaysia, allowing for faster decision-making and a more customer-centric approach. The transition aligns with Hyundai’s global vision to “Progress for Humanity” by strengthening its presence in key growth markets.

“Hyundai has always stood for progress — not just in mobility, but in how we connect with people, communities, and the future,” said Eric Lee, president of Hyundai Motor Malaysia. “With the establishment of Hyundai Motor Malaysia, we are bringing the strength and agility of a global brand closer to home.”

The company has set up its headquarters at Menara Affin @ TRX in Kuala Lumpur’s financial hub and aims to grow its workforce to 100 employees by the end of 2025. Hyundai also plans to develop a strong nationwide dealer network and roll out community-driven initiatives to deepen its local footprint.

In the near term, HMY will launch three new models across the SUV and MPV segments. Furthering its industrial ambitions, Hyundai is partnering with long-time contract assembler Inokom Corporation Sdn. Bhd. to begin local vehicle assembly in Kedah by Q3 2025. Within five years, the facility aims to produce up to seven models, including a mix of internal combustion engine (ICE) and hybrid electric vehicles (HEVs). Around 30% of locally assembled vehicles are expected to be exported to neighbouring markets.

“Malaysia is a market full of untapped potential,” said Jahabarnisa Haja Mohideen, managing director of HMY. “With the highest passenger vehicle demand in ASEAN and strong GDP growth, Malaysia presents the right conditions for long-term investment and innovation.”

Despite the transition, Sime Motors will continue to play a key role in Hyundai’s journey. “We are proud to have contributed to Hyundai’s success in Malaysia and will continue to support its sales and aftersales operations,” said Jeffrey Gan, managing director of Sime Motors, Southeast Asia.

Hyundai is also set to revamp its digital presence, refreshing its website and social media platforms to reflect the new entity. Customers are encouraged to update their contact details to receive timely service reminders, software updates, and ownership benefits.

Looking ahead, HMY plans to expand its aftersales network to 25 outlets by 2030 and introduce system upgrades to enhance customer experience. With Malaysia now a key hub in Hyundai’s regional growth strategy, the automaker is set to drive forward a new era of innovation, sustainability, and customer engagement in the country.

Seoul, South Korea – Hyundai Motor and global superstars BTS are releasing a new song, “IONIQ: I’m On It” as one of the first ever campaigns of Hyundai’s new electric vehicle brand, IONIQ.

This will be BTS’ first music project with Hyundai. The song will be available for free download on the brand’s website starting August 31.

Meanwhile, the music video will be premiered on the company’s official worldwide Youtube channel, HyundaiWorldwide, on September 2nd at 11:00 AM, Korea standard time, where it is said to feature Hyundai’s latest electric vehicle (EV) model, Prophecy, unveiled in March.

The brand song “IONIQ: I’m On It” intends to give voice in line with the IQNIQ’s goal to offer customer centric EV experiences centered on connected lifestyle solutions.

The song carries the refrain ‘IONIQ takes me there.’ The lyrics – sung and rapped by BTS’s RM, Jin, SUGA, j-hope, Jimin, V, and Jung Kook – has been made to express feelings of “discovery, curiosity, hope, creativity, and inspiration for the future.”

Global Hyundai CMO Wonhong Cho said “Hyundai Motor and BTS have continued to collaborate to spread the value of the positive energy they pursue together beyond advertising specific vehicles. The new IONIQ lineup is Hyundai Motor’s answer to environmental problems and sustainable global communities that Millennials and Gen-Z generations are concerned about.”

Just this August, Hyundai Motor unveiled the IQNIQ brand dedicated to offering its battery EVs. The company is set to introduce three new EV models: IONIQ 5, IONIQ 6, and IONIQ 7 over the next four years, with IONIQ 5, which is a midsize CUV to be launched in early 2021.

To further engage fans on the IQNIQ campaign, Hyundai will be rolling out an online contest where a limited-edition cassette tape-shaped music player which contains two tracks – “IONIQ: I’m On It” and individual messages from each member of the band will be given out to winning fans.