HD Hyundai targets $2.2 billion in AI power engines by 2029, breaks ground on Onsan plant

HD Hyundai outlined plans to reach 3 trillion won ($2.2 billion) in annual onshore generator engine revenue by 2029, targeting 3 GW of deliveries for AI data centers. The group will break ground on a new 833.6 billion won plant in Onsan in Q1 2027, finishing in May 2028.

“HD Hyundai outlined plans on Nov. 2, 2026, to reach 3 trillion won ($2.2 billion) in annual onshore generator engine revenue by 2029 to power artificial intelligence data centers.”eastasiabrief.com

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• eastasiabrief.comHD Hyundai Targets $2.2 Billion in AI Power Engines by 2029Nov 3, 2026

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