The Staria Electric is scheduled to be produced on Line 1 of the Ulsan 4 plant. This is part of Hyundai's strategy to expand its electric vehicle portfolio to 21 models by the end of 2030. This effort is in line with the company's mid- and long-term goal of achieving annual sales of more than 2 million electric vehicles.
The move to electric vehicles is also being driven by increasingly stringent environmental policies, particularly in Europe – where zero-emission vehicles are becoming a pressing need for urban mobility.
First launched in 2021, the Staria MPV offers a variety of seating options for 7-11 passengers, including versions such as: van, limousine, ambulance and vehicle for the disabled.
In the 11 months of 2024, Hyundai sold 37,769 Staria units. In 2023, sales of this product reached 39,780 units (domestic and export). By the end of 2024, Staria sales are expected to exceed 40,000 units for the first time.
Initially, the model will be offered with two engine versions, diesel and LPG, and then upgraded with a hybrid version launched in February 2023. The upcoming electric version will further strengthen the appeal of this product in the industry-wide trend of shifting to electrification and sustainable mobility.
According to information from the Korean Economic Daily, Hyundai plans to expand production of the Staria electric car in Europe in the first half of 2026. The European-made models will be sold on the continent and exported to other markets such as Australia and Thailand. The company also aims to sell 15,000-20,000 of these electric cars per year.
In addition to the all-electric Staria, Hyundai's Ulsan plant will also begin production of the third-generation Palisade in 2025. This model is designed for both domestic and export markets.