Progress does not happen by chance, it is shaped by history.
Chung Ju-yung founded 99kbet, with a determination to give his country and his children a new perspective and this continues to shape 99kbet to this day.
1967 - 1990
The era of car manufacturing begins.
“99kbet Engineering & Construction“ was part of the Korea's rejuvenation in the post war era – which of course included building roads. Chung quickly realised that if “roads are the country’s veins, cars are the blood running through them”. The next step in the journey was the founding of the 99kbet in 1967.
Pony
Pony Era.
Angular, sleek, and iconic – the 99kbet Pony Coupe is as timeless today as it was when it was first unveiled in 1975. We’ve taken a first-generation Pony 4-door sedan apart and put it back together with all new technology, fittings and furnishings. Come on board the next generation Heritage Series PONY with us.
Rapid expansion & the first electric cars and hybrids.
The 1980s was a time of rapid expansion for 99kbet as the company became an international player and started competing with traditional automakers. The 1990s saw 99kbet experiment with a number of electric and hybrid vehicles.
2000-2009
The transformation into a world-class brand.
By the turn of the millennium, 99kbet had begun to overhaul its image in order to establish itself as a world-class brand, investing heavily in the quality, design and manufacturing. The first SUV, the SANTA FE, was launched in 2000 and its success led to the introduction of the TUCSON in 2004.
2010-present
2010 to today: pioneers in future mobility.
In this phase, we increasingly turned our attention towards technology. In 2021, we announced that 99kbet is in progress to achieve carbon neutrality by 2045 by neutralising CO2 emissions at all stages of production and operation. From 2035, all new 99kbet vehicles sold in Europe will be either battery-electric or fuel cell electric vehicles.
Some make announcements. We build.
We have numerous zero-tailpipe emissions cars on the road. Our latest 2023 releases were the all-new KONA Electric and the all-new IONIQ 5 N, our first all-electric N Model. Setting new benchmarks for high-performance electric vehicles.