Hyundai Motor Company Stock News

South Korea's Hyundai Motor Co has not decided when to resume operations at its assembly plant in Russia's St Petersburg, it said on Friday, citing ongoing issues with components delivery.

Nomura kept a Buy rating after taking the CEO Investor Day event held by Hyundai Motor Company (HYMLF). Read more.

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When Hyundai Motor Group outlined its electrification strategy through 2030, it included 17 new BEV models. The automaker’s approach to electrification includes an investment of nearly US$80 billion in hardware and software technologies. By the end of the decade, Hyundai Motor looks to capture 7% of the global EV market. In 2021, Hyundai Motor Group … Read more » The post Hyundai Motor is investing US$16bn in EVs by 2030. Here’s their plan appeared first on Tech Wire Asia .

Hyundai Motor’s electric vehicle IONIQ 5 based robotaxi is displayed during the media day at the Seoul Mobility Show in Goyang, South Korea, Thursday, Nov. 25, 2021. The company announced that it will be introducing 17 electric vehicles by 2030. Lee Jin-man, Associated Press The news: Hyundai is planning to release 17 fully electric vehicle models by 2030 in an effort to stay on par with rival automakers, the company announced on Wednesday. Details: Out of the 17-car fleet, 11 are Hyundai models and six are Genesis luxury cars, according to the company’s “strategic roadmap,” which also includes increasing production capacity, product competitiveness and software competency. Additionally, three of the cars in the lineup will be sedans, including their new release Ioniq 6, six SUVs, including Ioniq 7, one light commercial vehicle and one “new type model.” Genesis’ lineup will include two cars and four SUVs, according to CarScoops . The company aims to invest $16 billion in EV-related projects and capture 7% of the market by the end of the decade, per Engadget .

SEOUL—South Korea’s Hyundai Motor Co. said on Wednesday it planned to invest about 95.5 trillion won ($79.21 billion) through 2030, including about 19.4 trillion won ($16.10 billion) towards electric vehicle (EV) related businesses. Hyundai Motor, which together with affiliate Kia Corp. is among the world’s top 10 biggest automakers by sales, targets to achieve a […]

Hyundai Motor Company today unveiled a roadmap to accelerate …

Hyundai Motor CEO Jaehoon Chang has unveiled the company’s electrification roadmap and strategies at the 2022 CEO Investor Day forum. The post Hyundai targets 1.87m annual BEV sales by 2030 appeared first on Just Auto .

Hyundai said it aimed to achieve an operating profit margin of 10% or higher in EV business by 2030.

Achieving the new goal will give the automaker about seven per cent of the global EV market, Hyundai said.

Hyundai Motor Company announced on Wednesday that it would be investing $16.1 billion in developing electric vehicles by the end of the decade. The company plans to "expand EV production capability, b…

[Economy] : Hyundai Motor will aim to sell one-point-87 million electric vehicles(EV) a year by 2030 to grab a share of seven percent in the global EV market. Announcing the new sales target on Wednesday, the Korean automaker said it would strengthen its EV lineup to produce more than 17 types of EVs, including … [more...]

SEOUL, March 2 (Yonhap) -- Hyundai Motor Co. and its affiliate Kia Corp. said Wednesday their combined sales in the United States rose 6.4 percent in February from a year earlier despite the prolonged pandemic and chip shortages. The corporate duo so

The Seoul-based automaker said it aimed to achieve an operating profit margin of 10% or higher in EV business by 2030

In late 2020, Hyundai Motor, which together with affiliate Kia Corp is among the world''s top 10 biggest automakers by sales, said it would target a share of 8% to 10% of the global EV market by 2040.