“We finished 2023 with record-breaking total and retail sales and continued a trend initiated almost two years ago by consistently increasing monthly total sales in response to the surge in consumer demand for our products,” said Randy Parker, CEO, Hyundai Motor America. “2023 was also our ...
Hyundai Wins Eight 2023 Car and Driver Editor's Choice Awards: Hyundai received eight 2023 Car and Driver Editor’s Choice awards for its Kona, Tucson, Santa Cruz, Santa Fe, Palisade, Elantra N, Sonata, and IONIQ 5 models. Hyundai Motor America Announces Pricing for 2023 IONIQ 6 EV: Hyund...
A Hyundai N Vision 74 concept electric vehicle at the Shanghai auto show in Shanghai on April 24, 2023. Hyundai plans to introduce its first EV exclusively for Chinese consumers in 2025. (BLOOMBERG) Author By: Yang Jian October 24, 2024 03:37 AM Hyundai Motor Co. plans to introduce ...
[Korea] IT Services Hyundai AutoEver (307950 KS) A compelling growth story May 31, 2023 Buy (Initiate) TP: W156,000 Upside: 26.8% Mirae Asset Securities Co., Ltd. Soojin Kim soojin.kim@miraeasset.com Gyuyeon Kim gyuyeon.kim@miraeasset.com Earnings outlook 2023 earnings to outperform ...
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Now it is to launch its own electric car brand tailored to China. It is part of Beijing Hyundai Motor’s initiative, launched in June 2023, to bring up to five electric models onto the Chinese market within three years. China is a difficult market for Hyundai. There are political reasons...
vehicle market is rapidly evolving, with companies like Tesla, Waymo, and Zoox leading innovation in technologies and services. As Chinese firms join the competition, this dynamic landscape presents both challenges and opportunities for South Korea's automotive sector, particularly Hyundai Motor Group. ...
In 2023, South Korean construction company Hyundai E&C held total assets worth around 24 trillion South Korean won. This represents an increase from the previous year. This year also marks the highest recorded figure during the considered time period. ...
Aligned with the roadmap,Hyundai Motor Group(The Group) will drastically boost its annual fuel-cell systems production capacity to 700,000 units by 2030 and explore new business opportunities to supply its world-class fuel-cell systems to other transportation manufacturers of automobiles, drones, ves...
According to a Korean media report, Hyundai Motor is in talks with BYD about the supply of blade batteries for electric cars to be sold in China. BYD is said to have already set up a business unit responsible for cooperation with Hyundai and has offered to supply the batteries to Hyundai ...