Hyundai Motor Company

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Hyundai Motor Co., Ltd. engages in the manufacture and distribution of motor vehicles and parts. It operates through the following segments: Vehicle, Finance, and Others. The Vehicle segment offers motor vehicles. The Finance segment provides financing, leasing and credit cards. The Others segment includes the manufacture of railways. The company was founded on December 29, 1967 and is headquartered in Seoul, South Korea.

TerraPower to complete a 4th-generation Sodium Fast Reactor(SFR) in Wyoming, USA, by 2030 HD Hyundai to manufacture reactor vessels for SFRs, leveraging expertise from participation in the ITER project SFR, a type of SMR known for its enhanced safety and reduced nuclear waste issues, gaining significant spotlight "We aim to lead the SMR sector as a next-generation, carbon-free power source with proven safety" SEOUL, South Korea , Dec. 20, 2024 /PRNewswire/ -- HD Hyundai has officially partnered with TerraPower, a US-based company, to develop key components for Small Modular Reactor (SMR). On Friday, the 20th, HD Hyundai announced that it recently secured a project from TerraPower to manufacture cylindrical reactor vessels.

HD Hyundai Teams Up with TerraPower to Develop Core Equipment for SMRs

Hyundai Motor Group Executive Chair to lead KAA for another four-year in his sixth consecutive term Chung's leadership results in historic success for Korean archery at international competitions Commitment to advancing the Sport reinforced through Innovative training Initiatives and global sponsorships SEOUL, South Korea , Dec. 20, 2024 /PRNewswire/ -- Hyundai Motor Group Executive Chair Euisun Chung has been re-elected as the 14th president of the Korea Archery Association (KAA). He has held this position since 2005 and will serve another term from January 2025 to January 2029.

Hyundai Motor Group Executive Chair Euisun Chung Elected as President of the Korea Archery Association

CarBuzz declares: "The IONIQ 5 N is grin-worthy in the way only the best performance cars can be. In the all-electric game, N comes way before M.

Hyundai IONIQ 5 N Named CarBuzz Best EV for 2025

Hyundai Motor secures nine awards, Genesis earns eight, and Kia receives five Hyundai is ranked second and Genesis is ranked third tied with Honda and Mazda, respectively, among global brands with the most awards Recognition underscores the exceptional safety standards of Hyundai, Kia, and Genesis vehicles SEOUL, South Korea , Dec. 18, 2024 /PRNewswire/ -- Hyundai Motor Group is proud to announce that a total of 22 models from Hyundai Motor Company, Kia Corporation and Genesis have been honored with the Insurance Institute of Highway Safety (IIHS) 2024 TOP SAFETY PICK (TSP) and TOP SAFETY PICK+ (TSP+) awards. The Group's total is more than any other automaker in the annual assessment, comprising 21 percent of the total 2024 awards.

Hyundai Motor Group Secures Top Spot for Safety at 2024 IIHS Awards with the Most TSP and TSP+ Titles of any Auto Manufacturer

IONIQ 5 N also named The Drive's Performance EV of 2024 The Drive exclaims: "The best EV of 2024 is the one that goes out of its way to not feel like an EV at all." IONIQ 5 N features 601 horsepower, plus a driver-selectable N Grin Boost1 function delivering an additional 40 horsepower IONIQ 5 N's victory represents a back-to-back repeat win for the Hyundai brand, following the IONIQ 6 electric sedan's 2023 win FOUNTAIN VALLEY, Calif.

Hyundai IONIQ 5 N Named The Drive's Best EV of 2024

SEOUL, South Korea , Dec. 17, 2024 /PRNewswire/ -- Hyundai Mobis (KRX 012330) announced on 18th that it has developed a new battery cell cooling material to prevent battery overheating during ultra-fast charging of electric vehicles. Hyundai Mobis aims to secure world-class battery cooling technology and commercialize it to enhance its competitiveness in the future mobility market.

Hyundai Mobis Tackles Electric Vehicle Battery Overheating with its New Material Technology

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First time the leading financial publication has awarded " Best Automaker for the Money " honors   Money's annual Best Cars  awards program also lauded Hyundai's product range with 8 awards in 11 vehicle categories IONIQ 5 and IONIQ 6 claim Best Electric SUV  and Best Electric Car  categories FOUNTAIN VALLEY, Calif. , Dec. 17, 2024 /PRNewswire/ -- Hyundai Motor America has been recognized as Money's Best Automaker Brand for the Money 2025.

Hyundai Named Money's Best Automaker Brand for the Money 2025

NEW ORLEANS--(BUSINESS WIRE)-- #autoindustry--Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented New Orleans-based Bohn Brothers Automotive Group in the sale of its Hyundai Genesis of Metairie dealership to Matt Bowers Auto Group following the successful sale last month of its Audi Lafayette dealership. Matt Bowers Group, owned by Matt Bowers, operates six dealerships located across Louisiana, Alabama, and Tennessee. This transaction represents Kerrigan.

Kerrigan Advisors Represents Bohn Brothers Automotive Group in Sale of Hyundai Genesis of Metairie Dealership to Matt Bowers Auto Group

Canadian startup Tenstorrent and BOS Semiconductors, a South Korean chip startup backed by Hyundai Motor Group, unveiled on Thursday artificial intelligence (AI) chips used for in-vehicle infotainment and autonomous driving.

Tenstorrent, Hyundai-backed BOS unveil automotive AI chips

Hyundai Motor Group celebrates a year of innovation at HMGICS, a key hub advancing the Group's sustainable, human-centric mobility vision Group Executive Chair Euisun Chung emphasizes HMGICS's strategic role in advancing Hyundai's vision for future mobility solutions at town hall meeting The Group will continue to foster innovation in manufacturing technology, redefine customer experience, and engage with local community SEOUL, South Korea and SINGAPORE , Dec. 12, 2024 /PRNewswire/ -- Hyundai Motor Group Innovation Center Singapore (HMGICS) commemorated its first anniversary and reinforced the Hyundai Motor Group's (the Group) vision with Executive Chair Euisun Chung. HMGICS held a town hall on December 12th to celebrate its one-year milestone, share key achievements, and reinforce the organization's pivotal role in Hyundai's global innovation strategy.

Hyundai Motor Group Innovation Center Singapore Celebrates First Anniversary with Group Executive Chair Euisun Chung

Hyundai's electric vertical takeoff and landing startup Supernal is shifting its global headquarters from Washington, D.C. to Irvine, California and asking around three dozen of workers to relocate, TechCrunch has learned.

Hyundai's electric air taxi startup Supernal is moving its HQ from DC to California

"Recycling Technology Applied to Automobiles" Completed the Study Car Project with Recycling Technology in Collaboration with Hyundai Secured Technology for End-to-End Recycling, Expanding into Apparel and Electronics   Leading Chemical and Automotive Companies Join Forces to Advance the Circular Economy. SEOUL, South Korea , Dec. 11, 2024 /PRNewswire/ -- SK chemicals (CEO & President Ahn Jae-hyun) announced that it applied six automotive components made from circular recycling and bio-based materials to Kia's EV3 Study Car in collaboration with Hyundai•Kia's AVP Division and Basic Materials Research Center (hereafter referred to as Hyundai•Kia).

SK chemicals and Hyundai Collaborate on Sustainable Automotive Development

Hyundai Motor and its Chinese partner BAIC Motor on Wednesday agreed to invest $1.1 billion in their joint venture that produces and sells Hyundai cars in China, BAIC said in a statement.

Hyundai, BAIC to invest $1.1 billion in China joint venture

Germany Positions Itself As Leader in Innovative Automotive Lighting Technology Germany Positions Itself As Leader in Innovative Automotive Lighting Technology

Germany Automotive Lighting Market Report 2024, Featuring Profiles of Stanley Electric, Marelli, Valeo, Varroc Engineering, HELLA, OSRAM, Hyundai Mobis, Robert Bosch and Photon Automotive Lighting

Parker to lead North America for Hyundai and Genesis Parker will remain CEO of Hyundai Motor America Hyundai Motor America is on track to achieve a fourth consecutive year of retail sales growth under Parker FOUNTAIN VALLEY, Calif. , Dec. 10, 2024 /PRNewswire/ -- Hyundai Motor Company has appointed Randy Parker as the chief executive officer of Hyundai and Genesis Motor North America effective Jan. 1, 2025.

Randy Parker Named Chief Executive Officer of Hyundai and Genesis Motor North America

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Fundraising via IPOs in India is set for another landmark year after economic growth, favorable market conditions and improvements in the regulatory framework helped companies raise record amounts in 2024. The year-to-date IPO count grew 22.6% from 243 listings in 2023, while fundraising volumes jumped 139% from 588.27 billion rupees. India retains the lead in global growth, S&P Global Ratings said in a Nov. 27 report, with the country's GDP forecast to grow 6.8% in the fiscal year ending March 31, 2025.

India's IPO Market Set For Another High After Landmark Year For Fundraising

Hyundai Motor India said on Thursday it would hike prices across all its models by up to 25,000 rupees ($295.07), as the newly-listed automaker seeks to mitigate the impact of rising costs.

Hyundai Motor India to hike prices across models amid higher costs

ELLABELL, Ga. , Dec. 4, 2024 /PRNewswire/ -- Today, Hyundai Motor Group Metaplant America (HMGMA), in cooperation with Glovis America, announced it has deployed Hyundai XCIENT heavy-duty hydrogen fuel-cell electric trucks for clean logistics operations.

Hyundai Motor Group Deploys XCIENT Hydrogen Fuel Cell Trucks for HMGMA Clean Logistics

Hyundai Hope invests in new Diabetic Exam Room and Diabetic Group Medical Visits at the UCI Health Family Health Center in Santa Ana and Anaheim, California FOUNTAIN VALLEY, Calif. , Dec. 3, 2024 /PRNewswire/ -- Hyundai Motor America announced a $50,000 donation to UCI Health to bolster its diabetes support services at the UCI Health Family Health Center in Santa Ana and Anaheim, California, the oldest Federally Qualified Health Centers (FQHC) in Orange County.

Hyundai Donates to UCI Health to Support Diabetes Services

Best-ever total and retail November sales; total sales increase 8% ; retail climbs 15% Year-over-year retail sales of EVs jump 77%; Hybrid retail sales increase 104% Best month ever for IONIQ 5 FOUNTAIN VALLEY, Calif. , Dec. 3, 2024 /PRNewswire/ -- Hyundai Motor America reported record-breaking total November sales of 76,008 units, an 8% increase compared with November 2023.

Hyundai Motor America Reports Record-Breaking November 2024 Sales

IONIQ 9 strengthens Hyundai Motor's position in the global EV market as the brand's first three-row electric SUV World Premiere event was held at Goldstein House, an icon of mid-century modern architecture, reflecting Hyundai Motor's commitment to innovation and EV leadership through its IONIQ vehicle lineup IONIQ 9 embodies the concept of 'Built to Belong,' offering impressive space and flexibility Exhibition items showcased the development inspiration behind the new vehicle and the achievements of the IONIQ brand SEOUL, South Korea , Dec. 3, 2024 /PRNewswire/ -- Hyundai Motor Company unveiled its IONIQ 9 all-electric SUV at the iconic Goldstein House in Beverly Hills, California ahead of the Los Angeles Auto Show. Hyundai Motor selected Goldstein House for IONIQ 9's World Premiere as the LA venue's celebrated mid-century modern architecture reflects the SUV's spaciousness and Hyundai's ambitions to further its electrification leadership (watch the event film that provides a glimpse of the premiere on the Hyundai Worldwide YouTube channel).

Hyundai Motor Shifts Perceptions by Unveiling All-Electric IONIQ 9 SUV at Iconic Goldstein House in LA

This report describes and explains the ship building and repairing market and covers 2018-2023, termed the historic period, and 2023-2028, 2033F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.{INFOGRAPHIC_PLACEHOLDER}The global ship building and repairing market reached a value of nearly $240.93 billion in 2023, having grown at a compound annual growth rate (CAGR) of 5.8% since 2018. The market is expected to grow from $240.93 billion in 2023 to $333.38 billion in 2028 at a rate of 6.7%. The market is then expected to grow at a CAGR of 6.8% from 2028 and reach $463.83 billion in 2033. This report describes and explains the ship building and repairing market and covers 2018-2023, termed the historic period, and 2023-2028, 2033F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.{INFOGRAPHIC_PLACEHOLDER}The global ship building and repairing market reached a value of nearly $240.93 billion in 2023, having grown at a compound annual growth rate (CAGR) of 5.8% since 2018. The market is expected to grow from $240.93 billion in 2023 to $333.38 billion in 2028 at a rate of 6.7%. The market is then expected to grow at a CAGR of 6.8% from 2028 and reach $463.83 billion in 2033.

Ship Building and Repairing Global Industry Opportunities and Strategies Report 2024-2033 Featuring China State Shipbuilding, Hyundai, COSCO Shipyard, Mitsubishi, and Samsung

Wearable robot 'X-ble Shoulder' to boost industrial efficiency and reduce musculoskeletal injuries Designed to assist overhead work by enhancing upper arm muscle strength, expected to find use in various industries The strong yet lightweight X-ble Shoulder enhances worker comfort by reducing shoulder load by 60% and muscle activity by 30% Hyundai Motor and Kia's Robotics LAB announced commercialization plan for X-ble Shoulder, expected to begin deliveries in first half of 2025 SEOUL, South Korea , Nov. 27, 2024 /PRNewswire/ -- Hyundai Motor Company and Kia Corporation have unveiled a reliable companion for industrial work, the wearable robot 'X-ble Shoulder.' This device, just by being worn, can increase workers' efficiency and reduce musculoskeletal injuries.

Hyundai Motor and Kia's Robotics LAB Announce Plans to Launch 'X-ble Shoulder' at Wearable Robot Tech Day

The recall covers certain Santa Fe and Elantra vehicles from the 2021 and 2022 model years.

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