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.

The joint venture will leverage Hyundai's global automotive leadership to localize manufacturing in Saudi Arabia The total investment for the manufacturing plant is estimated to exceed $ 500 million and will manufacture both internal combustion engines and electric vehicles RIYADH, Saudi Arabia and SEOUL, South Korea , Oct. 22, 2023 /PRNewswire/ -- The Public Investment Fund (PIF) and Hyundai Motor Company (Hyundai) have announced the signing of a joint venture agreement to establish a highly automated vehicle manufacturing plant in Saudi Arabia. PIF will hold a 70% stake in the new joint venture with Hyundai holding the remaining 30%.

PIF and Hyundai Motor Company Sign Joint Venture Agreement to Establish New Automotive Manufacturing Plant in Saudi Arabia

South Korea's Samsung SDI said on Monday it will supply Hyundai Motor with electric vehicle batteries for seven years starting 2026.

Samsung SDI says to supply EV batteries to Hyundai Motor starting 2026

South Korea's Hyundai Motor Group will build a car plant in Saudi Arabia jointly with the Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, South Korea's President Yoon Suk Yeol said on Sunday.

Hyundai to build Saudi car plant jointly with Saudi wealth fund

The Development Leadership Dialogue (DLD) Institute and the Centre for Sustainable Structural Transformation (CSST) to be established under SOAS University of London to facilitate collaboration between the Group and the university The Group and SOAS University of London held an opening ceremony for DLD on October 18 and plan to open CSST in February 2024 Through this cooperation, the Group aims to forge a win-win model, securing global growth momentum for itself while speeding up industrialization of African countries SEOUL, South Korea and LONDON , Oct. 19, 2023 /PRNewswire/ -- Hyundai Motor Group (the Group) is set to develop a growth strategy for Africa by establishing specialized units for dialogue and research with the School of Oriental and African Studies (SOAS) at the University of London. SOAS University of London is one of the 17 colleges within the university and is renowned for its extensive studies of developing regions, especially Asia and Africa.

Hyundai Motor Group and SOAS University of London Found New Research Centers for Developing Countries, Focusing on Africa

Hyundai Mobis participates Japan Mobility Show starting from October 26 th to November 5 th to expand Japanese market Plans to secure new business opportunities with Japanese automakers showcasing strategic products, including electrification, IVI, ADAS, and lamps Hyundai Mobis poise to strengthen global presence via active participation in global mobility events, following CES (USA) and IAA (Germany). SEOUL, South Korea and TOKYO, Oct. 18, 2023 /PRNewswire/ -- Hyundai Mobis (KRX: 012330) is making its first appearance at the Japan Mobility Show, previously known as Tokyo Motor Show, aiming to secure new orders from local automakers.

Hyundai Mobis to exhibit at Japan Mobility Show 2023 for the first time

Hyundai Hope Donates $50,000 to Children's Hospital of Philadelphia to Support the Car Seat Safety Program PHILADELPHIA , Oct. 18, 2023 /PRNewswire/ -- Hyundai Motor America and Children's Hospital of Philadelphia (CHOP) continue their collaboration this year as Hyundai donates an additional $50,000 to the hospital's Car Seat Safety Program. The donation is part of Hyundai's corporate social responsibility initiative, Hyundai Hope, which seeks to uplift children and families through various health and safety programs.

Hyundai and Children's Hospital of Philadelphia Host Car Seat Safety Event

Infineon Technologies AG

German chip manufacturer Infineon said on Wednesday it has signed a multi-year agreement with Hyundai and Kia to supply power semiconductors for the production of electric cars.

Infineon signs semiconductor supply deal with automakers Hyundai, Kia

Hyundai's Brandon Ramirez recognized by Northgate González Market and UC Irvine's Paul Merage School of Business FOUNTAIN VALLEY, Calif. , Oct. 17, 2023 /PRNewswire/ -- Brandon Ramirez, director, corporate social responsibility and external relations, was recognized with multiple awards for his community leadership.

Hyundai Executive Receives Two Awards for Community Leadership

Hyundai Finishes 1-2 in the Drivers' Championship Bryan Herta Autosport Earn Fifth Consecutive IMSA Team and Drivers' Championships at Road Atlanta Paralyzed Driver Robert Wickens and Harry Gottsacker Score First IMPC Drivers' Championship Title Mark Wilkins and Mason Filippi Secure Third Win of the 2023 Season Hyundai Hope On Wheels Raises $6,500 for Atlanta Children's Hospital After Leading Every Lap FOUNTAIN VALLEY, Calif. , Oct. 16, 2023 /PRNewswire/ -- Hyundai Motor America (HMA) secured the 2023 IMSA Michelin Pilot Challenge (IMPC) Drivers', Manufacturers' and Team Championship titles at Road Atlanta this weekend with a hugely successful season finale.

Hyundai Sweeps 2023 Drivers', Manufacturers', and Team Championship Titles at Road Atlanta

Participation in the Congressional Hispanic Caucus Institute (CHCI) Leadership Conference Hyundai Hope Donations to help improve Healthcare Access among Underserved and Vulnerable Communities Community Support from Hyundai's Employee Resource Group, Amigos Unidos Partnership with the Museum of Latin American Art in Long Beach (MOLAA) Launch of Hyundai's 2024 Palisade Hispanic Bilingual Marketing Campaign FOUNTAIN VALLEY, Calif. , Oct. 16, 2023 /PRNewswire/ -- In observance of Hispanic Heritage Month, Hyundai celebrated Hispanic and Latino history, culture and influence in the U.S., with a multifaceted program that included philanthropic and community-based support and sponsorships.

How Hyundai Celebrated and Gave Back During Hispanic Heritage Month

Hyundai Bioscience presented data at IDWeek™ 2023 that Dengue fever, which has no cure despite the rapid increase in deaths, can be treated with Xafty Hyundai Bioscience offered also to provide Xafty as Dengue fever treatment to WHO and Bangladesh Embassy in the U.S. BOSTON, Mass. , Oct. 13, 2023 /PRNewswire/ -- Hyundai Bioscience announced that Xafty™, a broad-spectrum antiviral drug, can solve RNA virus infections, capable of treating both COVID-19 and Dengue fever or Dengue virus infection".

Hyundai Bioscience announces that "Xafty is the only antiviral that can be immediately used for the treatment of Dengue fever"

PEORIA, Ariz.--(BUSINESS WIRE)--Larry H. Miller Hyundai Peoria celebrates the grand re-opening of their state-of-the-art store, complete with EV charging ports and 100% LED lighting.

Larry H. Miller Hyundai Peoria Celebrates Grand Re-Opening of Cutting-Edge Facility

Hyundai Motor has decided to produce Beijing Automotive Group Co's EV brand ARCFOX cars at its plant in Beijing in a bid for a breakthrough in a major market where it has been struggling to make a foothold, a news report said on Wednesday.

Hyundai Motor to make BAIC's ARCFOX electric cars in Beijing - report

Hyundai's shipbuilding arm has invested €45 million in HydrogenOne Capital Growth PLC (LSE:HGEN) portfolio company Elcogen, which makes solid oxide fuel cell and electrolyser technologies that allow energy to be produced from a variety of fuels. The investment is being made by HD Hyundai's Korea Shipbuilding & Offshore Engineering Co following "extensive" testing of the full range of technology available in the market, but having also signed a research and development collaboration with Elcogen in January.

Hyundai's shipbuilding arm invests in UK hydrogen developer, portfolio company of HydrogenOne Capital Growth

Ford Motor Company

Idra, an Italian aluminium casting machine maker and Tesla supplier , has added Ford , Hyundai and a European company to its customer base as more carmakers explore this manufacturing technique.

Ford, Hyundai turn to Italian casting machine maker IDRA

Hyundai Hope Continues Partnership with Children's of Alabama with $50,000 Donation to Support Child Passenger Safety and Driver Education Hyundai and Children's of Alabama Host Child Safety Seat Event in Birmingham BIRMINGHAM, Ala. , Oct. 10, 2023 /PRNewswire/ -- Hyundai Motor America and Children's of Alabama  hosted a child safety seat event at The Summit Birmingham in Birmingham, Alabama, affirming its commitment to safety, especially for young passengers.

Hyundai and Children's of Alabama Host Child Safety Seat Event in Birmingham

Eighth-Annual All-Women Off-Road Navigation Rally Covers 1,500 Miles of Challenging Desert Terrain beginning Oct. 13 Automotive journalists Jill Ciminillo and Kristin Shaw to Compete in Rebelle Rally for Second Consecutive Year Custom Santa Cruz Sport Adventure Vehicle to Compete in X-CROSS™ Class Stunning Livery Created by Matt Marble and Kellen Gustine of Hyundai Design North America FOUNTAIN VALLEY, Calif. , Oct. 10, 2023 /PRNewswire/ -- Ahead of the eighth-annual Rebelle Rally, Hyundai Motor America is revealing the modifications and custom graphic wrap for the Brute Squad's Santa Cruz Sport Adventure Vehicle entry.

Hyundai Reveals Custom Santa Cruz for 2023 Rebelle Rally

FOUNTAIN VALLEY, Calif. , Oct. 9, 2023 /PRNewswire/ -- Hyundai Motor America and its U.S. Hispanic marketing agency, Lopez Negrete Communications, launched a new creative campaign for the three-row flagship 2024 SUV Palisade.

Hyundai Bridges Generations and Cultures in New Bilingual Campaign for the Palisade SUV

Beijing Hyundai Motor has cut the minimum asking price for its auto plant in the southwestern Chinese city of Chongqing by almost 30% to 2.58 billion yuan ($353.38 million) after putting it up for sale in August.

Beijing Hyundai cuts asking price for Chongqing auto plant by 30%

Ten specially designed art cars on display during the Busan Expo Symposium and K-Pop concert in Paris, the home of the Bureau International des Expositions All-electric models, including Hyundai Motor's IONIQ 5 and the Kia EV6, selected for campaign to demonstrate Busan's commitment to carbon neutrality Art cars created in collaboration with Korean graffiti artist 'JAY FLOW' displayed at iconic Paris landmarks including Eiffel Tower, and Louvre Museum SEOUL, South Korea and PARIS , Oct. 5, 2023 /PRNewswire/ -- Hyundai Motor Group (the Group) today announced its campaign to promote the South Korean city of Busan's bid to host the 2030 World Expo by displaying specially designed art cars in Paris, France, where the Bureau International des Expositions (BIE) is headquartered. The campaign continues the Group's global support for Busan's bid, this time for the Busan Expo Symposium and K-Pop concert in Paris from October 9–15.

Hyundai Motor Group Rolls Out Art Cars in Paris, Supporting Busan's Bid to Host 2030 World Expo

Tesla

Volkswagen AG

Hyundai and Kia have finally announced their plans to adopt Tesla's North American Charging Standard (NACS) ports for their electric vehicles in the U.S. and Canada, joining the swells of automakers that have also promised to do so.

All eyes on VW after Hyundai, Kia adopt Tesla charging standard

Current owners of CCS-equipped Hyundai Motor Group EVs will gain Supercharger compatibility later via an adapter.

Hyundai, Kia, Genesis EVs Will Adopt Tesla NACS Charging Port in 2024

Hyundai and Kia join others like Ford and General Motors to integrate the Tesla charging ports into their electric vehicles.

Hyundai and Kia to adopt Tesla's EV charging tech next year

Hyundai Recognized for Its Commitment to Carbon-free Mobility, Clean Hydrogen Production, and Goal of Achieving Net-Zero Carbon Emissions by 2045 The Vanguard Awards Honor Exceptional Accomplishments Within the Auto Industry SEOUL, South Korea , Oct. 5, 2023 /PRNewswire/ -- Hyundai Motor Company was recently named the winner of Autoweek's inaugural 2023 Vanguard Awards in the Company category. Hyundai was chosen for its unwavering commitment to the future of carbon-free mobility and for developing a carbon-neutral cradle-to-grave vehicle lifecycle.

Hyundai Motor Honored with Inaugural Autoweek Vanguard Award

It's a great day for Tesla (NASDAQ: TSLA ) today. South Korean automaker Hyundai (OTCMKTS: HYMTF ) just announced that it would begin utilizing the Tesla charging port, otherwise known as the North American Charging Standard (NACS), starting in Q4 of 2024.

News for Hyundai Motor Company Stock (HYMTF)