Hyundai Motor Gd - HYMTF STOCK NEWS

Hyundai Motor Company unveiled its INITIUM hydrogen fuel cell electric vehicle (FCEV) concept at the 'Clearly Committed' event in Korea. The concept previews a new production FCEV planned for release in the first half of next year, showcasing the company's new 'Art of Steel' design language. The INITIUM represents Hyundai's 27-year legacy in hydrogen technology development and its commitment to developing a hydrogen society. Earlier this year at CES 2024, Hyundai launched its HTWO hydrogen value chain business, introducing HTWO Grid – an end-to-end hydrogen energy solution covering production, storage, transportation, and utilization.

Hyundai Motor has unveiled its INITIUM hydrogen fuel cell electric vehicle (FCEV) concept, previewing a new production model set to launch in first half of 2025. The concept features the company's new 'Art of Steel' design language and targets a driving range of over 650km with a maximum motor output of 150 kW. The INITIUM showcases advanced features including a FCEV-specific route planner for charging stations, spacious interior design, and aerodynamic improvements. The concept will be displayed at the LA Auto Show and Auto Guangzhou in November 2024.

Hyundai Motor and Toyota Motor successfully hosted their first-ever 'Hyundai N x TOYOTA GAZOO Racing Festival' at Yongin Speedway in Korea. The sold-out event featured dynamic show runs of high-performance vehicles from both companies, including Hyundai's IONIQ 5 N Drift Spec and Toyota's GR YARIS Rally 1 HYBRID. Executive Chair Euisun Chung and Toyota Chairman Akio Toyoda actively participated in the event, demonstrating their commitment to boosting South Korea's motorsport culture. The festival included various participatory programs like track day events, WRC Taxi rides, and a Gymkhana Competition. All ticket proceeds will be donated to the Korea Automobile Racing Association.

Hyundai Motor America and Children's Hospital of Philadelphia (CHOP) recently held their third child passenger safety event, continuing their partnership since 2022. Hyundai Hope has donated an additional $50,000 to CHOP's Child Safety Seat Program, which will provide approximately 600 car seats for families in need. To date, this collaboration has funded more than 2,000 car seats.

During the event, certified Child Passenger Safety Technicians educated parents on proper car seat installation and use, performed safety inspections, and provided replacement seats when necessary. The partnership aims to promote child passenger safety and equip families with resources to protect children on the road.

Hyundai Hope is a corporate social responsibility initiative from Hyundai Motor North America, focusing on improving society's wellbeing. Hyundai Motor America offers a technology-rich lineup of vehicles in the U.S. and contributes significantly to the U.S. economy through its operations and dealership network.

Hyundai has launched a multi-part social content series for Teen Driver Safety Week (Oct. 20-26), featuring actress Julie Bowen and her driving-age sons. The series, available on TikTok, Instagram, and YouTube, aims to promote safe driving and address concerns of new drivers and their parents. It highlights Hyundai's standard vehicle safety features and the Hyundai Bluelink App's Vehicle Safeguard Alert features.

Additionally, Hyundai has partnered with the Wall Street Journal on a custom safety-focused video content titled "Teen Mode," set to launch on Oct. 25. The content will showcase personal stories of three families and how Hyundai's safety features provide confidence to teens and peace of mind to parents.

Hyundai offers industry-leading safety features through its SmartSense technology network and has achieved significant safety milestones, including nine models earning TOP SAFETY PICK or TSP+ awards from the Insurance Institute of Highway Safety (IIHS).

Hyundai has been recognized as the most awarded automaker in Cars.com's 2025 Top Pick EV Awards. The IONIQ 6 was named Top Pick, Electric Car and Top Pick, Value EV, while the IONIQ 5 was named Top Pick, 2-Row Electric SUV. These awards highlight the best EVs in five categories, with Hyundai's vehicles surpassing all 2025 EVs tested by Cars.com's editorial team.

Hyundai's EVs stand out for their fast-charging capabilities, spacious interiors, distinctive design, and advanced technology. The IONIQ 6 boasts a driving range of 361 miles and can charge from 10% to 80% in just 18 minutes. Hyundai has also implemented various initiatives to support the EV transition, including joining the IONNA charging network venture and adopting the North American Charging Standard (NACS) ports for EVs in the US and Canada.

Hyundai Motor Group Executive Chair Euisun Chung met with Indian Prime Minister Narendra Modi to discuss cooperation and development of the Indian mobility industry. The meeting focused on Hyundai's plans to strengthen its role in India's growing mobility market, including:

1. Expanding local production
2. Offering a diverse product lineup
3. Accelerating the creation of an electrification ecosystem
4. Localizing production of key EV components
5. Expanding the EV charging station network

Chung highlighted Hyundai's significant impact on the Indian economy and its commitment to the 'Make in India' initiative. He also invited PM Modi to the opening of HMIL's new plant in Pune, Maharashtra. Hyundai aims to establish itself as India's most trusted mobility company and continue its 26-year success in the country.

Hyundai celebrated Hispanic Heritage Month (September 15 to October 15) with various initiatives to honor Hispanic and Latino communities in the U.S. Key highlights include:

• Hyundai's Amigos Unidos ERG hosted the Seventh Annual Hyundai Career Experience Program for college students
• Donated $10,000 to the Museum of Latin American Art (MOLAA) for youth art programs
• Contributed $50,000 to AltaMed Foundation's Health Services for healthcare access
• Donated $50,000 to the TELACU College Success Program for STEM and business education
• Sponsored the Congressional Hispanic Caucus Institute (CHCI) Hispanic Heritage Month Events
• Launched a bilingual marketing campaign for the 2025 Hyundai Tucson

These efforts reflect Hyundai's commitment to fostering inclusivity and supporting Hispanic communities in various sectors including education, healthcare, and culture.

Hyundai Motor Company has launched 'Cities in Motion', an original digital series exploring urban sustainability solutions. The series, available on YouTube, features James Stewart and Voice for Nature visiting London, Frankfurt, Jakarta, and Los Angeles in Hyundai IONIQ EVs to showcase innovative approaches to environmental challenges.

The series highlights that cities, occupying only 2% of Earth's surface, are responsible for 70% of greenhouse gas emissions, 80% of energy consumption, 75% of natural resource use, and over 50% of global waste. Hyundai Motor aims to demonstrate its commitment to a sustainable future and its vision of 'Progress for Humanity' through this initiative.

Sungwon Jee, Senior Vice President and Global Chief Marketing Officer of Hyundai Motor Company, emphasized the company's pride in spotlighting global environmental initiatives and the role of sustainable mobility in creating positive impact.