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HYUNDAI MOTOR REG S - HYMTF STOCK NEWS

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Hyundai Motor Company, a global automaker based in South Korea, is known for its innovative approach to electric and hydrogen mobility. With a focus on sustainability, Hyundai has made significant strides in developing fuel cell electric vehicles (FCEVs) and supporting a hydrogen economy. The company recently announced collaboration plans with Gran Turismo, unveiled the IONIQ 5 N TA Spec for motorsport events, and continues to invest in the future of mobility with cutting-edge technologies.

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Hyundai Motor Company has introduced the all-electric INSTER, an A-segment sub-compact urban EV, at the 2024 Busan International Mobility Show. The INSTER boasts a targeted driving range of up to 355 km (WLTP) and features a robust exterior, spacious interior, and advanced technology, positioning itself between traditional A-segment city cars and B-segment compact models. Key features include LED lighting, a 10.25-inch digital cluster, a 10.25-inch infotainment touchscreen, and a wireless charging dock. The INSTER can charge from 10 to 80 percent in approximately 30 minutes using a 120 kW DC High-Power charging station. The EV will debut in Korea this summer, with subsequent rollouts in Europe, the Middle East, and Asia Pacific.

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Hyundai Motor Group hosted a seminar titled 'From Logic to Magic: 5 Ways to Make Tech Resonate' at Cannes Lions 2024, showcasing technologies like hydrogen energy, autonomous driving, robotics, advanced air mobility (AAM), and advanced materials.

The Group highlighted its innovative Nano Cooling Film, capable of reducing vehicle interior temperatures by up to 10°C without darkening the glass, lowering energy consumption. This technology was first introduced in Lahore, Pakistan, via the 'Made Cooler By Hyundai' campaign, addressing local challenges such as extreme heat and air pollution.

The Cannes Lions Festival, attracting over 13,000 participants from 100+ countries, is a prestigious event for advertising and communications excellence. Hyundai Motor and Kia's efforts emphasize sustainability and innovation through advanced materials.

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Hyundai Motor Group has deployed DAL-e Delivery robots and Parking Robots at Factorial Seongsu, a robot-friendly office building in Seoul. The DAL-e Delivery robot autonomously navigates the building, providing efficient delivery services using AI Face Identification technology with 99.9% accuracy. Hyundai WIA's Parking Robot can autonomously park vehicles and increase space utilization. A Smart Parking Control System can manage up to 50 parking robots simultaneously. Starting in Q3, the Parking Robot will also offer EV charging services. Hyundai aims to expand its Robot Total Solution to other buildings, enhancing space innovation and technological advancements.

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Hyundai Motor President and CEO Jaehoon Chang has been appointed as the new Co-Chair of the Hydrogen Council, alongside Sanjiv Lamba, CEO of Linde. Chang takes over from Yoshinori Kanehana of Kawasaki Heavy Industries.

Hyundai has been a pioneer in hydrogen technology, with noteworthy achievements such as the first mass production of fuel cell electric vehicles (FCEVs) and heavy-duty hydrogen-powered trucks. At CES 2024, Hyundai announced plans to expand its hydrogen fuel cell brand, HTWO. Recently, Hyundai's XCIENT trucks achieved a cumulative driving distance of 10 million km in Switzerland.

Chang's new role aims to promote the global hydrogen economy, emphasizing international trade and investment. This appointment underscores Hyundai's ongoing commitment to advancing hydrogen technology and the energy transition.

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On June 17, 2024, the Hydrogen Council announced Hyundai Motor President and CEO Jaehoon Chang as its new Co-Chair, succeeding Yoshinori Kanehana of Kawasaki Heavy Industries. Chang will join Sanjiv Lamba, CEO of Linde, in steering the Council towards unlocking hydrogen demand and fostering global trade and investment. Hyundai has been a pioneering force in hydrogen technology, achieving several firsts in mass-produced fuel cell electric vehicles (FCEVs). The company’s comprehensive involvement in the hydrogen value chain positions it as a significant leader in the global energy transition. The leadership change was unveiled at the annual CEO event in Berlin, attended by over 200 CEOs and senior executives from leading hydrogen businesses and investors.

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Hyundai has secured two top awards at the Midwest Automotive Media Association's (MAMA) Spring Rally in Elkhart Lake, WI. The all-electric 2025 IONIQ 5 N was named Favorite Performance Vehicle, while the Hyundai Santa Fe received the Favorite Family Vehicle award. These accolades were decided by around 100 automotive media members who evaluated approximately 80 new vehicles. Both the IONIQ 5 N and Santa Fe are now candidates for MAMA's Favorite Vehicle of the Year to be announced at the 2025 Chicago Auto Show. Ricky Lao, Hyundai Motor North America's director of product planning, emphasized the honor of being recognized for both their electric and redesigned models.

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Hyundai Motor America and Ann & Robert H. Lurie Children's Hospital of Chicago hosted a child safety seat check during the Move for Kids event at Busse Woods Forest Preserve, Elk Grove Village, Illinois, on June 13, 2024. This marks their third such event, where Hyundai donated $50,000 to support the hospital's Buckle Up Child Passenger Safety Program. Certified Child Passenger Safety Technicians (CPST) inspected car seats for proper installation, expiration dates, and recalls. The initiative aims to reduce children’s motor vehicle injuries and fatalities. Hyundai's donation enables the program to provide education and resources, including free replacement seats for families in need.

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Hyundai Motor Group (HMG) is launching 'Na Oh,' a new Korean restaurant led by Three-Michelin-Star Chef Corey Lee at the Hyundai Motor Group Innovation Center Singapore (HMGICS). Opening on June 15, 'Na Oh' is designed to be a cultural hub for Korean cuisine, craft, and design, featuring collaborations with Korean artisans. The seasonal menu will leverage ingredients from HMGICS's vertical Smart Farm, providing a seed-to-table experience. HMGICS will also reopen its customer experience space, offering interactive programs such as a 3D Virtual Reality Tour and Skytrack Experience.

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Hyundai Motor North America has expanded its partnership with One Tree Planted to plant an additional 300,000 trees across the United States, Canada, and Mexico. This initiative brings the total number of trees planted through their collaboration to 650,000 since 2022. Hyundai employees participated in a planting event in Huntington Beach, California, where they planted 150 coastal native plants and cleared invasive species. This effort is part of Hyundai's broader 'IONIQ Forest' project, which began in South Korea with the release of the all-electric IONIQ series and aims to promote reforestation, biodiversity, and combat climate change.

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Hyundai's MyHyundai with Bluelink app has topped the J.D. Power 2024 U.S. OEM EV App Report among mass-market electric vehicle (EV) mobile applications. Achieving a score of 835, it outperformed the segment average of 757 by 78 points. This accolade highlights Hyundai's commitment to enhancing user experience through continuous improvement.

The app excelled in three out of five evaluation categories: Customer Journey, Functionality, and Software. It offers key features such as easy charging parameter settings, accurate monitoring of active charging sessions, and robust remote-control capabilities. Notably, 67% of EV drivers use OEM apps frequently, indicating their importance in EV ownership and purchase decisions.

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FAQ

What is the current stock price of HYUNDAI MOTOR REG S (HYMTF)?

The current stock price of HYUNDAI MOTOR REG S (HYMTF) is $54.2 as of January 31, 2025.

What is the market cap of HYUNDAI MOTOR REG S (HYMTF)?

The market cap of HYUNDAI MOTOR REG S (HYMTF) is approximately 36.1B.

What is Hyundai Motor Company known for?

Hyundai is known for its innovative approach to electric and hydrogen mobility, including the development of fuel cell electric vehicles (FCEVs).

What recent announcements has Hyundai made?

Hyundai recently announced collaboration plans with Gran Turismo, unveiled the IONIQ 5 N TA Spec for motorsport events, and continues to invest in cutting-edge technologies for future mobility.

Where is Hyundai Motor Company based?

Hyundai Motor Company is a global automaker based in South Korea.

What is the focus of Hyundai's sustainability efforts?

Hyundai focuses on developing sustainable solutions for electric and hydrogen mobility, supporting a hydrogen economy, and investing in innovative technologies.

What sets Hyundai apart in the automotive industry?

Hyundai's commitment to sustainability, innovation in electric and hydrogen mobility, and investment in future technologies set it apart in the automotive industry.
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0.13%
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