Welcome to our dedicated page for HYUNDAI MOTOR REG S news (Ticker: HYMTF), a resource for investors and traders seeking the latest updates and insights on HYUNDAI MOTOR REG S stock.
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.
Hyundai N is conducting extreme winter testing for its all-electric, all-wheel-drive IONIQ 5 N in Arjeplog, Sweden. This model is set to debut in July 2023 as the brand's first high-performance mass-production EV, enhancing Hyundai's electrification strategy. The testing environment, featuring sub-zero temperatures and icy surfaces, allows engineers to ensure optimal performance and safety. The IONIQ 5 N is designed to meet rigorous performance criteria, marking a significant milestone in N's mission for sustainable electric performance vehicles. Further details will be disclosed leading up to the global launch.
On March 29, 2023, Hyundai's IONIQ 5 received the Top Pick Family EV award from Cars.com, marking its second accolade from the platform, following its designation as Best EV of 2023. The IONIQ 5, built on the exclusive Electric-Global Modular Platform (E-GMP), boasts a competitive EPA-estimated range of 220-303 miles and is one of the fastest-charging EVs tested by Cars.com. According to Ricky Lao, Hyundai's director of product planning, the IONIQ 5's spacious interior and advanced features make it an ideal choice for families and cargo transportation.
On March 23, 2023, Hyundai Motor America announced a $50,000 donation to the Banner Health Foundation aimed at constructing a new Play Zone at the Diamond Children's Medical Center in Tucson, Arizona. This initiative is part of Hyundai's corporate social responsibility program, Hyundai Hope, which focuses on enhancing the well-being of communities. The Play Zone will provide a supportive environment for pediatric patients, helping them cope with medical treatment through recreational and therapeutic play. This donation underscores Hyundai's commitment to community support and children's health in Arizona.
Hyundai Motor Company announced the launch of 'Re:Style 2023,' featuring an upcycled couture collection by designer Jeremy Scott, crafted from discarded materials from its electric vehicles. This eco-friendly fashion initiative aims to redefine sustainable design. The 'Hyundai Re:Style Exhibition,' the first in Korea, will open on March 23 to coincide with the global launch of the all-new KONA Electric. Also featured will be the 'Re:Style Archive Exhibition' in collaboration with model Lauren Wasser, showcasing previous collections themed on diversity and innovation. The exhibition emphasizes Hyundai's commitment to sustainability and cultural outreach.
Hyundai received recognition from U.S. News & World Report with its 2023 Best Cars for Families awards. The Hyundai Santa Fe was named the Best 2-Row SUV for Families, while the Hyundai Tucson was awarded Best Compact SUV for Families for a second consecutive year. These accolades highlight the models' combination of interior space, family-friendly features, and overall quality. The evaluation was based on safety, reliability, and opinions from automotive experts, with a total of 92 vehicles considered.
Hyundai emphasizes its commitment to delivering innovative technologies and safety features to meet customer demands.
Hyundai Motor America has announced its third-annual Women in STEM Scholarship to celebrate International Women's Day. Five female STEM students will each receive $10,000 USD, contributing to a total of $150,000 USD awarded since the scholarship's inception in 2020. Applications are open until June 30, 2023, requiring candidates to submit a 500-word essay on improving mobility through STEM solutions. This initiative aims to close the gender gap in STEM fields, emphasizing the importance of nurturing future women leaders and innovators.
The all-new KONA Electric has been unveiled by Hyundai Motor Company on March 6, 2023, with a long-range 65.4-kWh battery offering a WLTP-estimated 490 km of all-electric range. This second-generation model features Over-the-Air (OTA) updates for convenient maintenance and enhanced safety features. It is available with various powertrains including EV, hybrid, and ICE variants. The KONA Electric is designed to support Hyundai's mission of leading in the EV market and promoting eco-friendly mobility solutions.
Hyundai has launched the second chapter of its "Journeys" campaign, continuing its partnership with renowned photographer Annie Leibovitz. This phase features 13 new narratives showcasing employees, dealers, partners, and owners, emphasizing their unique stories and connections to the Hyundai brand. The campaign, which started in 2021, aims to celebrate the brand's community and enhance consumer engagement. Additionally, Hyundai collaborates with Condé Nast to extend its digital reach. The portraits and stories can be viewed online through March 31, 2023, enhancing brand visibility and emotional storytelling.
Hyundai Motor America reported record-breaking February 2023 sales of 57,044 units, a 9% increase from February 2022, marking the best February in its history. Retail sales also surged, with 52,932 units sold, a 1% year-over-year rise, achieving records for the seventh consecutive month. Notable performances included Elantra N and Santa Fe HEV, reaching all-time high sales. Key products like Kona EV saw a staggering 753% increase in sales. The company continues to focus on enhancing customer experience and expanding market share amid a diverse product lineup.