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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 announced that renowned artist El Anatsui will be the eighth artist for the Hyundai Commission at Tate Modern's Turbine Hall. The new site-specific work will be unveiled on October 10, 2023, and will remain on display until April 14, 2024. Anatsui is celebrated for his unique sculptures made from recycled materials, exploring themes of environment and trade. The annual commission allows international artists to create significant works for the Turbine Hall, enhancing cultural engagement. This collaboration continues to bolster Hyundai's commitment to the arts.

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Hyundai Motor America has announced the pricing and specifications for its new 2023 IONIQ 6 electric vehicle, offering a standard 53-kWh battery pack and a long-range 77.4 kWh option. The IONIQ 6 SE Standard Range starts at $41,600, while the IONIQ SE Long Range has an MSRP of $45,500, providing an industry-leading EPA-estimated range of up to 361 miles. The vehicle features advanced technology, such as 800-volt ultra-fast charging that achieves 10-80% in 18 minutes. With significant emphasis on quality and user experience, Hyundai aims to introduce 17 BEV models by 2030, targeting a global sale of over 1.8 million units.

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Hyundai Motor America is launching a free anti-theft software upgrade on February 14, 2023, to combat rising vehicle thefts targeting models without push-button ignitions. This upgrade impacts nearly 4 million vehicles, starting with more than 1 million Elantra, Sonata, and Venue models. The software prevents theft by activating an 'ignition kill' feature when the vehicle is locked. Eligible vehicles produced since November 2021 already include immobilizers. For those unable to receive the upgrade, Hyundai plans to reimburse steering wheel lock purchases. The initiative aims to enhance customer security and vehicle integrity.

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On February 13, 2023, Hyundai Motor America and local Colorado dealers contributed $150,000 to Children's Hospital Colorado as part of the annual Alice 105.9 Cares for Kids Radiothon. Since its inception, this Radiothon has raised over $24 million for the hospital, focusing on patient care and pediatric cancer research. John Angevine, Hyundai's regional general manager, emphasized their commitment to ending pediatric cancer and celebrated the 25th anniversary of the Hyundai Hope On Wheels initiative. This donation aims to support life-saving innovations and ensure pediatric expertise is accessible to families in need.

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Hyundai Motor America has donated $50,000 to Ann & Robert H. Lurie Children's Hospital of Chicago for their Buckle Up Child Passenger Safety Program. This funding will enhance community education events regarding car seat safety, benefiting over 350 families in underserved areas. This initiative aligns with Hyundai's Hyundai Hope program aimed at improving community health and safety. The partnership will include community car seat check-up events to address the high rate of incorrect car seat usage, which is reported at 46% by the NHTSA, ultimately striving to reduce motor vehicle injuries among children.

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Hyundai Motor America has announced its new Evolve+ electric vehicle subscription service at the 2023 Chicago Auto Show, aimed at offering flexibility and affordability in EV access. Starting at $699 per month for the Kona Electric and $899 for the IONIQ 5, the service includes insurance, maintenance, and roadside assistance. Evolve+ is designed for 'EV-curious' consumers, featuring a fully digital experience via the Hyundai Evolve+ app. Initially launching in seven cities across six states, the program allows for a month-to-month subscription without long-term commitments and plans to expand throughout the year.

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Hyundai Motor America sponsors Team Brute Squad, featuring automotive writers Jill Ciminillo and Kristin Shaw, in the 2023 Rebelle Rally, running from October 12 across California and Nevada. This annual all-women navigation rally spans 1,500 miles, showcasing the capabilities of the performance-upgraded 2022 Hyundai Santa Cruz Limited. The event emphasizes precise navigation over speed, challenging participants with hidden checkpoints and map-based navigation. Ciminillo and Shaw, returning after a successful 2022 experience, aim to leverage their skills to push the Santa Cruz's limits amidst desert terrains, thereby highlighting Hyundai's commitment to innovative vehicle performance and adventure.

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Hyundai Motor America has launched Bluelink+, a complimentary connected car service, at the 2023 Chicago Auto Show. This innovative program eliminates subscription fees for new owners of the 2023 IONIQ 6 and future models from the 2024 lineup. Bluelink+ offers key features such as Auto Collision Assistance and Remote Diagnostics, translating to an estimated annual savings of over $350 for customers. Hyundai is the first automaker to provide these services without a trial period or recurring fees, reinforcing its commitment to enhancing customer experience and technology leadership.

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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 $52.5 as of January 8, 2025.

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

The market cap of HYUNDAI MOTOR REG S (HYMTF) is approximately 35.3B.

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.
HYUNDAI MOTOR REG S

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35.32B
43.85M
0.13%
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Consumer Cyclical
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