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 Motor Group has initiated two pilot programs utilizing Plug & Drive (PnD) robots for autonomous delivery services at a hotel and a residential-commercial complex in Seoul. The robots feature deep-learning technology for customer recognition and can navigate autonomously between floors. They will deliver food and drinks to hotel guests and will also operate in partnership with Woowa Brothers for outdoor deliveries. Positive pilot results could lead to increased operating hours and more robots in service.
Hyundai Motor Group's fuel cell brand HTWO has partnered with ENGINIUS to supply fuel cell systems for the mass production of hydrogen-powered commercial trucks. This collaboration aims to position HTWO as a leader in the European eco-friendly waste collection market. ENGINIUS, the first EU-type approved FCEV truck manufacturer, will utilize HTWO's 90-kW fuel cell systems for zero-emission waste collection and cargo delivery. Initial plans include testing the CITYPOWER medium cargo truck in 2024, with series production starting in 2025.
Hyundai Motor America launches its first creative campaign, "Coach Mom," with Lopez Negrete Communications, aimed at Hispanic families. This campaign showcases the Tucson SUV's features, emphasizing its role in family life and cultural connection. Running through December 2022, it utilizes Spanish-language media, including TV and digital platforms. The initiative aims to resonate with younger Hispanic audiences, highlighting the vehicle's safety, interior design, and technology while celebrating key cultural moments.
Hyundai Motor's IONIQ 5 all-electric SUV has been awarded the 2022-2023 Import Car of the Year by Japan Car of the Year (JCOTY), marking a historical achievement as the first Korean automaker to win this honor. Competing against prestigious models like BMW iX and Land Rover Range Rover, IONIQ 5's innovative design and driving range resonated with the Japanese market. This accolade adds to its list of awards, including World Car of the Year, highlighting its strong reception since entering the Japanese market earlier this year.
Hyundai Motor Group (HMG) and SK On have chosen Bartow County for a new electric vehicle (EV) battery manufacturing facility, representing a $4-5 billion investment and over 3,500 new jobs. This partnership aims to support HMG's U.S. plants and solidify Georgia's position in the EV sector. The facility, expected to begin operations in 2025, follows a memorandum of understanding between the companies. This development is part of a broader trend in Georgia, with EV projects totaling approximately $17 billion and creating over 22,800 jobs since 2020.
Hyundai Motor Company has unveiled a video showcasing the development of its N Brand rolling labs, including RN22e and N Vision 74, which focus on battery electric and hydrogen hybrid technologies. The video offers a first look at the IONIQ 5 N, camouflaged in an eye-catching design. These innovations reflect Hyundai's commitment to electrification and high-performance vehicles. Vice President Till Wartenberg emphasized that RN22e paves the way for IONIQ 5 N, the brand's first battery electric model.
Hyundai Motor America reported record total sales for November 2022, with a 43% increase year-over-year, totaling 63,305 units. Retail sales also surged by 28% to 56,592 units, driven by a remarkable performance in eco-friendly vehicles, which saw a 39% increase. Record sales were noted for models including Elantra HEV, Santa Fe HEV, Tucson HEV, and Kona EV. Despite challenges, Hyundai's performance in the Tucson and Santa Fe brands remains strong, with expectations to conclude the year positively.
Hyundai Motor Company has announced a collaboration with Italian design firm GFG Style to reconstruct the renowned 1974 Pony Coupe Concept, originally designed by Giorgetto Giugiaro. This redevelopment celebrates Hyundai's brand heritage and will be showcased in the spring. The original Pony influenced various Hyundai models, including the IONIQ 5 and N Vision 74. The announcement was made during a Design Talk in Seoul, where executives expressed enthusiasm for the project and its historical significance.
Hyundai Hope has partnered with Children's Hospital of Philadelphia, donating $50,000 to its Car Seat Safety Program. This initiative aims to distribute nearly 700 car seats to families in need, promoting child safety on the road. The partnership was launched with a community car seat safety check event at Faulkner Hyundai, guiding families on proper car seat usage. This collaboration reflects Hyundai's commitment to children's safety and community well-being.
The Hyundai Kona has been awarded the City Car of the Year at the 2023 Hispanic Motor Press Awards. This recognition highlights its appeal to Hispanic consumers based on styling, driving satisfaction, and safety. Hyundai's vice president, Olabisi Boyle, emphasized the Kona's sporty and eco-friendly options, while Ricardo Rodriguez-Long of the Hispanic Motor Press noted its diverse powertrain choices, including a zero-emission electric model. The awards aim to guide Hispanic families in selecting the best vehicle options.