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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 America reported impressive May 2021 sales of 90,017 units, marking a 56% increase from May 2020 and achieving a new monthly sales record for the third consecutive month. Fleet sales surged by 95%, comprising 6% of total sales. Retail sales reached an all-time high of 84,351 units, a 54% increase with notable growth in SUVs (+34%) and eco-friendly vehicles (+887%). Hyundai also pledged $7.4 billion for U.S. investments in EV production by 2025, further solidifying its market position.

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Hyundai Motor North America launched the all-new IONIQ 5, an electric crossover utility vehicle (CUV) featuring a targeted driving range of 300 miles and ultra-fast charging from 10% to 80% in just 18 minutes. Built on the Electric-Global Modular Platform (E-GMP), it offers enhanced interior space and performance. Set to go on sale in fall 2021, the IONIQ 5 supports various electric motor configurations, including AWD with 320 horsepower. Additionally, it boasts innovative features like Vehicle-to-Load power capability and a two-year unlimited charging plan with Electrify America.

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Hyundai Motor America announced the North American virtual premiere of the 2022 IONIQ 5 Electric CUV on May 24, 2021, at 12:00 p.m. PT. This all-electric vehicle, featuring ultra-fast charging, Vehicle-to-Load capability, and a driving range of up to 300 miles, represents a significant advancement in Hyundai's electrification strategy. Executives will share insights on design and key attributes during the presentation. The IONIQ 5 will go on sale this fall, marking the company's commitment to innovation in the electric vehicle market.

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Hyundai Kona has been recognized as one of Autotrader's 2021 Ten Best Cars for Recent College Graduates. The recent redesign for 2022 features enhanced safety and convenience that appeals to compact SUV buyers. The Kona range includes eco-friendly Electric, Turbo, and sporty N Line versions, catering to diverse preferences. Notably, all vehicles on the list are priced under $25,000 and boast a combined fuel economy of at least 30 mpg. The model is acknowledged for its affordability and fun driving experience, making it a strong contender in the compact SUV market.

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Hyundai Motor Group announced a $7.4 billion investment in the U.S. by 2025 aimed at enhancing EV production, improving facilities, and advancing smart mobility solutions. This initiative will bolster competitiveness in future mobility technologies, particularly in electrification and hydrogen energy. Hyundai and Kia plan to expand their EV footprint and introduce American-made electric vehicles starting next year. The company is also committed to developing the hydrogen ecosystem and launching a subsidiary focused on Urban Air Mobility. Collaborations with local partners will support fuel cell technology innovation.

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Hyundai Motor America will unveil the all-new 2022 IONIQ 5 on May 24 at 12 p.m. PT during a virtual event. This all-electric CUV introduces cutting-edge technology, including ultra-fast charging and Vehicle-to-Load (V2L) capability, allowing users to power devices from the vehicle. The IONIQ 5 boasts a driving range of up to 300 miles and is built on a dedicated battery electric vehicle platform. Key executives will discuss the vehicle's design and Hyundai's commitment to electrification. The IONIQ 5 is set to go on sale this fall.

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Hyundai Motor America has appointed Culture Brands as its African American marketing agency of record as of May 7, 2021. This multi-year agreement follows a competitive RFP process and aims to enhance marketing strategies targeting African American audiences. Culture Brands will collaborate on campaigns for the 2022 Tucson and support future launches, including the IONIQ sub-brand. The partnership focuses on creating culturally relevant content and strategies to engage this demographic effectively.

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Hyundai Motor and UNDP Accelerator Labs celebrate six months of the 'for Tomorrow' project with a video showcasing sustainable solutions from grassroots innovators across 30 countries. Narrated by Jessica Alba, the video highlights the initiative's progress and encourages further submissions to promote sustainable cities and communities. The project will continue to accept solutions until late 2021, with support from sustainability experts starting in May, culminating in an announcement of final results in September.

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Robert Wickens returned to racing in a Hyundai Veloster N TCR car after a severe accident in 2018, marking a significant milestone 989 days post-accident. Wickens, who underwent extensive rehabilitation for multiple serious injuries, expressed gratitude for the opportunity provided by Hyundai and Bryan Herta Autosport. The vehicle, equipped with custom hand controls, previously won races under paralyzed driver Michael Johnson. Wickens aims to use his experience to enhance accessibility in racing.

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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 $64.68 as of September 13, 2024.

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

The market cap of HYUNDAI MOTOR REG S (HYMTF) is approximately 45.4B.

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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45.43B
196.15M
0.18%
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Consumer Cyclical
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