HYUNDAI MOTOR REG S - HYMTF STOCK NEWS

Hyundai Motor Company has unveiled teaser images of its new multi-purpose vehicle (MPV) lineup, STARIA, highlighting its premium variant, STARIA Premium. The design features a futuristic aesthetic with a streamlined silhouette, spacious interior, and driver-centric innovations. STARIA is positioned to enhance productivity and comfort for both business and family use, aligning with Hyundai's vision of being a Smart Mobility Solution Provider. Further design details are expected in the coming weeks.

Hyundai Motor Group announced the appointment of Ben Diachun as the new chief technology officer for its Urban Air Mobility Division, effective immediately. Diachun, with over 20 years of experience in aerospace, aims to advance the Division's technology strategy to bring Hyundai's urban air mobility vehicles to market by 2028. Previously, he served as CEO at Opener and president at Scaled Composites, contributing to the development of 16 groundbreaking aerospace vehicles. His leadership is viewed as essential for integrating UAM technology into existing mobility infrastructure.

Hyundai Motor Company unveiled the IONIQ 5 all-electric midsize CUV, marking the debut of its new IONIQ brand dedicated to battery electric vehicles (BEV). This vehicle showcases an innovative design based on the Electric-Global Modular Platform (E-GMP), emphasizing sustainability with eco-friendly materials and nature-inspired colors. It features fast charging capabilities and a Vehicle-to-Load (V2L) function, enabling it to serve as a mobile power source. The IONIQ 5 is set to launch in select markets in the first half of 2021.

Hyundai Motor Company has unveiled interior images of the IONIQ 5 ahead of its virtual world premiere on February 23, 2021. The vehicle boasts a spacious and innovative design supported by the Electric-Global Modular Platform (E-GMP). Featuring eco-friendly materials such as processed leather and bio paints, the IONIQ 5 reflects consumer demand for sustainable transportation. The interior, inspired by the 'Living Space' theme, promotes flexibility and comfort, allowing for enhanced passenger mobility. Hyundai aims to set a new standard in the EV market with this model.

Hyundai Motor Group has unveiled TIGER, its first uncrewed Ultimate Mobility Vehicle (UMV) concept, designed to traverse remote and challenging terrains. Developed by New Horizons Studio in collaboration with Autodesk and Sundberg-Ferar, TIGER can operate as a four-wheel drive vehicle or a four-legged machine. It features advanced locomotion capabilities and sensor technology for scientific exploration, emphasizing innovation in vehicle design and future mobility. The vehicle showcases a modular architecture and aims to connect with unmanned aerial vehicles for enhanced operational efficiency.

Hyundai Motor Group announced the inauguration of Euisun Chung as Chairman, succeeding Mong-Koo Chung, who becomes Honorary Chairman. The unanimous decision was supported by the boards of Hyundai Motor, Kia Motors, and Hyundai Mobis. Euisun Chung aims to transform the Group with a customer-centric focus, emphasizing innovation in autonomous driving, electrification, and hydrogen fuel cells. The Group will prioritize employee empowerment and a healthier corporate culture. This leadership transition is expected to address market uncertainties and enhance mobility solutions.

Hyundai Motor Group has announced the groundbreaking of the Hyundai Motor Group Innovation Center in Singapore (HMGICS) during a virtual ceremony attended by key officials, including Singapore's Prime Minister Lee Hsien Loong. The HMGICS, slated for completion by the end of 2022, aims to innovate the future mobility value chain, focusing on customer-centered electric vehicle manufacturing and exploring new business concepts like battery-as-a-service. This facility will utilize AI, IoT, and robotics for a digital and customer-focused manufacturing environment.

Hyundai Motor Company has successfully launched its XCIENT Fuel Cell heavy-duty trucks in Europe, delivering the first seven units to Swiss customers. This marks the company's expansion into the North American and Chinese markets, with plans to increase production capacity to 2,000 units annually by 2021. To support this growth, Hyundai is investing USD 1.3 billion, complementing a previous investment of USD 6.4 billion. The company aims to have over 12,000 fuel cell trucks on U.S. roads by 2030 and 27,000 units in China, targeting key hydrogen hubs.

Hyundai Motor Company will unveil the XCIENT Fuel Cell heavy-duty truck, the world's first mass-produced fuel cell truck, at a digital event on October 14 at 10:00 a.m. KST. This event will feature leaders from Hyundai's Commercial Vehicle Business Division discussing their roadmap for clean commercial mobility. The XCIENT Fuel Cell is designed for eco-friendly transport, equipped with a 350-bar hydrogen tank offering a range of 400 km and rapid refueling of 8-20 minutes. Hyundai plans to roll out 1,600 fuel cell commercial vehicles by 2025, supporting a future hydrogen society.