Streetbeat News

HYMTF

Hyundai Motor

http://www.hyundai.com/

Industry

Automobile Manufacturing

Open

49.20

Mkt cap

34B

Volume

683

High

50.60

P/E Ratio

3.01

52-wk high

69.27

Low

49.20

Div yield

0.06

52-wk low

45.10

Ford, GM, and Hyundai are adapting differently to the evolving EV market. Ford focuses on hybrids, GM expands its EV portfolio, and Hyundai maintains EV sales momentum. Ford's EV sales grew but lost its lead to GM, while Hyundai collaborates with Worksport for innovative solutions.

Portfolio Pulse from Upwallstreet

October 03, 2024 | 2:20 pm

Ford is offering free chargers to boost EV sales, while Worksport is launching solar-powered accessories and pursuing ISO 9000 certification to enhance its market position. These efforts aim to address the EV slowdown and improve infrastructure.

Portfolio Pulse from Upwallstreet

September 30, 2024 | 8:40 pm

The U.S. Commerce Department has proposed a ban on Chinese-made vehicles with key communications and automated driving systems due to national security concerns. This could significantly impact Chinese automakers like BYD, Nio, and Xpeng, as well as American and international automakers sourcing components from China. The proposal is part of a broader U.S. strategy to limit China's economic influence. Stocks of affected companies showed mixed reactions, with GM falling over 3% and Ford rising 1.3%.

Portfolio Pulse from Piero Cingari

September 23, 2024 | 1:26 pm

Electric pickups face challenges in efficiency and market success, but innovations like Worksport's solar-powered solutions may improve their prospects. Rivian, Ford, Tesla, and Stellantis are key players in this evolving market.

Portfolio Pulse from Upwallstreet

September 20, 2024 | 1:21 pm

Tesla's vehicle registrations in the EU dropped by 15% in the first eight months of 2024, reflecting a slowdown in EV demand. In contrast, Volkswagen, Volvo, and Toyota saw increases in registrations. The ACEA has called for urgent relief measures due to upcoming CO2 targets.

Portfolio Pulse from Anan Ashraf

September 19, 2024 | 8:05 am

General Motors (GM) and Hyundai have signed a memorandum to explore joint product development and clean energy technologies, aiming to enhance competitiveness and efficiency. GM is also expanding its partnership with EVgo to install more fast charging stalls. The automotive market is challenging, with companies like Volkswagen and Tesla facing competition from BYD.

Portfolio Pulse from Upwallstreet

September 17, 2024 | 5:13 pm

General Motors (GM) is exploring a partnership with Hyundai to enhance vehicle development and technology, focusing on electric and hydrogen technologies. GM is also expanding its EVgo charging network in the U.S. GM shares have risen 1.05% following these announcements.

Portfolio Pulse from Lekha Gupta

September 12, 2024 | 2:04 pm

General Motors and Hyundai Motor have signed a non-binding Memorandum of Understanding to explore future collaboration in joint product development, manufacturing, and clean energy technologies. The aim is to improve efficiencies and competitiveness.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 10:03 am

Elon Musk responded to Kia's new incentive program targeting Tesla owners, highlighting Tesla's market challenges as traditional automakers like Kia gain ground in the EV market. Kia offers up to $1,500 to Tesla owners switching to their EVs, while Tesla's market share falls below 50%.

Portfolio Pulse from Benzinga Neuro

September 11, 2024 | 10:06 am

Hyundai Motor Group is sponsoring the second U.S.-Japan-Korea Trilateral Executive Dialogue in Seoul to enhance economic cooperation among the three nations. The event will gather key political and business leaders to discuss economic development, national security, and mutual prosperity.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 7:58 am

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