HYMLF News and Press, Hyundai Motor Co. Ltd.

2023-05-10 06:24:08 ET Summary Global electric car sales for March 2023 were up 28% YoY to 16% share. China sales up 23% YoY to 34% share. Europe up 29% YoY to 23% share. EV market news - EPA proposes auto pollution limits to aggressively boost EV sales. IEA says "nearly one in fi...

2023-05-02 12:39:53 ET Summary Unlike China and Europe, the U.S. is a growth market for battery electric vehicles, or BEVs, with a very small number of significantly over-catered segments. Vehicle sales statistics indicate very strong trends by Tesla's BEV rivals: predominantly Lu...

2023-05-02 12:03:19 ET Summary Toyota and other Japanese car makers are trying to extend hybrids to delay electrification of transport in Indonesia. Toyota still talks “customer choice” while not offering fully electric vehicles. Changing emissions regulations in...

2023-04-25 23:31:03 ET Hyundai Motor Co (HYMTF) Q1 2023 Earnings Conference Call April 25, 2023, 01:10 ET Company Participants Seo Gang Hyun - EVP Lee Dong Seok - CFO Jaehoon Koo - Corporate Relations Associate Officer Conference Call Participants Jin...

2023-04-25 06:30:00 ET Summary Despite tougher rules for tax credits, US electric vehicle sales (including plug-in hybrids) are expected to grow to 1.4mn in 2023, accounting for 10% of total light-duty vehicle sales. This puts the US EV market in a better position to achieve the 2...

2023-04-24 12:47:57 ET Summary Larger than Tesla Model 3, Ioniq 6 starts at $41,600 and offers 240 miles of range with its standard battery and up to 361 miles with its larger battery. Hyundai’s electrification strategy so far favors gas-electric and plug-in hybrids over ba...

2023-04-18 18:07:54 ET Summary The singularity is not here yet, but it will arrive very soon. The economic impact of the singularity may be devastating unless governments and central banks do something about it. Nothing is currently being done to prepare for the arrival of the...

2023-04-18 06:56:57 ET Nissan Motor ( OTCPK:NSANY ) and Polestar ( NASDAQ: PSNY ) both grabbed attention at the Shanghai Auto Show on Tuesday, providing investors with insight on their long-term plans. Japanese automaker Nissan ( OTCPK:NSANY ) made a splash by re...

2023-04-17 14:12:27 ET Treasury Department rules will take effect on April 18 that will reduce the number of electric vehicles that qualify for the full federal EV tax credit. The new rules stipulate that electric and plug-in-hybrid vehicles can only get the full tax credit if the vehicles ...

2023-04-08 05:29:00 ET Summary Global electric car sales Feb. 2023 were up 49% YoY to 14% share. China sales up 56% YoY to 33% share. Europe up 14% YoY to 20% share. EV market news - EV demand sentiment was weighed on by some automakers in China heavily discounting ICE vehicles in...