HYMLF News and Press, Hyundai Motor Co. Ltd. From 03/02/21

Hyundai (HYMLF) reports sales in the U.S decreased 9% to 48,333 units in February.Retail sales were down 2%. Hyundai fleet sales were down 47%, representing 9% of total volume.Retail sales for Venue +13%, Kona +4%, Tucson +9%, Santa Fe +26% and the entire eco-fri...

Global electric car sales for Jan. 2021 up 112% YoY reaching 5% share. Europe sales up 50% YoY reaching 14% share, China sales rose 223% YoY reaching 8.4% share. EV market news - Bloomberg forecasts that "EV Investment growth to exceed renewable energy investments." President Biden is...

The electric vehicle sector is seeing one of the biggest safety test of its history with Hyundai (HYMLF) replacing battery systems in about 82K EVs globally due to the risk of fires from LG Chem (LGCLF) batteries.The recall is estimated to cost the South Korean automaker about $900M."It'...

SPAC DMY Technology III (DMYI) is reportedly in talks to combine with quantum computer company IonQ in a deal that values the combined entity at about $2b.Deal could be announced in the coming weeks, according to a Bloomberg report.Silver Lake, MSD Partners, Bill Gates' Breakthrough Energy an...

AIA has exposure to only four Asian markets: China, South Korea, Taiwan, and Singapore. Its investment in Singapore is minuscule since four SGX-quoted stocks account for 3.4% of the portfolio. Chinese equities dominate the portfolio with a 37.2% weight, followed by the South Korean st...

European car registrations fell 24% in to 726,491 units in January, followed by 3.3% decline in December, due COVID‑19 pandemic.Nearly all 27 EU markets suffered double-digit losses last month, including three of the four major ones: Spain was badly-hit -51.5%, followed by Ge...

Economist Ed Yardeni pointed out last week that the money supply has exploded and "M2 is off the charts." Essentially, when this much money is sloshing around, it tends to get spent, especially as uncertainty comes to an end and the economic outlook seems brighter. The Labor Depar...

ReWalk Robotics (RWLK) soared 20% as a CNBC report hit that said Hyundai Motor Group (HYMLF) is working on a concept car that can be turned into a "four-legged walking machine."The vehicle, known as TIGER, is being designed to operate without a crew and in "extreme, remote loca...

QuantumScape Corp. supports the EV industry by producing solid-state lithium-metal batteries providing multiple benefits to energy storage. QuantumScape has successfully addressed four main challenges faced by the lithium-ion battery sector. QuantumScape is a classic ESG play. ...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Renaissance hedge funds hit with $5B in redemptionsJim Simons' Renaissance Technologies has seen at least $50B in redemption since the start of December, B...