HYMLF News and Press, Hyundai Motor Co. Ltd. From 08/03/21

Global electric car sales for June 2021 were up 153% YoY reaching 8.7% share. Europe sales rose 157% YoY reaching 19% share, and China sales rose 158% YoY reaching 15% share. EV market news - EU proposes end to the internal combustion engine in 2035. Bank of America sees EVs represent...

Hyundai (OTCPK:HYMLF) reports sales in the U.S rose 19% to 68,500 units in July. Retail sales up 14% to 61,227 units. YTD sales increased 44% to 475,635 units. Retail sales rose for the entire lineup with SUVs +4%, cars +36% and eco-friendly vehicles +399% for the mon...

Hyundai Motor (OTCPK:HYMLF) reports global sales declined 2.4% to 309,091 units in July, Sales outside of Korea rose 4.2% Y/Y to 250,045 units. Sales in Korea decreased 22.6% Y/Y to 59,856 units due in part to disruption in the semiconductor chip supply chain.  Hyundai Motor expects...

Hyundai Motor Co. announces that it will begin a $1.1 billion joint venture in Indonesia with South Korean battery maker LG Energy Solution, a spin-off of LG Chemical. The plant is expected to produce 10-gigawatt-hours of battery cells yearly when it is completed in 2023. A typical nuclear re...

Commercial vehicle registrations in the European Union increased 12.4% to 185,573 units in June, followed by +51.3% in May.Demand was largely driven by Central European countries +43.4%, while only two of the four key Western European markets showed positive results: Germa...

The depth of Toyota’s stance against the BEV is becoming public, with lobbying exposed. Toyota’s current strategy is to focus on hybrids and eventually hydrogen in the core business and largely advance BEV activities with partners. Toyota has BEV partnerships with Su...

JHVEPhoto/iStock Editorial via Getty Images Veoneer (VNE) rose 3.6% and traded above the price for its announced deal with Magna International (MGA), an indication that some investors may be expecting a competing bid. Magna on Friday announced an agreement to acquire Veoneer for $31...

An Apple electric car (maybe called an "iCar") would be an iPhone moment (turning point) for the EV industry. The opportunity for Apple is significant. Apple is reported to be currently sourcing batteries for an electric car. Who would be the winners and losers if Apple announced ...

Scharfsinn86/iStock via Getty Images Seeking Alpha reported on the discussions several weeks back, but the European Commission has now proposed a date to call time on the internal combustion engine. Sales of new cars and vans that produce CO2, including plug-in hybrids, would be banned as of ...

For the last few years, Toyota RAV4 has been the best-selling nameplate in the largest non-pickup truck segment: Compact SUV-crossover. In Q2 2021, Honda CR-V overtook Toyota RAV-4 in the U.S. market thanks to 76% year-over-year growth compared to “only” 25% for Toyota. ...