Can Lucid Power Hyundai's Future? A Korean-American Tie-Up Is Reportedly In The Works

Hyundai Motor Company (OTCPK: HYMTF) is reportedly considering a partnership with California-based Lucid Group (NASDAQ:LCID) for its high-performance electric motor.

BenzingaMay 30 20:07

Hyundai Adds More Banks for Possible Record India IPO

Hyundai Motor Co. has brought in Kotak Mahindra Bank Ltd. and Morgan Stanley as advisers on a potential initial public offering of its India unit, according to people familiar with the matter, as the automaker considers what might be one of the biggest-ever listings in the South Asian country.

BNN BloombergMay 27 17:07

Volkswagen Gets Surpassed Even By Hyundai

During the first three months of 2024, Hyundai Motor Group (OTC:HYMTF) surpassed Volkswagen Group (OTC:VWAGY) in terms of operating profit, taking its second place, with Toyota Group (NYSE:TM) remaining on the global auto industry throne.

BenzingaMay 15 20:55

Hyundai Motor Co. Ltd. 1Q Consolidated Rev KRW40.659T Vs KRW37.770T

Hyundai Motor Co. Ltd. 1Q Consolidated Rev KRW40.659T Vs KRW37.770T

Dow JonesApr 25 12:48

Hedge funds that accurately avoided the sharp decline in chip stocks embrace “strong dollar” beneficiaries: export-oriented car companies

Fibonacci Asset withdrew its positions with Samsung Electronics and SK Hynix last week due to risk, and the depreciation of the won is expected to benefit export-oriented companies such as Hyundai and Kia Motors. The hedge fund company, which accurately predicted when the South Korean chip giant's stock price plummeted, emphasized that South Korean automakers Kia and Hyundai may be one of the “strong dollar” beneficiaries.

Zhitong FinanceApr 17 13:58

The US AI boom continues to “export”, and South Korea's stocks are winning!

① The market generally anticipates that the development of artificial intelligence and data centers in the US will lead to a surge in electricity demand; ② the shares of Korean electrical equipment manufacturers became one of the biggest winners in the country's stock market this year; ③ analysts believe that due to the aging and inefficiency of the US power grid, demand for equipment in the US is expected to be particularly strong.

cls.cnApr 9 15:39