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    A005380   KR7005380001

HYUNDAI MOTOR COMPANY

(A005380)
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Hyundai plans to invest $7.4 billion in US by 2025

05/13/2021 | 11:58am EDT

Hyundai plans to invest $7.4 billion in the U.S. by 2025 to make electronic vehicles, enhance production facilities and invest further in smart mobility solutions.

Hyundai Motor Group, which includes Hyundai Motor Co. and Kia Corp., said Thursday that Hyundai and Kia will invest in growing its electronic manufacturing footprint to scale production and satisfy U.S. market demands. Hyundai Motor will offer a variety of American-made electric vehicles to U.S. consumers starting next year.

Hyundai Motor Group will create a subsidiary in Washington D.C. to spearhead its urban air mobility businesses. In addition, Hyundai and its partner Aptiv will use their joint venture, Motional, to commercialize driverless technology. Motional received a driverless license in Nevada and plans to commercialize robotaxi service there in 2023 along with its partner Lyft. Motional has started testing Hyundai’s all-electric IONIQ 5 equipped with advanced autonomous driving technology on public roads.

Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission., source Associated Press News

Stocks mentioned in the article
ChangeLast1st jan.
HYUNDAI FUTURENET CO., LTD 1.44% 4930 End-of-day quote.27.89%
HYUNDAI MOTOR COMPANY -0.42% 237000 End-of-day quote.23.44%
KIA CORPORATION -0.11% 88400 End-of-day quote.41.67%
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Financials
Sales 2021 116 453 B 104 B 104 B
Net income 2021 5 697 B 5,10 B 5,10 B
Net Debt 2021 70 410 B 63,0 B 63,0 B
P/E ratio 2021 10,3x
Yield 2021 1,67%
Capitalization 50 184 B 44 873 M 44 915 M
EV / Sales 2021 1,04x
EV / Sales 2022 0,93x
Nbr of Employees 70 388
Free-Float 70,8%
Chart HYUNDAI MOTOR COMPANY
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Hyundai Motor Company Technical Analysis Chart | A005380 | KR7005380001 | MarketScreener
Technical analysis trends HYUNDAI MOTOR COMPANY
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 30
Average target price 305 896,55 KRW
Last Close Price 237 000,00 KRW
Spread / Highest target 43,5%
Spread / Average Target 29,1%
Spread / Lowest Target -40,9%
EPS Revisions
Managers and Directors
NameTitle
Eui-Sun Chung Vice Chairman & Co-Chief Executive Officer
Albert Biermann Co-President & Director
Eon-Tae Ha Co-President & Director
Moon-Sik Kwon Vice Chairman-Executive Board, Head-R&D
Byung-gook Lee Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
HYUNDAI MOTOR COMPANY23.44%44 873
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