Hyundai Motor Shares Rally 6% as India Unit Files for IPO Worth $3 Billion
Shares of Hyundai Motor rallied 6% and hit a 52-week high of KRW 2,85,000 on the Korean Exchange after the company’s Indian arm filed for...
Tag : Hyundai Motor
Hyundai Motors and LG Energy to Invest $4.3 Billion to Manufacture EV Batteries in the US
LG Energy Solution and Hyundai Motor Group plan to invest $4.3 billion or 5.7 trillion won to build a plant to manufacture electric-car batteries in...
Hyundai Motor Reveals $8.5 Billion Costs Plan Amid EV Drive
Hyundai Motor will capitalise 10.5 trillion earned, i.e. $8.5 billion throughout 2023, conferring to an exchange filing, as it transfers to captivate more of its...
Hyundai Partners With Tata Power to Build Fast-Charging EV Infrastructure
Hyundai Motor India said on Tuesday it has partnered with Tata Power to set up fast-charging EV infrastructure at selected dealerships in the country. Under...
Ford Motors Ends Its Journey in India
Ford Motors has announced it will end manufacturing cars immediately, and nearly 4,000 employees will be affected. Ford sold 15,818 vehicles through the April-August season,...
Volkswagen Asks For Low Import Tax on EVs in India
Volkswagen is also calling for lower import duties on electric vehicles (EVs) in India to help increase demand for green vehicles. “The demand for EVs...
Supreme Stays Penalty Of Rs. 420 Crores Against Hyundai Motors
The Supreme Court yesterday stayed the penalty imposed by the Competition Commission of India (CCI) against car manufacturer Hyundai Motor India Ltd of Rs. 420.26...
Hyundai Motor Set To Invest Rs. 7000 Crores In Tamil Nadu
Hyundai Motor and the Tamil Nadu government has announced to sign a memorandum of understanding (MoU) in which the automaker will invest Rs 7,000 crores...
Hyundai Motor has partnered with Pusa Institute of Technology
Hyundai Motor India has partnered with Pusa Institute of Technology. The company, as part of the arrangement, opened ‘Hyundai Professional Development Center’ at Pusa Institute...
Federal Bank entered into a dealer financing agreement with Hyundai Motor
On Friday, Federal Bank said that it has entered a dealer financing agreement with Hyundai Motor India (HMIL) to thrust commercial vehicle and passenger vehicle...