The plant is part of a commitment by Hyundai Motor and LGES to invest up to $9.8 billion in Southeast Asia's largest economy to develop an EV supply chain
Back home, out of the last seven big IPOs to hit the Dalal Street (D-Street) since 2007, the Sensex has lost ground five times post the stocks of these companies debuted at the exchanges
If successful, this IPO will mark Hyundai Motor Co.'s first listing outside of South Korea
'We constantly review various measures, including listing overseas subsidiaries, to increase corporate value, but nothing has been decided,' Hyundai Motor said in a regulatory filing
Through its Sriperumbudur facility outside Chennai city, and now the Talegaon plant, Hyundai aims to increase its achieve a cumulative production capacity of one million units per year
Smart Alabama LLC, a wholly owned unit of the Korean automaker, employed immigrant workers as young as 12, Reuters reported Friday, citing family members of three underage workers
Hyundai Motor will study alternatives to a gas-fired power station for one of the world's biggest automobile plants after criticism the decision contradicts pledges to shift entirely to clean energy
Hyundai is finalizing those plans as President Joe Biden is set to travel to South Korea next week as part of his first visit to Asia during his presidency
India last year finalised an incentive program for companies to invest in local manufacturing of batteries as it looks to establish a domestic supply chain for clean transport and build storage for RE
The profit was just shy of an average analyst forecast of 1.4 trillion won compiled by Refinitiv SmartEstimate
Hyundai Motor said it in was in early discussions with Apple after Korea it was reported that the two were in talks to cooperate on electric cars and batteries, sending Hyundai's shares surging 24%
It has been nearly a month since automakers suspended operations across their plants as Covid-19 pandemic spread across the country
The sale of Venue grew by 9.3 per cent to 9,585 units in July 2019, as compared to 8,763 units in the previous month
Hyundai will be targeting working professionals more and leasing will be available across Delhi-NCR, Mumbai, Chennai, Hyderabad, and Bengaluru in the first phase.
Business groups said in May that they would work with the South Korean govt to create jobs and boost investment
SEOUL (Reuters) - Hyundai Motor Co <005380.KS> said on Thursday it had invested in Singapore-based ride-hailing firm Grab, in the South Korean automaker's first foray into the rapidly growing sector as it tries to diversify following a sales slump in China.
Plans to roll out small electric SUVs based on an existing underpinning next year