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Automotive

Spaniard José Muñoz to take over as first foreign CEO of Hyundai Motors

by Staff Writer Fri 15 Nov 2024Fri 15 Nov 2024

The 59-year-old has a PhD in nuclear engineering and over two decades of experience in the automobile industry

Hyundai Motor India Share Price and IPO Listing

automobile industry

India’s largest IPO disappoints on listing; fails to give gains on opening day

by Staff Writer Tue 22 Oct 2024Tue 22 Oct 2024

Hyundai Motor India shares listed on bourses on Tuesday at a 1.5% discount to their issue price of INR 1,960

automobile industry

Hyundai hopes to raise $3.3bn in India’s biggest-ever IPO

by Staff Writer Mon 14 Oct 2024Mon 14 Oct 2024

South Korean automaker offering 17.5% stake in its India unit, making it the second biggest IPO this year worldwide

Hyundai

Hyundai Motors files draft proposal for $3 bn IPO in India: Report

by Staff Writer Mon 17 Jun 2024Mon 17 Jun 2024

The auto major has reportedly filed draft papers with the Indian market regulator SEBI (Securities and Exchange Board of India) for the proposed IPO at a targeted valuation between $18 billion to $20 billion

Ceer

Ceer signs $2.2bn partnership with Hyundai

by Staff Writer Wed 12 Jun 2024Wed 12 Jun 2024

Ceer and Hyundai partner up on Electric Vehicle Drive Systems

car industry

Saudi Arabia’s PIF and Hyundai to build $500m car plant in Kingdom

by Staff Writer Mon 23 Oct 2023Mon 23 Oct 2023

Saudi wealth fund and Korean motoring giant to manufacture 50,000 vehicles a year in the Kingdom

automobile industry

South Korean car maker Hyundai to set up manufacturing facility in Saudi Arabia

by Staff WriterMon 2 Jan 2023Mon 2 Jan 2023

The proposed facility using the CKD route will be for production of electric cars and internal combustion engine cars

Automotive

In pictures: New Hyundai Prophecy concept electric vehicle

by ITPTue 10 Mar 2020Tue 19 Oct 2021

The name “Prophecy” reflects the concept’s purpose, as it signifies a bright future for both Hyundai’s designs as well as innovative mobility solutions for the EV customers of tomorrow.

Automobiles

Video: Why hydrogen cars will be Tesla’s biggest threat

by ITPMon 23 Dec 2019Wed 6 Oct 2021

Although the automotive industry seems like it’s slowly making a shift towards battery-powered vehicles, hydrogen fuel cell vehicles could be another great alternative to gas-powered cars.