Hyundai Motor Gd Stock Price, News & Analysis

The Hyundai IONIQ 5 was awarded EV of the Year at the 2022 Hispanic Motor Press Awards, recognizing its appeal to Hispanic consumers based on factors like technology, safety, and environmental impact. Olabisi Boyle, Hyundai's VP, highlighted the vehicle's impressive range and advanced technology. The award aims to promote the adoption of clean transportation within the Hispanic community, according to Ricardo Rodriguez-Long, president of the Hispanic Motor Press Foundation. The awards are judged by a panel of 23 Hispanic journalists and influencers.

The Hyundai IONIQ 5 has been named the UK Car of the Year 2022, winning accolades for its design, performance, and practicality. It also secured the title of Best Family Car, praised for making electric driving accessible. The vehicle boasts a 298-mile range and is built on Hyundai's innovative Electric Global Modular Platform (E-GMP), enhancing its appeal in the electric vehicle market. The Hyundai i20N was recognized as Best Performance Car, marking a strong presence for Hyundai in various award categories.

Hyundai Motor Company unveiled its electrification roadmap at the 2022 CEO Investor Day. The company aims to sell 1.87 million battery electric vehicles (BEVs) annually by 2030, introducing 17 new models, including 11 Hyundai and 6 Genesis vehicles. Hyundai plans to invest KRW 95.5 trillion in future businesses, with KRW 19.4 trillion allocated for electrification and KRW 12 trillion for software capabilities. The target is a 10% operating profit margin in EV businesses, seeking a 7% global market share by 2030.

Hyundai Motor America reported a total of 52,424 units sold in February 2022, marking an 8% increase from February 2021. Notable performers included the Tucson (+37%), Palisade (+17%), and Venue (+16%), all setting new February sales records. The company achieved its best February retail sales, up 19% year-over-year, with eco-friendly vehicle sales soaring 278%. Notably, Hyundai reported no fleet sales for the second consecutive month.

Hyundai Motor Group has been recognized by the Insurance Institute for Highway Safety (IIHS) as the industry leader in vehicle safety, receiving a total of 21 awards for 2022. This includes 11 TOP SAFETY PICK+ (TSP+) and 10 TOP SAFETY PICK (TSP) awards, achieved by Hyundai, Kia, and Genesis models equipped with optional front crash prevention and specific headlights. All Genesis models in the U.S. earned TSP+ ratings, while various Hyundai and Kia models also gained recognition. This achievement underscores the Group's commitment to safety and innovation.

Hyundai Motor America has received eight 2022 IIHS TOP SAFETY PICK and TOP SAFETY PICK+ awards, showcasing its leadership in vehicle safety. All current SUVs earn these ratings with specific headlights, with five of the eight models featuring eco-friendly powertrains. Parent company Hyundai Motor Group tops the industry with a total of 21 awards across categories. The awards are crucial for validating Hyundai's commitment to safety, with plans for further advancements through new initiatives like the Safety Test and Investigation Laboratory.

Hyundai Transys showcased its innovative future mobility seat concept at Lineapelle 2022, emphasizing sustainability through the use of upcycled leather and regenerative materials. Under the theme 'Shift to Regenerative Mobility', the concept seat integrates materials developed in collaboration with Korean and Italian manufacturers. The design, named 'Seoul to Milan', symbolizes a commitment to sustainability, reducing waste, and carbon neutrality by 2045. Hyundai Transys will further exhibit this seat at Milan Design Week in June 2022, highlighting its innovative approaches to future mobility solutions.