|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||42.00 - 42.00|
|52-week range||25.56 - 42.46|
|Beta (5Y monthly)||1.00|
|PE ratio (TTM)||3.13|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||30 Dec 2021|
|1y target est||N/A|
Viral TikTok videos on how to steal the vehicles led to a surge in crime, says the city’s law department
(Bloomberg) -- South Korea’s Hyundai Motor Group and LG Energy Solution Ltd. will invest 5.7 trillion won ($4.3 billion) to produce electric-car batteries in the US to comply with President Joe Biden’s clean energy tax law, which seeks to encourage domestic production and reduce reliance on Chinese suppliers. Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeEurope’s Economic Engine Is Breaki
Hyundai (HYMTF) started the 2023 New York International Auto Show on a high note with its new Ioniq 6 electric vehicle (EV). The Ioniq 6 won several awards, including the World Electric Vehicle of the Year, World Car Design of the Year, and World Car of the Year. They also unveiled the all-new Kona EV at the show. During an interview with Yahoo Finance’s Seana Smith, Hyundai Motor America CEO Randy Parker talked about the widespread adoption of EVs. He stated that people who are hesitant to purchase their first EV should consider hybrid vehicles as a good stepping stone. Additionally, Parker said the infrastructure in the United States needs to improve, as it can be challenging for some people to find charging stations. So what’s next for Hyundai in the EV space? Watch the video to learn more.
Buckle up! The 2023 New York International Auto Show is back and it's better than ever! This year's show is all about the latest and greatest in electric vehicle (EV) technology, design, and innovation. With so many new EV pickups available this year, some in the auto industry are calling 2023 "the year of the EV pickup." Electric vehicles are taking center stage as major automakers, like Ram (STLA), Ford (F), Hyundai (HYMTF) and more, showcase their newest models and highlight refreshes to existing lineups. Yahoo Finance spoke to auto experts and executives about the latest developments. Yahoo Finance’s Dave Briggs spoke to Ram Brand CEO Mike Koval Jr. about its all-new EV pickup truck, which many are calling a game-changer in the industry. The Ram EV pickup aims to take on established players in the market, such as the Ford F-150 Lightning and the Tesla (TSLA) Cybertruck. Ford was one the more popular exhibits at the show, where the Mustang Mach-E was getting a lot of attention. Ford Chief Engineer Laurie Transou, only the second female engineer at Ford, and a second-generation Ford employee, discussed the future of the Mustang and other Ford vehicles, and how the company is working to stay at the forefront of EV innovation. Edmunds.com also had a presence at the event. Dave Briggs spoke to the site's Editor-in-Chief Alistair Weaver, who shared some of the best new offerings in the EV market for consumers. They also spoke about the narrowing cost-of-ownership gap between EV and ICE (internal combustion engines). AAA Northeast Senior Manager Public Affairs Robert Sinclair Jr., Greater New York Automobile Dealers Association President Mark Schienberg and J.D. Power VP of EV Practice Elizabeth Krear all weighed in on what’s next in EV, including pricing and supply. J.D. Power shared their remarkable forecast for EV adoption. Although Tesla was absent from the show (as is typical for these kind of events), Yahoo Finance’s Senior Reporter Pras Subramanian explored how the company's new pricing strategy and Tesla's impact on the industry as a whole. Hyundai’s IONIQ 6 not only won 2023’s World Car award, but also, the company made a big announcement at the show, unveiling its all-new Kona. Yahoo Finance’s Seana Smith spoke to Hyundai Motor America CEO Randy Parker about the company's plans for EVs. Key video moments: 00:01:06 why 2023 is being called the 'year of the EV pickup' 00:04:53 Edmunds.com shares its standouts at the 2023 NY auto show 00:09:00 New Ford Mustang Mach-E 00:10:54 The latest news on Tesla 00:13:07 who's overtaking Tesla in EVs 00:18:00 how reliable are EV charging stations? 00:18:55 J.D. Power's latest forecast on EV market share 00:20:00 Yahoo Finance's exclusive ride along in the 2023 World Car of the Year
(Bloomberg) -- Tesla Inc. as well as Chinese automaker BYD and South Korea’s Hyundai Motor Co. are finalizing deals to invest in Indonesia’s electric-vehicle industry, said a senior minister.Most Read from BloombergMore Young Americans Are Dying, But Not From VaccinesNew Zealand Prime Minister Ardern Announces Shock ResignationTreasury Taps Retirement Funds to Avoid Breaching US Debt LimitHolmes Should Be in Prison, Not $13,000-a-Month Estate, US SaysBiden Revives Housing Rule That Trump Derided
Hyundai’s latest EV offering, the IONIQ 6, just made its debut at the LA Auto show, and the Korean automaker released some impressive stats to go along with its stunning design. Based on the Prophecy EV concept, the IONIQ 6 is a slippery, coupe-like sedan featuring a “streamliner” design, as Hyundai calls it. The IONIQ 6 shares much similarity with cars like the Mercedes EQS, but the IONIQ 6’s design is even more extreme.
Hyundai U.S. President and CEO Randy Parker joins Yahoo Finance Live to discuss the car company's electric vehicles and what types of customers its geared towards.
With their early lead in more-affordable EVs, Korean automakers are grabbing market share. But that may not last.
New car registrations rose 1.2% in August ending five successive months of decline in 2022.
(Bloomberg) -- Xiaomi Corp. is in talks with Beijing Automotive Group Co. to collaborate on producing electric vehicles, according to people familiar with the matter, as the technology company races to fulfill a promise to make its own cars by 2024.Most Read from BloombergJapan to Allow Non-Guided Group Tours From SeptemberAdani Becomes World’s Third Richest Trailing Only Musk, BezosThere’s a New Recession Canary in the Coal Mine, Morgan Stanley SaysMikhail Gorbachev, Soviet Leader Who Ended Col
(Bloomberg) -- Bhavish Aggarwal, who founded India’s top ride-hailing startup and then moved into manufacturing electric scooters, is expanding his business empire again. He unveiled plans Monday to enter the electric-car market in competition with local giants like Tata Group and global automakers from Hyundai Motor Co. to Tesla Inc. Most Read from BloombergApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesXi and Putin to Attend G-20 Summit in Indonesia, Jokowi SaysCovid’s Harm
(Bloomberg) -- South Korea’s biggest electric-car battery makers and Hyundai Motor Co. have expressed concern over new US legislation aimed at boosting domestic production of EVs and reducing the use of Chinese materials, moves they say could hurt their competitiveness. Most Read from BloombergApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesLiz Cheney Prepares for Next Act in GOP Where Trump Holds SwayMonkeypox Vaccine Maker Seeks Partners in Race to Meet DemandBill Gates and
While the proposed expansion of EV tax credits sounds like good news for the automakers, several requirements have now been introduced that have the automakers claiming 70% of EVs and PHEVs (plug-in hybrid EV) will not qualify for the credit, and it could get worse from there.
(Bloomberg) -- Palantir Technologies Inc. is significantly accelerating its pace of hiring this year to help meet ambitious sales goals, defying convention when many other technology companies are freezing headcount or cutting jobs.Most Read from BloombergMusk Sells Another $6.9 Billion of Tesla Ahead of Twitter TrialUS Inflation Runs Cooler Than Forecast, Easing Pressure on FedDozens in China Infected With New ‘Langya’ Virus Carried by ShrewsRussia Is Scouring the Globe for Weapons to Use Again
Fisker CEO and Chairman Henrik Fisker joins Yahoo Finance's Pras Subramanian and Akiko Fujita to discuss the electric vehicle maker's latest models, the outlook for production and supply chain issues, auto segments and competition, and how the Inflation Reduction Act could impact the electric vehicle market.
Registrations totalled 112,162 units in July, down from 123,296 in the year earlier.
KPMG Global Automotive Sector Leader Gary Silberg joins Yahoo Finance to discuss the state of the auto industry, General Motors earnings, the impact of the chip shortage, and the outlook for technological innovation in cars.
Yahoo Finance anchors discuss notable news stories around the Hyundai Ioniq 6 EV and a Coors Super Bowl ad.
CoPilot CEO and Founder Pat Ryan sits down with Yahoo Finance Live to break down the demand for electric and hybrid vehicles as gas prices continue to rise, how Tesla owners are re-selling their cars, and new car pricing.
Yahoo Finance autos reporter Pras Subramanian examines Tesla CEO Elon Musk's acknowledgement of Hyundai and Kia's rising sales figures within the EV space.
(Bloomberg) -- Some Uber and Lyft drivers are finding that renting or buying a Tesla, the luxury electric car, is a more profitable option now amid soaring gas prices that have upended the economics of gig work. Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysCrypto Meltdown Claims Rolex and Patek Philippe as VictimsThe Wheels Have Come Off Electric VehiclesHow Europe Became the Epicenter for This Summer’s Travel ChaosStock Doomsayers Vindicated in Historic
(Bloomberg) -- In early 2020, Sony Group Corp. Chief Executive Officer Kenichiro Yoshida took the stage at the Consumer Electronics Show in Las Vegas — the tech industry’s main annual event — and announced a once-in-a-decade pivot: the Japanese electronics maker was joining the electric vehicle race.Most Read from BloombergStock Doomsayers Vindicated in Historic First Half: Markets WrapThe Wheels Have Come Off Electric VehiclesDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinUS Will Face
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...