Page 5 - Hyundai Motors

Will be exploring opportunities for exporting EV: Hyundai Motor India's COO

IPO-bound Hyundai Motor India Ltd will explore opportunities for exporting its upcoming electric vehicles from the country to other similar markets to enhance its position as a production hub for emerging markets, according to a senior company official. The company is lining up four electric vehicles to be launched in future, including the electric version of its popular SUV Creta by Q4 FY25, in the mass and 'mass premium' segments. "We are a very strong production hub for emerging markets. We are exporting to 80 plus countries. As far as EVs are concerned, it will, of course, depend on the demand but we are always open to look at any product, which we introduce in India, for exporting it to the other market as well," Hyundai Motor India Ltd (HMIL) COO Tarun Garg told PTI. He was responding to a query on whether the company will export its EVs planned to be launched in India in the future. "In terms of EV (exports) it will depend on the infrastructure. It will depend on the deman

Why Samir Arora thinks investing in Auto industry is a 'Ridiculous Trade'?

Ahead of the opening of the much-awaited Hyundai Motor India IPO, Samir Arora of Helios Capital has shared his outlook on the auto industry. Here's what the market expert thinks

Hyundai Motor India's mega IPO: Will this be a Diwali bonanza for Seoul?

Despite contributing only 6.5 per cent of global revenues and 8 per cent of profitability, Hyundai's India unit will be valued at 42 per cent of the parent company's market capitalisation upon listing

Hyundai Motor India IPO: Key details out; Check timeline, price, GMP & more

Hyundai Motor India IPO: Size, price band, lot size, key dates, GMP, objectives, and more - Everything you need to know about India's largest initial public offering

Diwali delight: Hyundai Motor India IPO to spark investor interest; details

The Hyundai Motor India IPO will mark the first time in two decades that a carmaker has gone public in India, following Maruti Suzuki's listing in 2003

Hyundai Motor India likely to launch Rs 25,000 crore IPO on Oct 14

Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, is expected to launch its much-awaited Rs 25,000-crore initial share-sale for public subscription on October 14, people familiar with the development said on Thursday. This would be the largest initial public offering (IPO) in India after LIC's initial share sale of Rs 21,000 crore. According to the Draft Red Herring Prospectus (DRHP) filed in June, Hyundai Motor India's proposed IPO is entirely an Offer-for-Sale (OFS) of 142,194,700 equity shares by promoter Hyundai Motor Company, with no fresh issue component. Sources had previously stated that the South Korean automaker is looking to raise at least USD 3 billion (about Rs 25,000 crore) through an initial share sale. This development marks a significant milestone for the Indian industry, as it is the first automaker's initial share sale in over two decades, following Japanese automaker Maruti Suzuki's listing in 2003. The South Korean parent is diluting s

Hyundai Motor India IPO gets approval from market regulator Sebi: Report

India is the third-biggest revenue generator globally for Hyundai after the U.S. and South Korea

Hyundai plots SUV rollout in India as local competition mounts ahead of IPO

The SUV rollout will begin with its first India-made electric vehicle early next year

Hyundai Motor eyes 30% rise in sales by 2030 as it doubles hybrid lineup

The world's No. 3 automaker by sales, along with affiliate Kia Corp, announced its mid- to long-term goals and strategy at its CEO Investor Day

South Korea to require EV makers to disclose battery brands after fire

Automakers in South Korea currently need to disclose certain information about vehicles, including size and fuel efficiency

Ola Electric's $734 million IPO to fetch nearly $100 mn to Hyundai Motor

Hyundai Motor Company's 108.8 million equity shares or 2.95% stake is valued at $99 million at the highest price band of Rs 76 per share

Hyundai Motor rules out any special worker share allocation despite stir

Hundreds of workers at the company's main Indian plant at Sriperumbudur near Chennai demonstrated this week to demand a share allocation in the upcoming record $3 billion listing

Hyundai Motor, LG Energy Solution launch Indonesia's 1st EV battery plant

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

Will the Indian stock market tank post the Hyundai IPO? What history suggests

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

Hyundai's IPO poised to boost already-buzzing Indian automakers' valuations

Local auto stocks have already added $70 billion in market value so far this year, rising nearly 40 per cent - over four times the advance in the country's equity benchmark

More MNCs eye IPO route after passenger car major Hyundai Motor move

Investment bankers say early stage talks on with about half a dozen foreign firms

Hyundai Motor IPO: Here are the top 10 biggest IPOs in Indian history

If successful, this IPO will mark Hyundai Motor Co.'s first listing outside of South Korea

Plans for Hyundai Motor India IPO boosts share price in South Korea

Hyundai has been locked in competition with rivals including Maruti Suzuki India Ltd. and Mahindra & Mahindra Ltd

Hyundai Motors IPO: Top risks to know before applying; SUVs, EVs, and more

According to the company's DRHP, it sources parts such as trims, engines and transmissions, and materials such as steel from a combination of domestic and foreign suppliers

Hyundai Motor, Suppliers Shares Rise in Seoul as India Unit Files for IPO

Hyundai has been locked in competition with rivals including Maruti Suzuki India Ltd. and Mahindra & Mahindra Ltd