As of 1:30 PM on the 31st, Hyundai Motor Company is trading at 177,500 KRW, up 3.2% from the previous day. The trading volume is 3,832,804 shares, which is 69.36% of the previous day's volume. Hyundai Motor Company is known as the number one automaker in South Korea.


On August 26, researcher Lee Jae-il from Eugene Investment & Securities stated, "In 2021, the launch of new electric vehicles based on the E-GMP platform will be fully initiated. The introduction of E-GMP can be seen as a transformative foundation that allows Hyundai Motor Group to apply the new electric vehicle technologies it has been preparing so far. Hyundai plans to release four new electric vehicle models, including one Ioniq EV and three Genesis EVs. The company has signed an MOU with Cummins, a major U.S. commercial vehicle specialist, to enter the hydrogen commercial vehicle market. In 2023, Hyundai is expected to launch an improved second-generation Nexo, marking a turning point for the popularization of hydrogen passenger cars," and set Hyundai's target price at 200,000 KRW.


Over the past five days, individual investors have net sold 362,443 shares of Hyundai, while foreign investors and institutions have net sold 109,777 shares and net bought 355,823 shares, respectively.



※Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.


This content was produced with the assistance of AI translation services.

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