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Hyundai officially files for ~$3 billion IPO in India

Teslarati

On June 16, 2024, Hyundai Motor Company confirmed that it officially filed for an initial pubic offering (IPO) in India estimated to raise nearly $3 billion. The South Korean automaker has already submitted the “Draft Red Herring Prospectus (DRHP) to India securities market. Hyundai plans to invest more in India.

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Hyundai India launches new campaign amid pending IPO

Teslarati

Hyundai India launched its new “I Choose Hyundai” campaign amid its pending initial public offering (IPO). The South Korean automaker’s campaign in India is driving the narrative #IndiaDrivesHyundai. Hyundai recently released a commercial to kick off the campaign. It is expected to be the largest IPO in India.

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Hyundai reportedly filing for IPO in India

Teslarati

Hyundai Motor Company’s subsidiary in India is reportedly filing for an initial public offering (IPO) in the country next month. According to local media reports, Hyundai Motor India Ltd. The Hyundai subsidiary plans to submit the DRHP either by the end of June or July. of India raised $2.7

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Hyundai & Kia to locally produce batteries in India

Teslarati

Hyundai Motor Company and the Kia Corporation plan to produce electric vehicle (EV) batteries in India. to collaborate strategically in India’s EV market. Hyundai Motor is Kia’s parent company. Elon Musk also thinks India is a key market for electric vehicles.

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Hyundai Motor Group’s connected car services reach 10M global service subscribers

Green Car Congress

Hyundai Motor Group surpassed 10 million global connected car service subscribers this month. Hyundai Motor, Kia and Genesis currently operate Bluelink, Kia Connect and Genesis Connected services. The milestone comes one year and 10 months after reaching 5 million subscribers in August 2021.

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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 The company is currently producing EVs in this way at its plants in the US, South Korea, the Czech Republic, and India. trillion (US$27.8

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Hyundai Motor India launches Hyundai Soirée for IONIQ 5 customers | Autocar Professional

Baua Electric

Hyundai Motor India Limited (HMIL) has announced the launch of Hyundai Soirée, an exclusive customer engagement initiative tailored especially for customers of the all-electric Hyundai IONIQ 5. Through Hyundai Soirée, we endeavour to connect deeply with our customers, enriching their ownership journey.

Hyundai 52