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Hyundai to use $3 billion record India IPO proceeds for new cars, R&D

By Dhwani Pandya MUMBAI (Reuters) -Hyundai Motor plans to use proceeds from a record $3.3 billion IPO of its Indian unit to enhance its research efforts and develop new cars, aspiring to transform the South Asian country into a manufacturing hub for emerging markets.

Bloomberg L.P. · 1d

Hyundai Aims to Raise $3.3 Billion in Record India IPO Next Week

Hyundai Motor Co. is seeking to raise as much as $3.3 billion through an initial public offering of its Indian unit, people familiar with the matter said, kicking off the country’s biggest-ever listing.

The Indian Express · 10m

IPO-bound Hyundai India to invest Rs 32,000 crore in 10 years

Price band for Rs 27,870 crore IPO fixed at Rs 1,865 to Rs 1,960 per share; Korean parent to get entire proceeds

Georgia, Hyundai and SUVs

The Associated Press on MSN · 1d

Hyundai has begun producing electric SUVs at its $7.6 billion plant in Georgia

Hyundai has begun producing electric SUVs in Georgia less than two years after breaking ground on its sprawling manufacturing plant west of Savannah.

Automotive News · 1d

Production starts at Hyundai's massive EV factory in Georgia

Hyundai Motor Group started production of the freshened 2025 Hyundai Ioniq 5 crossover at its new electric vehicle factory in Georgia. Assembly of the compact electric crossover begins less than two years after the Korean automaker broke ground at the 3,000-acre Metaplant site in Bryan County, outside of Savannah.

MarketWatch on MSN · 1d

Hyundai begins producing electric SUVs at its $7.6 billion plant in Georgia

Hyundai has begun producing electric SUVs in Georgia less than two years after breaking ground on its sprawling, $7.6 billion manufacturing plant west of Savannah.

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Hyundai Motor Group Metaplant America to host Career Fair at Ogeechee Tech

STATESBORO, Ga. (WSAV) – Hyundai Motor Group Metaplant America (HMGMA) is hosting a Career Fair focused on filling roles in ...

Hyundai Motor India to Introduce Full Electric Vehicle Models in Mass and Premium Segments

Hyundai Motor India plans to introduce full electric vehicle models in mass and premium segments, including the Creta EV, by ...

Hyundai MD Unsoo Kim Discusses Upcoming IPO Strategy And Future Plans For India

Hyundai Motor India’s Managing Director, Unsoo Kim, addressed key questions regarding the company’s upcoming IPO. He ...

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Hyundai Motor says SUV sales in rural India equally strong, right time to Indianise the company

The company has plans to invest about Rs 32,000 crore in India over the next decade, and will be investing to make its Pune ...

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Hyundai India IPO risk factors: EV strategy, change in ties with global parent, royalty fee, taxation and more

As Hyundai Motor India IPO opens on October 15, subscribing to its IPO doesn’t come without risks. From EV strategy to SUV ...

Hyundai's SUV Share Soars To 68%, Expanding Diverse Offerings In Indian Market

Hyundai Motor India’s Chief of Operations, Tarun Garg, discussed the evolving market dynamics and Hyundai's strategic positioning within the Indian automotive landscape. He noted a significant ...

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Hyundai Motor Group and Singapore ink collaboration for sustainable energy solutions

Singapore is expected to see a growing role for hydrogen energy and advanced energy system in its efforts to achieve carbon ...

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Rendering: Widebody V8-Powered N Vision 74 Is the Hyundai You Probably Want

The pixel artist gave the stunning Hyundai N Vision 74 a widebody kit, a burgundy paint finish, new wheels, and a V8 engine ...

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