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Hyundai India starts $3.3 billion IPO in country's largest ever share sale

Hyundai India starts $3.3 billion IPO in country's largest ever share sale

The IPO shows that India's red hot capital markets show no sign of cooling.

Reuters | 1 year ago
Hyundai Motor Aims to Raise Up to $3.3 Billion in Record India IPO

Hyundai Motor Aims to Raise Up to $3.3 Billion in Record India IPO

South Korea's Hyundai Motor is seeking to raise as much as $3.3 billion in what would be India's largest-ever stock listing by selling shares of its local unit. Manuel Baigorri reports on Bloomberg Television.

Youtube | 1 year ago
IPO-bound Hyundai Motor India's operations

IPO-bound Hyundai Motor India's operations

Hyundai Motor India will launch its IPO next week, marking parent Hyundai's first listing outside South Korea and India's first carmaker IPO since 2003.

Reuters | 1 year ago
Hyundai prices $3 bln India IPO at 1,865-1,960 rupees per share

Hyundai prices $3 bln India IPO at 1,865-1,960 rupees per share

Hyundai Motor India has set a price range of 1,865 rupees ($22) to 1,960 rupees ($23) for its initial public offering (IPO) that opens next week for subscriptions, a advertisement in the Financial Express newspaper showed on Wednesday.

Reuters | 1 year ago
Hyundai India IPO to open next week at 1,865-1,960 rupees, sources say

Hyundai India IPO to open next week at 1,865-1,960 rupees, sources say

Hyundai Motor India's IPO will open next week for subscriptions and will likely be priced in the range of 1,865 to 1,960 rupees ($22 to $23) per share, sources said on Tuesday, valuing the automaker at up to $19 billion in the country's biggest stock offering this year.

Reuters | 1 year ago
Hyundai Motor to sell 142 mln shares it holds in Hyundai Motor India for IPO

Hyundai Motor to sell 142 mln shares it holds in Hyundai Motor India for IPO

Hyundai Motor said in a regulatory filing on Tuesday that it will sell 142 million shares it holds in Hyundai Motor India for the latter's initial public offering.

Reuters | 1 year ago
Massive Autonomous Driving News: Waymo and Hyundai Join Forces

Massive Autonomous Driving News: Waymo and Hyundai Join Forces

Waymo is creating a plan to scale the business rapidly.

Fool | 1 year ago
Waymo to add Hyundai EVs to robotaxi fleet under new multiyear deal

Waymo to add Hyundai EVs to robotaxi fleet under new multiyear deal

Hyundai Motor and Waymo have agreed to a multiyear, strategic partnership that includes the self-driving company adding the South Korean automaker's Ioniq 5 electric vehicle to its robotaxi fleet. Initial on-road testing with Waymo-enabled Ioniq 5s will begin by late 2025, and they are expected to become available to Waymo One robotaxi riders in the years to follow, the companies said.

Cnbc | 1 year ago
Waymo Bulking Up Robotaxi Fleet With Electric Hyundai Hatchbacks

Waymo Bulking Up Robotaxi Fleet With Electric Hyundai Hatchbacks

Waymo, the biggest and only commercial robotaxi service in the U.S., has signed a “multiyear” agreement with Hyundai Motor to add electric Ioniq 5 hatchbacks to its Waymo One fleet starting next year as it expands operations and works to cut costs.

Forbes | 1 year ago
Waymo in talks with Hyundai Motor to produce self-driving taxis, media report says

Waymo in talks with Hyundai Motor to produce self-driving taxis, media report says

Alphabet's Waymo is in talks with South Korea's Hyundai Motor to outsource manufacturing of its self-driving vehicles, South Korean newspaper, Electronic Times, reported.

Reuters | 1 year ago
GM, Hyundai To Work Together To Cut Costs, Develop New Vehicles

GM, Hyundai To Work Together To Cut Costs, Develop New Vehicles

Two of the world's biggest carmakers are teaming up to find ways to cut expenses, get products to customers faster, and develop new vehicles.

Investopedia | 1 year ago
GM and Hyundai to explore cooperating on vehicles, supply chain and clean-energy technology

GM and Hyundai to explore cooperating on vehicles, supply chain and clean-energy technology

General Motors Co. and Hyundai Motor Co. said Thursday they have signed a memorandum of understanding to explore collaboration on vehicles, supply chain and clean-energy technologies in a move aimed at cutting costs and bringing new technology to market faster.

Marketwatch | 1 year ago
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