Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Korea Stock Exchange  >  Hyundai Motor Company    A005380   KR7005380001

HYUNDAI MOTOR COMPANY

(A005380)
  Report
End-of-day quote. End-of-day quote Korea Stock Exchange - 11/26
179000 KRW   -0.28%
10:26aHYUNDAI HCN : and NHTSA Conclude Engine Inquiry
AQ
11/27Hyundai, Kia agree to $210 million U.S. auto safety civil penalty
RE
11/27Hyundai, Kia Agree to U.S. Consent Orders Over Recalls
DJ
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Hyundai Motor : delivers first fuel cell trucks to Switzerland

10/07/2020 | 05:30am EST

LUCERNE, Switzerland, Oct 7 (Reuters) - South Korean carmaker Hyundai on Wednesday presented the first seven hydrogen-powered trucks to customers in Switzerland, out of 50 such vehicles scheduled this year to bring zero-emission commercial vehicles to European roads.

For long haul, proponents say hydrogen-powered trucks have an advantage over electric rivals as they have a greater range and require less charging times but their uptake and mass production has been slow because they are expensive.

However, a McKinsey study in January said that once relative efficiencies of the power sources and lifetime costs of a truck are factored in, green hydrogen could reach cost parity with diesel by 2030.

Hyundai has been partnering with Swiss companies to build a value chain covering the production of green hydrogen from hydropower, hydrogen charging stations and the service and maintenance of the trucks.

The customers, which include supermarket chain Migros , will be leasing the trucks from Hyundai Hydrogen Mobility (HHM) to transport goods around the country, backed by the new hydrogen infrastructure.

Leases are on a pay-per-use basis that does not require an initial investment. Hyundai plans to put 1,600 trucks on Swiss roads by 2025.

Its H2 Xcient trucks have a 190 kilowatt fuel cell stack and seven high-pressure tanks holding 32 kgs of hydrogen, giving them a range far further than comparable vehicles powered by electric batteries on the market now.

HHM was set up by Hyundai and Swiss startup H2 energy last year to partner with Hydrospider, a joint venture of H2 Energy, industrial gas maker Linde and Swiss power utility Alpiq .

Hyundai plans for production capacity of 2,000 units of Xcient fuel cells per year by 2021 to support its expansion plans as demand for clean transport grows.

It views Switzerland as a test case for hydrogen fuel cells in heavy goods transport, said In Cheol Lee, executive vice president and head of the commercial vehicle division at Hyundai Motor Company.

"With successful delivery of the first H2 Xcient fuel cell trucks, we proudly announce our plan to expand beyond Europe to North America and China, where we are already making great progress," he said.

As for Europe, Hyundai has said it will next target Austria, Germany, the Netherlands and Norway. (Reporting by Vera Eckert, editing by Emelia Sithole-Matarise)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
AIR LIQUIDE -0.33% 137.65 Real-time Quote.9.07%
HYUNDAI MOTOR COMPANY -0.28% 179000 End-of-day quote.48.55%
All news about HYUNDAI MOTOR COMPANY
10:26aHYUNDAI HCN : and NHTSA Conclude Engine Inquiry
AQ
11/27Hyundai, Kia agree to $210 million U.S. auto safety civil penalty
RE
11/27Hyundai, Kia Agree to U.S. Consent Orders Over Recalls
DJ
11/26LG to spin off affiliates as break-up looms at South Korean conglomerate
RE
11/26LG to spin off affiliates as break-up looms at S.Korean conglomerate
RE
11/24HYUNDAI MOTOR COMPANY : and INEOS to Cooperate on Driving Hydrogen Economy Forwa..
AQ
11/23GM hits reverse on Trump effort to bar California emissions rules
RE
11/23HYUNDAI MOTOR : INEOS and Hyundai Motor Company cooperate on driving the Hydroge..
AQ
11/20HYUNDAI MOTOR : Hosts 2020 Open Innovation Lounge Featuring Inventive Startup Te..
AQ
11/20These 11 EV Startups Are Chasing Tesla. They -2-
DJ
More news
Financials
Sales 2020 104 088 B 94,0 B 94,0 B
Net income 2020 1 874 B 1,69 B 1,69 B
Net Debt 2020 57 035 B 51,5 B 51,5 B
P/E ratio 2020 24,5x
Yield 2020 2,07%
Capitalization 38 267 B 34 539 M 34 555 M
EV / Sales 2020 368x
EV / Sales 2021 331x
Nbr of Employees -
Free-Float 71,0%
Chart HYUNDAI MOTOR COMPANY
Duration : Period :
Hyundai Motor Company Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends HYUNDAI MOTOR COMPANY
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 26
Average target price 225 615,38 KRW
Last Close Price 181 500,00 KRW
Spread / Highest target 43,3%
Spread / Average Target 24,3%
Spread / Lowest Target -22,9%
EPS Revisions
Managers
NameTitle
Mong-Koo Chung Co-Chief Executive Officer & Honorary Chairman
Won-Hui Lee Co-President, Co-CEO & Director
Eui-Sun Chung Chairman
José Munoz Global Chief Operating Officer
Byeong-Cheol Choi Chief Financial Officer
Sector and Competitors
1st jan.Capitalization (M$)
HYUNDAI MOTOR COMPANY48.55%34 567
TOYOTA MOTOR CORPORATION-5.35%194 931
VOLKSWAGEN AG-17.20%92 742
DAIMLER AG14.62%72 384
GENERAL MOTORS COMPANY23.11%64 495
BMW AG-0.07%56 380