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    A005380   KR7005380001

HYUNDAI MOTOR COMPANY

(A005380)
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End-of-day quote Korea Stock Exchange  -  05-15
184000.00 KRW   -1.34%
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Hyundai Motor partners with quantum computer firm IonQ for battery development

01/19/2022 | 08:04am EDT
A Hyundai booth displays the company logo at the North American International Auto Show in Detroit

(Reuters) - Quantum computer maker IonQ Inc said on Wednesday that it is partnering with Hyundai Motor Co to use quantum computers to develop more effective batteries.

The partnership will create a battery chemistry model to simulate the structure and energy of lithium oxide, to help improve the performance, costs, and safety of lithium batteries, IonQ said.

Better battery technology is key to advancing the use of electric cars.

Researchers believe quantum computers could operate millions of times faster than today's advanced supercomputers, potentially making tasks such as mapping complex molecular structures and chemical reactions much faster.

For that to happen, the quantum computers still need to scale up further, say experts. Still companies, from banks to pharmaceutical firms, are testing out different ways to start using the quantum computers to be ready for the day when they become more reliable.

(Reporting by Jane Lanhee Lee, Oakland, Calif; Editing by Sandra Maler)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
BELIEVE -1.80% 9.525 Real-time Quote.-42.60%
HYUNDAI CORPORATION 1.33% 19100 End-of-day quote.13.69%
HYUNDAI CORPORATION HOLDINGS CO., LTD. 1.56% 13000 End-of-day quote.9.24%
HYUNDAI MOTOR COMPANY -1.34% 184000 End-of-day quote.-11.96%
ON SEMICONDUCTOR CORPORATION -1.25% 55.37 Delayed Quote.-17.29%
OXIDE CORPORATION 0.18% 5640 Delayed Quote.-23.19%
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Analyst Recommendations on HYUNDAI MOTOR COMPANY
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Financials
Sales 2022 129 608 B 101 B 101 B
Net income 2022 6 562 B 5,12 B 5,12 B
Net Debt 2022 81 081 B 63,2 B 63,2 B
P/E ratio 2022 7,05x
Yield 2022 2,74%
Capitalization 38 586 B 30 084 M 30 084 M
EV / Sales 2022 0,92x
EV / Sales 2023 0,87x
Nbr of Employees 70 388
Free-Float 70,5%
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Technical analysis trends HYUNDAI MOTOR COMPANY
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 26
Last Close Price 184 000,00 KRW
Average target price 261 153,85 KRW
Spread / Average Target 41,9%
EPS Revisions
Managers and Directors
Eui-Sun Chung Vice Chairman & Co-Chief Executive Officer
Chang Jae-hoon Executive Vice President
Albert Biermann Co-President & Director
Eon-Tae Ha Co-President & Director
Moon-Sik Kwon Vice Chairman-Executive Board, Head-R&D
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