Dec 10, 2020 / 05:00AM GMT
Won-Hee Lee - Hyundai Motor Company - President, CEO & Internal Director
(presentation)
(foreign language)
Albert Biermann - Hyundai Motor Company - President and Head of Research & Development Division
Hello, everyone. This is Albert Biermann, President and Head of Hyundai Motor's R&D Center. Electrification is the biggest buzz in the auto industry today. This year, due to COVID-19, the global automobile demand has weakened significantly, declining by about 20%. However, electric vehicle sales are telling a different story with a 7% year-over-year increase. Especially in Europe, sales of electric vehicles have sharply risen by 64% compared to 2019 due to tighter CO2 emission regulations while the overall demand fell by more than 30%.
With the European market leading the way, the growth of electric vehicles is expected to accelerate further in years to come. By 2030, we expect the electric vehicle market to take up around 30% of the entire automobile market.
Now let us see Hyundai Motor Company is doing
Hyundai Motor Co CEO Investor Day (English, Korean) Transcript
Feb 13, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers