On August 4th, Lee Sang-hyun, a researcher at IBK Investment & Securities, stated, "Through the sale of 1 million electric vehicles in 2025 (for reference, in the early 2025 strategy, Hyundai Motor mentioned 560,000 units, Kia 500,000 units, and 110,000 hydrogen vehicles), Hyundai aims to achieve a global market share of over 10%, declaring itself a global leader in electric vehicles. Additionally, positive intentions to pioneer overseas markets are shown through cooperation with the three domestic battery companies and the establishment of an ecosystem for hydrogen vehicles," and set Hyundai Motor's target price at 160,000 KRW.
Over the past five days, individual investors have net sold 232,942 shares of Hyundai Motor, while foreigners and institutions have net sold 434,275 shares and net bought 681,051 shares, respectively.

※ This article was generated in real-time by an automatic article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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