ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

HYMLY Hyundai Motor (PK)

52.00
0.00 (0.00%)
04 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Hyundai Motor (PK) USOTC:HYMLY OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 52.00 0.0001 74.23 0.00 21:00:03

Blackrock Invests in Car Makers' Charging-Network Operator Ionity

24/11/2021 9:16am

Dow Jones News


Hyundai Motor (PK) (USOTC:HYMLY)
Historical Stock Chart


From Dec 2019 to Dec 2024

Click Here for more Hyundai Motor (PK) Charts.
   By Kim Richters 
 

Porsche AG said Wednesday that asset manager BlackRock Inc. is investing in charging-network provider Ionity, a joint venture that includes a number of auto makers such as the Volkswagen AG sports-car brand.

Porsche said it would invest 700 million euros ($787.4 million) by 2025 together will other Ionity shareholders but didn't disclose individual shares or the size of BlackRock's stake in the network. Ionity plans to increase the number of 350kW charging points for electric vehicles in Europe to 7,000 by 2025 from the current 1,500.

Apart from Porsche and BlackRock, whose investment is subject to authorities' approval, car makers BMW AG, Daimler AG's Mercedes-Benz AG, Ford Motor Co., Hyundai Motor Co.'s KIA and Volkswagen's Audi are part of the joint venture.

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

November 24, 2021 04:01 ET (09:01 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

1 Year Hyundai Motor (PK) Chart

1 Year Hyundai Motor (PK) Chart

1 Month Hyundai Motor (PK) Chart

1 Month Hyundai Motor (PK) Chart

Your Recent History

Delayed Upgrade Clock