Hyundai Motor leaves peers in the dust as AI bets fuel stock price surge
Markets
Honda and BYD shares lag South Korean company’s as EVs, prices struggle
South Korea’s Hyundai Motor is not the world’s largest automaker, but its stock price gains are outpacing those of its competitors. (Source photos by Reuters, Masaki Ishihara, Yuki Nakao and Getty Images)
TOKYO — Shares in Hyundai Motor have soared this year despite the Iran war injecting a bout of uncertainty into the outlook for global automakers, as more investors bank on the South Korean company’s artificial intelligence capabilities.
