Tired of ads? Enjoy an ad-free experience by signing up.
👩‍🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔‍♂️ A friendly human may check it before it goes live. More news here

Hyundai Motor’s market cap hits $68.8b on robotics push

Hyundai Motor’s market capitalization exceeded 100 trillion won (US$67.7 billion) for the first time since its listing in 1974, driven by advances in robotics and autonomous driving.

The company’s shares rose 3.44% early this year to 496,500 won (US$336), reaching a market cap of about 101.7 trillion won (US$68.8 billion).

The surge followed Hyundai’s presentation at CES 2026, where its affiliate Boston Dynamics showcased the humanoid robot Atlas with a clear commercialization roadmap.

The company also appointed Park Min-woo, a former Tesla and Nvidia executive, as head of its autonomous driving division, boosting investor confidence.

Analysts note Hyundai is increasingly viewed as an AI platform company, comparable to Tesla and Chinese EV makers like Xpeng and BYD.

However, some caution that delays in deploying robotics facilities or autonomous vehicle software could impact future share performance.

Hyundai plans to open a robot training center in the US and deploy Atlas in workplaces by 2028.

🔗 Source: Chosunbiz

Stay ahead in Asia’s tech landscape

You've reached your 2 free content limit for the month. Sign up for free to read the full story.

🏄 For casual readers / 👶 Free

Basic

US$0

Free forever

Get instant access to this article and more every month

0 premium content

Unlimited news briefs

5

5 articles

Ad-free reading experience

Just US$0 per day

⌛Sign up in 20s. No payment details needed.

📖 For learners / 👍 Starter

Lite

US$4.92/month

Billed annually at US$59/year

Get instant access to this article and more every month

4

4 premium content

Unlimited news briefs & articles

Ad-free reading experience

Just US$0.17 per day

Cancel anytime

Our subscriber community includes professionals from these companies: