$HMC

Hyundai Motor Group and LG Energy Solution are testing a used battery energy storage system (UBESS) with 200 kWh capacity at a fast-charging site in South Korea. The trial uses batteries from E-GMP vehicles like the Hyundai Ioniq 5 and Kia EV6 to assess their feasibility for peak shaving and grid support. The project aims to evaluate the technical and economic viability of reusing retired EV batteries in stationary storage systems.

Ford and GM sales are expected to decline by 8.8% and 6.2% respectively through Q3 2026, reducing their market shares to 12.5% and 16.7%. Stellantis is projected to gain market share. Combined, the three U.S. automakers' market share is expected to hit an all-time low of 36%. Hyundai, Kia, Toyota, and Honda are seeing sales increases, with Hyundai and Kia potentially outselling Ford in the first three quarters of 2026.

Honda is considering building a hybrid vehicle plant in Ohio, with an estimated cost of 400 billion yen, according to Kyodo News. The move could impact Honda's production and supply chain strategies. Chinese automakers are also advancing in EV technology, achieving 5-minute ultrafast charging, reports AP News.

Honda plans a $1.8B-$2.5B plant in Ohio by 2030 to produce 250,000 hybrid SUVs annually, aiming to compete with Toyota's 15 hybrid models. The move follows Honda's EV strategy reversal and $15.7B restructuring costs, targeting 15 new hybrid models in North America by 2030.

Hyundai, LGES, and partners launched a pilot in South Korea to test repurposed EV batteries for energy storage. The 200 kWh system, installed at Wonik PNE's plant, stores energy during off-peak hours and charges EVs during peak demand. The companies aim to develop a business model for safe and efficient use of repurposed batteries, evaluating performance, safety, and operational efficiency. According to Hyundai, the project is the first in South Korea to use decommissioned E-GMP battery packs.

Honda is reportedly in final talks to build a $2.5B vehicle assembly plant in Ohio, focusing on electrified vehicles, with production potentially starting in 2030. The company declined to confirm the project, citing Nikkei's sources.

Honda is reportedly finalizing plans for a new US vehicle assembly plant in Ohio, costing $2.5 billion, to produce electrified vehicles starting in 2030. The plant aims to increase North American production capacity by 10%, with negotiations over subsidies ongoing. Honda previously warned of significant losses due to its electrification strategy reset and faces competition and tariff uncertainties.

Hyundai Motor Group and POSCO are building a $5.8 billion steel plant in Louisiana, with $1.3 billion in tax-free financing approved. The project, set to create 1,300 jobs, faces scrutiny over its deal-making, benefits, and environmental impact. Hyundai has engaged with the local community and plans to establish a training center. The project still needs an air permit from the state.

Honda plans to invest $1.9B-$2.53B in a new Ohio factory for hybrid vehicles, aiming to boost North American production by 10% by 2030. The company's P/S ratio is 0.38, below historical median, and GF Score is 77/100. 6 gurus hold HMC, with mixed activity.

Honda Motor Co Ltd (HMC) plans to invest $1.90B-$2.53B to build a hybrid vehicle plant in Ohio, starting production in 2030. The company's P/S ratio is 0.29, below its historical median, and it is currently unprofitable. HMC's GF Score™ is 77/100, with strengths in valuation and growth but weaknesses in momentum. Institutional activity is mixed, with 6 gurus trimming and 2 adding shares.