Is Hyundai’s Parallel Strategy a Potent Value Play?
Andrew Stolz
JANUARY 12, 2022
Hyundai has allocated 2022 CAPEX of US$1.1bn, roughly 15% of its total CAPEX budget, to develop two further fuel cell plants. Mainly from fierce price competition, higher labor costs and the recent chip shortage. If it can maintain a 6-7% EBIT margin it changes the market’s assessment of the company. P&L – Hyundai.
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