Hyundai Motor Company (KRX:005380) moved to full control of Boston Dynamics and promises Atlas production in Georgia from 2028 while rolling out a multibillion-won physical AI push including a ~9 trillion-won Saemangeum hub, even as Q2 profit slipped and hybrids lifted U.S. share.
Previous Week Recap
- Hyundai Mot... Gains Full Control: Hyundai Motor (005380) bought SoftBank's remaining Boston Dynamics stake, gaining full control. Atlas humanoid robots slated for Hyundai Georgia plant from 2028. CEO Investor Day set for Aug 26.
- Multibillion-Won AI Investment: Hyundai Motor (005380) plans a multibillion-won investment in physical AI, including a ~9 trillion-won Saemangeum AI hub; over 60% will fund an AI data center for autonomous-vehicle tech.
- Q2 Operating Profit Decline: Hyundai Motor (005380) Q2 operating profit 2.9 trillion won, down 21% YoY and below forecasts; drivers: weaker vehicle sales, production disruptions and higher costs; partial offset from weaker won.
- U.S. Hybrid Market Leadership: Hyundai Motor (005380) helped Hyundai Motor Group top U.S. hybrid sales in H1 2026. U.S. hybrid share hit 15.4% as hybrid sales rose ~20% YoY; Toyota, Hyundai, Honda held 86%.
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