(Jan 21): Hyundai Motor Co overtook General Motors Co as the world’s fourth-most valuable automaker as the South Korean firm’s robotics push fuelled a blistering stock rally. The Atlas robot is built by Hyundai’s Boston Dynamics unit and is set to start work in the carmaker’s plants in 2028. Hyundai Motor is the only company that can rival Tesla Inc in the physical AI market, according to KB Securities analyst Kang Seongjin, who more than doubled his price target to 800,000 won. Hyundai Motor closed at 549,000 won (RM1,511.99). Affiliates including logistics arm Hyundai Glovis Co, parts supplier Hyundai Mobis Co and tech firm Hyundai Autoever Corp have risen alongside the automaker to all hit records this month.

Source: The Edge Markets January 21, 2026 11:18 UTC