HyAxiom Motors, established by Doosan Fuel Cell's US subsidiary HyAxiom in 2022, is set to become the second automaker to produce hydrogen-powered buses in South Korea after Hyundai Motor Group.

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HD Hyundai Robotics, the robotics subsidiary of HD Hyundai Group, is engaging with financial investors (FIs) for pre-IPO funding, expecting a valuation of 7-8 trillion won ($4.9-5.5 billion).