Seoul-based Hyundai Motor Group unveiled its ambitious roadmap setting the stage for the production of its maiden ‘Made in India’ electric vehicle (EV) at its Sriperumbudur facility by 2025. With India emerging as a focal point for the electric mobility revolution, the conglomerate aims to tap into this burgeoning market potential by introducing five additional electric models by the end of the decade.
This strategic initiative underscores Hyundai Motor Group’s keenness to capitalize on the shifting dynamics of India’s automotive landscape, which is witnessing a rapid transition towards sustainable mobility solutions. By localizing production and leveraging its extensive global expertise in EV technology, the conglomerate aims to cater to the evolving needs of Indian consumers and contribute to the nation’s vision of achieving cleaner, greener transportation systems.
Moreover, Hyundai Motor India and Kia India, the group’s subsidiaries, are gearing up to make significant strides in the EV domain, aligning their strategies with the government’s ambitious plans to accelerate electric vehicle adoption across the country. By bolstering its manufacturing capabilities and investing in cutting-edge technologies, Hyundai Motor Group aims to play a pivotal role in driving India’s electric mobility revolution while simultaneously bolstering the nation’s industrial ecosystem and creating employment opportunities.
As the automotive industry braces itself for a paradigm shift towards electrification, Hyundai Motor Group’s commitment to fostering innovation, sustainability, and economic growth underscores its resolve to be at the forefront of India’s electric vehicle journey, driving positive change and shaping a more sustainable future for generations to come.
Click Here to get the latest EV news and exclusive updates from EV Mechanica on WhatsApp!