Hyundai has recently showcased the efforts that they have taken to ensure localization of EV components manufacturing in India. The Hyundai India has showcased how it plans to achieve a indigenization of EV battery as well as various other 1200 components that are necessary in a EV vehicle. Hyundai plans to manufacture all of these components at their state of the art facility in Chennai.
Local Assembly Of EV Battery Packs
Hyundai seems to have left no stones unturned in ensuring that their EV vehicles components are manufactured in India. The company plans to manufacture components such as Alternators, Alloy Wheels, Disc Brakes, Catalytic Converters and various sensors necessary in the production of their vehicles locally.
Over All Impact
As per Hyundai the localization would help them create more than 1400 jobs for the youth in India. Hence the Multinational would become a integral part of the companies pursuit towards achieving their goals. Further the aim has been to create a ecosystem of locally produced components that can then be exported to overseas market as well.
What Could Be The Overall Impact
While disclosing the plans Hyundai has also pointed out towards how the localization would help the Indian market be EV Ready. Beyond that such production would also be able to help manufacturers deliver EV vehicles at lower prices. Mass oriented vehicles would allow the users to easily opt for EV vehicles without thinking twice or having any kind of prohibition.
Hyundai Creta Electric
The Creta Electric is Hyundai’s most recent approach at providing the Indian market with a mass market car has helped them grasp a new ground with their products. Hyundai has further plans to bring new EV vehicles that would be focused towards car needs of the masses.
The prices for the Creta Electric start from Rs17.99 lakh Rs upto Rs23.50 lakh ex showroom.
Hyundai Creta Electric Variants?
Hyundai has brought the Creta Electric in five trim levels namely – Executive, Smart, Smart(o), Premium and Excellence. It would be beneficial for the interested customer to know that the car would be offered with two battery packs. A 42 KWH battery pack as well as a 51.4 KWH battery pack. The middle of the order (smart) trim would be available with both the battery packs, making it convenient for the buyers choosing the vehicle.
The Issue With All EV’s In The Indian Market
While consumers have been shifting to EV’s in the Indian market, the overall change would take considerable time. Charging time of a vehicle has been one of the biggest issues that EV owners have been challenged with. While manufacturers have been trying to find a resolute solution for the same- But Long charging durations have remained be a bane of existence for the Ev’s in the Indian market.
In the case of Hyundai Creta Electric – Hyundai has reported that the vehicle could charge to about 80% in 58 minutes but only with a DC fast charger. Which cannot be installed at homes and further you would have to visit a charging station to charge the vehicle with a DC fast charger which can be expensive in the long run.
Hyundai has also released specs of a 11kw AC charger that can be installed at home. But as of yet most Indian houses have a electrical house supply of a 7KW at max( can be increased at your will, with higher unit charges). So a 11kW Ac charger could only be installed if you increase your household electricity connection to get the charger installed, but then the per unit charge of electricity might increase as well making the per-charge price more expensive. Hence compatibility issues and extensive charging times still persist to challenge the EV buyer in India.
