India would be of integral importance for Hyundai Motor Company to approach the aim of selling 20 lakh electric vehicles globally by 2030. This would be an iota of the over all new approach that the brand would be adhering to as per the CEO Jose Munoz. In a new meeting he iterated how Hyundai would be planning to improve their electric vehicle portfolio in India.
Hyundai motor has shared targets to sell 2 million EV’s by 2030 globally, India would be of importance for the brand to achieve this goal. He further noted that HMIL is dedicated to make the EV’s more accessible and suited to Indian consumers Needs, These aims and plans to achieve them would align with that of Countries push for a green and eco friendly Mobility solutions.
Hyundai’s Electric Vehicle Growth Plans
HMC will continue to support HMIL, to expand its EV Offering and invest in the infrastructure necessary for the shift to EV’s in the long run.
Hyundai Motor India is the Third largest market in Hyundai’s global operation – as stated by Munoz. Further the HMIL’S IPO has helped HMC to invest and expand in new products and additional production capacity in India. He added
To meet the growing demand for vehicles, HMIL’s upcoming manufacturing facility in Talegaon, Maharashtra, will play an important role in improving local manufacturing capabilities, he added.
Also Read: Tata Altorzz Spotted Testing! New Changes And Specifications Revealed
