Hyundai

Hyundai India to launch localised mass-market SUV on dedicated EV platform

Hyundai Motor India Ltd plans to soon launch a localised mass-market SUV built on a dedicated EV platform, the company said on Wednesday. Hyundai Motor India Ltd's (HMIL) current EV portfolio comprises the IONIQ 5 and the CRETA Electric, it stated. The auto maker is preparing its sales and service network ahead of the launch, and training its dealer workforce to be EV-ready. It has also inaugurated 120 kW DC fast-charging stations in New Delhi on World EV Day 2026. HMIL also plans to expand its EV-ready sales and service network to 820 touchpoints and 650 workshops by the end of FY27. The company said it plans to train an additional over 7,000 sales personnel and more than 5,000 service personnel for EV (electric vehicle) sales, maintenance and repair by the end of FY27. It has trained over 10,000 sales personnel till date to support customers through their electric mobility journey. HMIL currently has over 2,600 trained dealership service personnel available for EV maintenance an

Hyundai Motor India targets 20% women in executive workforce by 2030

Hyundai Motor India Ltd on Monday said it is targeting increasing women's representation in its executive workforce to 20 per cent by 2030 as part of its efforts to build a diverse and future-ready talent pipeline. Women currently constitute more than 8 per cent of Hyundai Motor India Ltd's (HMIL) total executive workforce of over 4,000 employees, the company said in a statement. At the same time, about 45 per cent of young talent (Management Trainees & Engineer Trainees) recruited in 2026 are women, underscoring changing talent trends, it added. "Our commitment to achieving 20 per cent women representation in the executive workforce by 2030 reflects our focus on expanding opportunities, strengthening our talent pipeline and creating an environment where every individual can realise their full potential," HMIL MD & CEO Tarun Garg said. As the talent landscape continues to evolve, he further said,"We are encouraged by the increasing participation of talented women professionals

EVs may account for 7-8% of FY28 sales: Hyundai Motor India MD & CEO

Automaker plans dedicated sub-four-metre electric model; targets 50 per cent combined share for EVs, hybrids and CNG vehicles by 2030

Hyundai expects 8-10% H2 sales growth, aims to outpace PV industry

Automaker expects passenger vehicle industry to grow 5-6 per cent in H2; new mid-size SUV and sub-four-metre EV are expected to help it grow faster than the market

Hyundai India MD seeks long-term policy, shift to advanced tech exports

Hyundai Motor India MD and CEO Tarun Garg on Wednesday called for a consistent long-term policy framework to support scale and accelerate technology and component development, while urging the country's auto industry to move beyond exporting conventional components to advanced technologies, engineering capabilities and innovation. Addressing the 66th Annual Session of the Automotive Component Manufacturers Association of India (ACMA), Garg said India needs to accelerate efforts to build domestic capabilities in critical technologies such as semiconductor chips, EV battery cells and power electronics. "The government on its part needs to provide consistent long-term policy that supports scale and accelerates the development of technologies and components," Garg said. He observed that the time has come for India to progress from exporting conventional components to exporting advanced technologies, engineering capability and innovation. Garg said India exported about USD 24 billion wo

Hyundai Motor plans 100 new, fresh models with focus on US hybrid push

The plan, launched at Hyundai's CEO Investor Day in Seoul on Wednesday, will see South Korea's biggest automaker enter 18 new segments

Hyundai Motor eyes cumulative sales of 1 million connected cars by 2027

Hyundai Motor India Ltd on Monday said it is aiming to have cumulative sales of 10 lakh connected cars -- vehicles that have wireless connectivity, including mobile, that allows data transfer for various purposes -- by 2027. The company has over 8 lakh connected cars currently on Indian roads equipped with its proprietary AI-powered connected car technology platform, 'Hyundai Bluelink', Hyundai Motor India Ltd (HMIL) said in a statement. "The growing adoption of connected vehicles reflects the evolving expectations of customers and the increasing role of technology in shaping mobility. As we move towards our goal of 1 million connected car sales by 2027, we remain focused on advancing software-defined mobility and expanding connected technologies across our portfolio," HMIL MD & CEO Tarun Garg said. He further said, "Our upcoming mass-market electric SUV, which will offer next-generation connected car technology as standard across all variants, marks an important step in ...

Hyundai Motor crosses access to 30k EV charging points on its platform

Hyundai Motor India Ltd (HMIL) on Monday said it has crossed access to over 30,000 EV charging points across India through its myHyundai app. The app provides integrated charging networks accessible via a single platform set up in partnership with leading CPOs (Charge Point Operators) and service providers, the company said in a statement. "Through the integration of over 30,000 charging points on the myHyundai app, we are empowering EV users with one of India's largest charging networks accessible through a single platform," HMIL MD & CEO, Tarun Garg said, reiterating the company will more than triple its proprietary DC fast public charging network from 183 stations today to 600 stations by 2030.

CAFE-2 penalty waiver: Relief for automakers or setback to India's EV push?

The government has waived ₹2,700 crore in CAFE-2 penalties for some PV manufacturers. Does the step offer a practical reset for automakers, or weaken one of India's key tools for cleaner mobility?

Hyundai expects production recovery by June 22 after supplier plant fire

Hyundai Motor India Ltd (HMIL) on Wednesday said it expects all production operations to return to normal by June 22, following a temporary disruption caused by a fire at the manufacturing facility of its supplier Mobis India Ltd. In a regulatory filing to stock exchanges, the automaker said it is taking necessary measures to restore normal production levels, including sourcing automotive components from alternate locations to mitigate the impact of the incident. The disruption remains largely confined to Chennai Plant 1, while operations at the company's Pune plant and Chennai Plant 2 have continued with minimal impact, Hyundai said. The company expects Chennai Plant 1 to regain its production pace by June 15, with full normalisation of production activities across facilities projected by June 22. "The temporary production disruption is confined primarily to Chennai Plant 1 of the company. This facility is also expected to regain its production pace by June 15, 2026, and all ...

Mobis India fire: Hyundai Motor, Kia production may be hit briefly

A fire at Mobis India's Chennai-area facility may disrupt Hyundai and Kia production for at least a week, prompting efforts to source components from South Korea

Major fire at Hyundai Mobis facility may hit Hyundai, Kia production

A fire at Hyundai Mobis' Sriperumbudur facility near Chennai could disrupt supplies to Hyundai Motor India and Kia India, affecting production in the coming weeks

Hyundai reiterates commitment to India as it marks 30 years of operations

South Korean auto major Hyundai on Wednesday reiterated its commitment to shaping mobility for India and the world, as the company marks 30 years of operations in the country. Established on May 6, 1996, the company's arm Hyundai Motor India Ltd (HMIL) has invested Rs 40,700 crore since its inception, with another Rs 45,000 crore lined up between FY26 and FY30 to drive manufacturing, electrification, future mobility and introduction of 26 new products by FY2030. HMIL has sold a total of 1.35 crore units since its inception, including 96 lakh in India and 39 lakh exported to 150 countries, the company said in a statement. It reinforces India's role in Hyundai's global success - as India's largest exporter of passenger vehicles on a cumulative basis, it added. "HMIL's 30-year journey is defined by trust earned over time and the pride of our teams delivering consistently for customers across India," HMIL MD and CEO Tarun Garg said. "As we celebrate this milestone, we look ahead with

Despite a strong March, electric vehicle makers keep discounts high

Aggressive discounting persists in the EV market as automakers juggle inventory, competition, and evolving buyer expectations

Domestic passenger vehicle wholesales rise 27% in spite of West Asia war

Passenger vehicle sales surge year-on-year to about 450,000 units in April, driven by GST cuts, tax relief and rural demand, even as West Asia conflict poses risks

Hyundai Motor India domestic sales up 17% at 51,902 units in April

Hyundai Motor India Ltd on Friday reported a 17 per cent year-on-year growth in domestic sales at 51,902 units in April 2026. Domestic sales in April this year were the highest ever for the month since inception, Hyundai Motor India Ltd (HMIL) said in a statement. Exports were at 13,708 units in April 2026, it added. "We have opened the new financial year on a strong note, carrying forward the momentum built in recent months into April 2026," HMIL MD & CEO Tarun Garg said. The company's compact SUV VENUE achieved its highest-ever monthly domestic sales of 12,420 units in April 2026, the statement said.

Hyundai Motor India to hike prices by up to 1% from May amid cost pressures

Hyundai Motor India Ltd on Wednesday said it will hike prices of its vehicles by up to 1 per cent across its portfolio from next month citing various cost escalations. The company has planned to increase the prices of its cars up to 1 per cent across the portfolio, effective May 2026, Hyundai Motor India Ltd said in a regulatory filing. The price revision is attributed to a combination of various cost escalations, it added. The quantum of increase will vary based on the variants and models, HMIL said. "The company's endeavor is always to absorb rising costs to safeguard our customer from price fluctuations. However, the escalating input costs have necessitated to pass on a part of this impact through a marginal price revision," it said.

Maruti, Tata Motors, M&M, Bajaj Auto: CLSA decodes strategy for auto stocks

If the current geopolitical situation persists that results in supply chain disruptions and firm commodity prices, CLSA expects 30-40 per cent cuts to auto sector's FY27 earnings.

Hyundai Motors India's sales rise 11.5% to 73,137 units in January

Hyundai Motor India on Sunday said its total sales increased 11.5 per cent year-on-year to 73,137 units in January. The company's total sales stood at 65,603 units in January last year, Hyundai Motor India said in a statement. The automaker said its dispatches to dealers in the domestic market increased 9 per cent to 59,107 units last month as compared with 54,003 units in the year-ago period. Exports stood at 14,030 units last month as against 11,600 units in January 2024. "Achieving our highest-ever monthly domestic sales of 59,107 units, alongside highest-ever total sales of 73,137 units with a strong 11.5 per cent year-on-year growth, reflects not only Hyundai's brand leadership but also the collective strength of our people, partners and customers," Hyundai Motor India MD and CEO Tarun Garg said in a statement.

Hyundai plans to deploy humanoid robots at American factory from 2028

The company did not disclose the cost of the robots, but said deployment would begin across all of its manufacturing sites as part of a push into "physical AI"