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Hyundai Electric Vehicles

Hyundai Motor India shares skid 5%; record new low on muted Q2 performance

Looking ahead, the company anticipates better performance owing to the new launch of Creat EV in January, along with the recent launch of new variants of the Venue and Alcaazar models.

Hyundai Motor India shares skid 5%; record new low on muted Q2 performance
Updated On : 13 Nov 2024 | 1:01 PM IST

Will be exploring opportunities for exporting EV: Hyundai Motor India's COO

IPO-bound Hyundai Motor India Ltd will explore opportunities for exporting its upcoming electric vehicles from the country to other similar markets to enhance its position as a production hub for emerging markets, according to a senior company official. The company is lining up four electric vehicles to be launched in future, including the electric version of its popular SUV Creta by Q4 FY25, in the mass and 'mass premium' segments. "We are a very strong production hub for emerging markets. We are exporting to 80 plus countries. As far as EVs are concerned, it will, of course, depend on the demand but we are always open to look at any product, which we introduce in India, for exporting it to the other market as well," Hyundai Motor India Ltd (HMIL) COO Tarun Garg told PTI. He was responding to a query on whether the company will export its EVs planned to be launched in India in the future. "In terms of EV (exports) it will depend on the infrastructure. It will depend on the deman

Will be exploring opportunities for exporting EV: Hyundai Motor India's COO
Updated On : 13 Oct 2024 | 10:45 AM IST

Hyundai Motor, LG Energy Solution launch Indonesia's 1st EV battery plant

The plant is part of a commitment by Hyundai Motor and LGES to invest up to $9.8 billion in Southeast Asia's largest economy to develop an EV supply chain

Hyundai Motor, LG Energy Solution launch Indonesia's 1st EV battery plant
Updated On : 03 Jul 2024 | 11:54 AM IST

Hyundai inaugurates EV charging station in Chennai, plans 100 facilities

Automaker Hyundai Motor India Limited (HMIL) on Monday announced the inauguration of its fast electric-powered vehicles (EV) charging station here, and said this was first of the company's target of installing 100 such facilities across Tamil Nadu. The 180 kW DC fast charging station, comprising of 150 kW and 30 kW connectors, has been set at Spencer Plaza here, and would cater to compatible four-wheelers irrespective of brand and model, a company release said. "As we celebrate 28 years of HMIL in India, we are delighted to inaugurate our first ever 180 kW fast public charging station in Chennai. In line with Hyundai's vision of 'Progress for Humanity', we aim to enhance convenience of all EV users, and hence our charging stations can be utilised by any four-wheeler EV user. HMIL envisages to install 100 charging stations across Tamil Nadu, to enhance the EV ecosystem and motivate more customers towards EV adoption across the state," Jae Wan Ryu, Executive Director - Corporate ...

Hyundai inaugurates EV charging station in Chennai, plans 100 facilities
Updated On : 27 May 2024 | 1:55 PM IST

Hyundai buys GM's Talegaon plant, will invest Rs 6,000 cr in Maharashtra

Plant will be 'catalyst' in achieving Hyundai India's target of achieving one million annual production capacity, says company

Hyundai buys GM's Talegaon plant, will invest Rs 6,000 cr in Maharashtra
Updated On : 19 Jan 2024 | 11:39 PM IST

Tata Motors expects best sales in 2024 on back of fresh portfolio

Automaker plans to have 10 EV models by 2026 including the upcoming Harrier EV and Punch EV: MD Shailesh Chandra

Tata Motors expects best sales in 2024 on back of fresh portfolio
Updated On : 21 Dec 2023 | 12:43 PM IST

Hyundai to install new plant in S Korea, to produce 200,000 EVs a year

Hyundai will invest 2 trillion won ($1.5 billion) building the plant, which will cover 548,000 square meters of land at a former motor racing circuit

Hyundai to install new plant in S Korea, to produce 200,000 EVs a year
Updated On : 13 Nov 2023 | 10:58 AM IST

Hyundai declares target of selling 2 mn EVs by 2030, to invest $85 bn

The latest goal of the South Korean car manufacturer is an update from its earlier target of selling 1.87 million EVs by 2030

Hyundai declares target of selling 2 mn EVs by 2030, to invest $85 bn
Updated On : 21 Jun 2023 | 2:50 PM IST

Hyundai to announce over Rs 15,000 cr investment programme in Tamil Nadu

The proposed investments of Rs 15,000 crore to Rs 20,000 crore would be spread over the next seven to 10 years, sources said

Hyundai to announce over Rs 15,000 cr investment programme in Tamil Nadu
Updated On : 10 May 2023 | 10:23 AM IST

Independent houses, charging infra boosting EV popularity in non-metros

25 per cent of Tata Tiago EV buyers are first-time buyers and include customers from states such as Bihar, Madhya Pradesh, Uttar Pradesh, and Andhra Pradesh

Independent houses, charging infra boosting EV popularity in non-metros
Updated On : 18 Apr 2023 | 10:52 AM IST

A first for industry: Hyundai may ink pacts for direct power purchase

Such direct contracts will assist the carmaker in getting cheap power

A first for industry: Hyundai may ink pacts for direct power purchase
Updated On : 03 Nov 2022 | 10:52 PM IST

Q2 results: Hero MotoCorp net profit falls 9% YoY to Rs 682 crore

Hero MotoCorp's consolidated net profit fell by 8.63 per cent YoY to Rs 682.28 crore in the second quarter of FY23 amid weakening rural demand

Q2 results: Hero MotoCorp net profit falls 9% YoY to Rs 682 crore
Updated On : 03 Nov 2022 | 9:20 PM IST

Oops! Wrong Hyundai. Govt's industrial policy misfires again with PLI gaffe

Picking the wrong Hyundai is just embarrassing. Going down a protectionist path reminiscent of the country's own, impoverished socialist past is the bigger folly

Oops! Wrong Hyundai. Govt's industrial policy misfires again with PLI gaffe
Updated On : 28 Sep 2022 | 6:58 AM IST

Hyundai India opens bookings for Venue N Line; here's what to expect

The compact SUV comes with various exterior and interior changes to give it a sporty styling, inspired by motorsport.

Hyundai India opens bookings for Venue N Line; here's what to expect
Updated On : 25 Aug 2022 | 5:01 PM IST

Hyundai Motors working on compact, affordable electric car for India

Hyundai plans to invest in launch electric vehicles in India by 2028, making a clean energy drive in a country with some of the most polluted cities in the world

Hyundai Motors working on compact, affordable electric car for India
Updated On : 16 Jun 2022 | 11:47 PM IST

South Korea's Hyundai Motor plans to invest $16 bn in EV push

The Seoul-based automaker said it aimed to achieve an operating profit margin of 10% or higher in EV business by 2030

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Updated On : 02 Mar 2022 | 2:52 PM IST

South Korea's Hyundai Motor plans to invest $16 bn in EV push

The Seoul-based automaker said it aimed to achieve an operating profit margin of 10% or higher in EV business by 2030

South Korea's Hyundai Motor plans to invest $16 bn in EV push
Updated On : 02 Mar 2022 | 2:51 PM IST

Taiwan's Foxconn says looking at making EVs in India, other countries

Foxconn Chairman Liu's comments come after Foxconn unveiled its first three electric vehicle prototypes earlier this week

Taiwan's Foxconn says looking at making EVs in India, other countries
Updated On : 20 Oct 2021 | 10:59 AM IST

Hyundai's EV plan at risk of losing impetus on parts shortage, subsidies

Hyundai's ambitious plan could fizzle out this year with delayed production and rapidly drying-up state subsidies, and its labor union's opposition to its massive investment in the US

Hyundai's EV plan at risk of losing impetus on parts shortage, subsidies
Updated On : 19 May 2021 | 1:06 PM IST

Hyundai plans to invest $7.4 bn in US by 2025 on EVs, production facilities

Hyundai plans to invest $7.4 billion in US by 2025 to make electronic vehicles, enhance production facilities and invest further in smart mobility solutions

Hyundai plans to invest $7.4 bn in US by 2025 on EVs, production facilities
Updated On : 14 May 2021 | 6:46 AM IST