Hyundai plans 6 EVs by 2028, to invest ₹4,000 cr.
The Hindu
‘Govt. help will spur EV supplier base’
Hyundai Motor India plans to invest about ₹4,000 crore for research and development over the next seven years as it looks to roll out six new electric vehicles in India by 2028.
“We will be investing ₹4,000 crore for R&D towards expansion of our Battery Electric Vehicle line-up to six vehicles for the Indian Market by 2028,” S.S. Kim, MD and CEO, Hyundai Motor India Ltd., told The Hindu, hinting that the first vehicle may be introduced as early as next year.
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