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.
More than 2.6 lakh village and ward volunteers in Andhra Pradesh, once celebrated as the government’s grassroots champions for their crucial role in implementing welfare schemes, are now in a dilemma after learning that their tenure has not been renewed after August 2023 even though they have been paid honoraria till June 2024. Disowned by both YSRCP, which was in power when they were appointed, and the current ruling TDP, which made a poll promise to double their pay, these former volunteers are ruing the day they signed up for the role which they don’t know if even still exists