Gokaldas Exports

Hyundai Motor India plans to launch a new electric SUV, HE1i, by 2026, based on the E-GMP architecture. The company is investing over ₹26,000 crore in Tamil Nadu to establish it as their flagship EV manufacturing hub, with a focus on localisation, supply-chain development, and workforce training. Hyundai aims to tap into the growing demand for electric vehicles in the mass-market segment.