In a recent meeting, Hyundai unveiled its ambitious plans to achieve 2 million EVs globally by 2030, and India will play a key part in the plan. Hyundai’s CEO, Jose Munoz, said that India will play an important part in the plan in a recent meeting held at Hyundai’s Indian headquarters in Gurugram.
Hyundai’s 2 million EV sales — What’s the plan?
For the carmaker to achieve this global plan, Hyundai India will get support from the global entity to expand the carmaker’s EV portfolio and also support the needed infrastructure. He also said that Hyundai India will make EVs more accessible to customers here. Hyundai announced last year that the company will be launching five new EVs – the Hyundai Creta Electric being the first of them – by 2030.
Munoz said, “With HMC’s target to sell 2 million EVs by 2030 globally, India will play an important role in achieving this milestone.” He emphasised that the company is dedicated to expanding investments in electric vehicles and advanced technology with a customer-focused approach.
Hyundai in India
The South Korean carmaker entered India in 1996 and has since become the third-largest market for Hyundai globally. Hyundai India has also become an export hub for the carmaker, catering to 60 countries, including the Middle East, South Africa, Mexico, Chile, and others. To meet global demands, the carmaker is also expanding its manufacturing capabilities with a new facility in Telegaon, Maharashtra.
Currently, in the EV lineup, Hyundai offers two products — the Creta Electric and the Ioniq 5. The former uses a simple design and brand name to retain the familiarity of the Creta, which has been a best-seller for the carmaker for many years now owing to its practicality. The electric version carries forward the same.
