Here Is What Hyundai Is Doing For Expansion In The EV Space

EV Ultimo Team


Here Is What Hyundai Is Doing For Expansion In The EV Space

Hyundai, India's second-largest carmaker, will launch starting with its first electric vehicle (EV) in 2022. 

Navigating the pump-to-plug spin, Hyundai will pioneer the expansion of affordable and premium electric models including sport utility vehicles (SUVs) and sedans, with this dedicated BEV platform that includes the battery, motor, and power electric system. BEV charging solutions with a focus on home charging, public charging station, charging facility at HMIL dealer network, and peace of Mind with 24 X 7 roadside assistance.

South Korea's Hyundai Motor Co has planned to invest 40 billion rupees ($530 million) to launch six electric vehicles in India by 2028. The portfolio of the six new EVs will include electric vehicle versions of the existing IC engine products as well as some all-new cars based on the E-GMP platform. Hyundai’s line-up of 6 Battery Electric Vehicles will cater to multiple segments including the Mass market and Mass Premium segments in India. 

The new Kona N will join the performance fleet of Hyundai, bringing the Kona alongside the famous Veloster N and other countless N models. Although the Consumer Reports gives the Hyundai Kona Electric a 2 out of 5 for reliability (far below its 2021 tops rating), if all-wheel drive were available and the reliability more consistent, this could easily be named the perfect small electric.

The Hyundai Ioniq5, first product from Hyundai’s E-GMP (Electric-Global Modular Platform), impressed with a mixture of retro and futuristic design elements combined with technology that actually works as advertised. Hyundai already claims a WLTP-tested range of 481 km for the Ioniq 5, and now the US EPA ratings of its maximum driving range are out as well. Given that Hyundai Ioniq 5 is the first car based on E-GMP and has been spotted testing on the Indian roads, the news is that the Ioniq 5 will officially launch in India by mid-2022.

There is change at the helm of Hyundai Motor India, the country No. 2 passenger vehicle manufacturer. The Korean carmaker today announced the appointment of Unsoo Kim as its new Managing Director from January 1, 2022. S S Kim, the current Managing Director, has been elevated to a global role at Hyundai Motor Company headquarters in Seoul after his successful stint of three years in India. There is a new and heightened focus on electric, particularly in light of the company’s recently announcement of a six-EV strategy for India by 2028. Hyundai's plans also come as the world's biggest electric carmaker Tesla Inc (TSLA.O) is preparing to launch its cars in India and has been lobbying the government to lower import duties on EVs.