Hyundai Motor Group, a big company in cars, wants to help India with its cars. India is a big place where lots of people buy cars. It also wants to make electric cars, which are good for the environment. The head of Hyundai Motor Group, Euisun Chung, came to India to see what they can do.
Big Car Market
India is a place where many cars are sold. Only China and the U.S. sell more cars. Last year, almost 5 million new cars were sold in India. People think this number will go up by 2030. Many of these cars are for carrying passengers.
Making Electric Cars
India is rapidly transitioning toward sustainable transportation, driven by the government’s “Make in India” initiative and its ambitious goal of achieving 30% EV sales by 2030. Hyundai Motor Group recognizes the importance of this shift and aims to play a pivotal role in shaping the EV ecosystem. The Indian market is set to become a competitive battleground for electric mobility in the coming years.
New Ideas
During his visit, Executive Chair Chung toured Hyundai Motor India Engineering (HMIE) in Hyderabad, the company’s research and development center in India. This hub plays a crucial role in tailoring vehicles for the Indian market and driving innovation in areas like electrification, autonomous driving, and local-language voice recognition technology.
Helping the Environment
Hyundai Motor Group wants to make more electric cars and SUVs. They think many people in India will want these new cars. They also want to make places where electric cars can get charged. This way, more people can use them.
What Hyundai Motor Group Says
During the visit, Executive Chair Euisun Chung emphasized, “India’s automotive market holds immense potential and significance for Hyundai Motor Group. We are fully committed to contributing to India’s future mobility landscape by investing in innovative technologies, expanding our electric vehicle portfolio, and collaborating closely with local stakeholders.”
A Bright Future
Hyundai Motor Group is serious about helping India with its cars. They want to make cars that are good for the planet. They will work with India to make better cars and give people more choices. As India gets ready for cars that use electricity, Hyundai Motor Group will be there to help.