Hyundai And Kia Target A Bigger Piece Of The Indian Market With New EVs | Carscoops

  • 📰 Carscoop
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Ireland News News

The South Korean companies see opportunity to grow their brand in the densely populated nation car auto cars

Hyundai Motor Group is revamping its game plan in India and will expand its EV model range in a bid to gain a bigger piece of the market as the number two automaker in the nation.

Last year, 48,105 EVs were sold in India but HMG believes that number will balloon to seven figures by 2030. It wants to be a big player in the market and thus will kick off those five new EV models will be smaller SUVs.Hyundai Creta Adventure To Show The SUV’s Wild Side In India

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 306. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hyundai Motor Group to invest $18 bln in South Korean EV industry by 2030Hyundai Motor Group said on Tuesday it planned to invest 24 trillion won ($18.14 billion) in South Korea's electric vehicle (EV) industry through 2030, bolstering its presence in a segment that is set to dominate long-term global automotive demand. Hyundai is junk. Paint peels and uses excessive oil. Look it up. Know issues they won't fix. More cart before the horse logic. There goes US manufacturing
Source: Reuters - 🏆 2. / 97 Read more »

Hyundai Motor Group to invest $18 billion in South Korean EV industry by 2030Hyundai Motor Group said on Tuesday it planned to invest $18.14 billion in South Korea's electric vehicle industry through 2030. Buy Boston Dynamic back
Source: CNBC - 🏆 12. / 72 Read more »

Hyundai Motor Group to invest $18 bln in South Korean EV industry by 2030 - AutoblogHyundai Motor Group to invest $18 bln in South Korean EV industry by 2030 It’s so ugly
Source: therealautoblog - 🏆 528. / 51 Read more »