• Hrishikesh
• November 23, 2023
• Automotive, India, News
• 000 Battery Packs, 2025 EV Market Outlook, Annual Capacity of 75, Chennai, Electric Vehicles (EVs), Environmental Impact and Emission Reduction, EV Adoption in India, EV Battery Assembly Plant, EV Charging Infrastructure, Global Challenges in EV Market, Gopala Krishnan (Hyundai CMO), Government Incentive Schemes, Hyundai Motor India, Indian Automotive Industry, Indian EV Market Share Goals by 2030, Localization of Battery Packs, Market Penetration and Growth, Mass-Premium EV Segment, Tamil Nadu Investment, Tarun Garg (Hyundai COO), Unsoo Kim (Hyundai CEO), ₹700 Crore Investment
• 1 Comment

The strategic focus of South Korean automaker Hyundai Motor India is on localizing battery packs, which is essential to bringing down the cost of electric vehicles (EVs) in the nation. This action is a reaction to widespread scepticism about electric vehicles (EVs) and worries that their high cost will prevent their widespread adoption.  The current rate of electric vehicle (EV) …