Categories: Business

Hyundai lays groundwork for mass-market EV launch

Hyundai Motor India is expanding charging infrastructure and component localization. The company plans to launch its first mass-market electric SUV this fiscal year. This move targets the affordable, sub-Rs 15 lakh segment of the EV market. Hyundai has previously focused on premium electric vehicle offerings in India. The new SUV launch will precede the CAFE III emission norms implementation.

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2 months ago

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