Around fourteen South Korean die and mould manufacturers and plastic injection moulded auto component producers are exploring opportunities to establish manufacturing facilities in India. These consist of tier 2 and tier 3 suppliers to Hyundai, Kia and Mobis. The firms are considering entering India through joint ventures with local partners, focusing on locations such as […]
Mobis India, a supplier of automotive modules, components, and battery systems for electric vehicles (EV), has inaugurated a new EV battery system assembly (BSA) plant in Sriperumbudur, Tamil Nadu, with an initial production capacity of 36,000 units annually, scalable up to 75,000 units. The facility will assemble Nickel-Manganese-Cobalt (NMC) battery systems for Hyundai’s electric vehicles, […]
Hyundai Motor India Limited (HMIL) is set to expand its manufacturing operations with a new plant in Talegaon, Maharashtra, expected to begin production in the fourth quarter of 2025. The company has also allocated INR 15 billion to upgrade its existing facility in Chennai. Once both plants are operational, HMIL aims to reach a combined […]
Hyundai Motor Group has opened a new battery and electrification research facility at the Indian Institute of Technology (IIT) Delhi. The center, called the Hyundai Center of Excellence (Hyundai CoE), will serve as a collaborative platform for research focused on battery technologies and future mobility systems. The initiative involves nine joint research projects currently underway […]
Hyundai Motor India Ltd (HMIL) has partnered with Indian Oil Corporation Ltd to conduct on-road trials of hydrogen fuel cell electric vehicles (FCEVs) using IndianOil’s hydrogen infrastructure. Under the agreement, Hyundai has provided its NEXO hydrogen FCEV to IndianOil for a trial program spanning 40,000 km. The trials are expected to last two years and […]
Hyundai Mobis has opened a new automotive software research and development center in Hyderabad, India, combining its two previously established R&D facilities into a single location. The new center began operations on April 7, 2025, and will focus on software for vehicles, including development related to software-defined vehicles (SDVs). The facility is intended to serve […]
Hyundai Motor India Ltd. (HMIL) has announced plans to establish and operate a tooling centre in India, following approval from its board of directors on March 24, 2025. The company intends to invest approximately INR 6.94 billion in the facility, which will focus on manufacturing stamping tools and panel production for vehicles. According to HMIL, […]
José Muñoz, President and CEO of Hyundai Motor Company (HMC), visited India and participated in a town hall meeting at Hyundai Motor India Limited’s (HMIL) headquarters in Gurugram. During the event, he emphasized India’s strategic importance in Hyundai’s global operations and outlined plans for expansion in electric vehicles (EVs) and manufacturing. India is Hyundai’s third-largest […]
Hyundai KEFICO has started construction on a new manufacturing facility in India, with mass production expected to begin in 2026. The plant is being built in the Electronic Manufacturing Cluster in Pillaipakkam, Kanchipuram, Chennai. A groundbreaking ceremony was held on February 10 to mark the commencement of the project. The event was attended by Jung […]
Hyundai Motor India Limited (HMIL) announced its progress in localizing manufacturing processes, achieving up to 92% localization for its operations. This initiative, part of the company’s indigenization roadmap, includes collaboration with 194 suppliers to produce over 1,200 components at its Chennai facility. Since 2019, HMIL’s localization efforts have reportedly resulted in foreign exchange savings of […]
