Hyundai Motor Company and TVS Motor Company have announced plans to explore a partnership aimed at developing electric three-wheelers and micro four-wheelers for the Indian market. The announcement was made at the Bharat Mobility Global Expo 2025, where Hyundai also showcased concept models of these vehicles. According to the press release, the collaboration seeks to […]
Hyundai Motor India Ltd. has signed an agreement with Exide Energy Solutions Ltd., a subsidiary of Exide Industries, to procure domestically manufactured lithium-iron-phosphate (LFP) battery cells for its electric vehicles (EVs). The move supports local sourcing of critical EV components and reduces dependency on imports, according to a press release issued by the company. Under […]
Hyundai Motor India Ltd (HMIL) has announced plans to invest Rs 32,000 crore in expanding its presence in India between 2023 and 2032, with a significant focus on increasing production capacity and developing new models, particularly in the Battery Electric Vehicle (BEV) segment. This expansion includes investments in its manufacturing facilities in Tamil Nadu and […]
