South Korean automaker Hyundai has divulged its vision and plans to mainstream electric vehicles by 2028. For this reason, the brand has allocated a hefty amount of 4000 crores towards the research and development of their new electric vehicles. Over the last two decades, the brand transformed the Indian mobility space with an exponential portfolio offered to Indian customers. Furthermore, they are the second largest manufacturer in India, with 17 per cent of the market share.
Hyundai Motors has been at the forefront of the electric mobility revolution in India with the introduction of the Kona EV, India’s first electric SUV, back in 2019. The brand also states that they have laid the roadmap to drive the electric mobility revolution in India. While India’s largest automaker is a little sceptical about the future of electric mobility in India, Hyundai aspires to take early mover advantage with the launch of new six BEVs across different segments and body styles, including SUVs.
“At Hyundai, we are taking experiences beyond mobility and are strongly focusing on Intelligent Technology, Sustainability and Innovation. Keeping in line with this thought, we will introduce our dedicated BEV Platform – E-GMP as well as modified platforms for battery electric vehicles in India. By driving the adoption of electric mobility at scale in India, Hyundai will become the fulcrum for transformation of a brighter and better tomorrow.” says Mr SS Kim, MD and CEO of Hyundai Motors India.
Additionally, Hyundai believes that the new E-GMP platform will pave the way for highly reliable BEVs of the future. The vehicles developed on E-GMP will accommodate more space with a flatter floor and flexible seating layout. The brand claims that their new-age electric vehicles will be more fun-to-drive and will come equipped with a large battery capacity of up to 77.4 kWh. Keeping the Make-in-India vision as their primary goal, the brand plans to boost the Indian Economy by increasing dependency on local auto ancillaries. Presently, the EV industry in India is at a nascent stage, so they plan to collaborate strategically to drive the widespread adaptation of BEVs. The company will develop public charging infrastructure, home charging, and fast charging facility at dealerships and provide 24×7 road assistance.