Hyundai’s investment in Tamil Nadu for developing a sustainable EV ecosystem is a step towards the future of the automotive industry. The investment in electric vehicle development and modernization of vehicle platforms, along with the production volume increase, will create job opportunities and boost the economy.
Read More: Royal Enfield plans to bring new Interceptor.
Setting up a battery pack assembly unit with an annual capacity of 1.78 lakh units will also promote localization and reduce import dependence. Introducing new EV models by Hyundai in India will help increase the adoption of electric vehicles, contributing to a greener future.
100 charging stations
The plan to set up 100 charging stations across Tamil Nadu over the next 5 years, including 5 ultra-fast charging stations (DC 150 KW +DC 60 KW), 10 Single Fast Charging Stations (DC 150 KW) and 85 Single Fast Charging Stations (DC 60 KW), will help develop the local charging infrastructure and promote electric mobility in the state. The move will also address the range of anxiety concerns of EV buyers and encourage more people to switch to electric vehicles.
Including ultra-fast charging stations, single fast charging stations, and deploying charging stations in different locations will make charging more accessible and convenient for EV owners.
The investment will go into electric vehicle development, modernization of vehicle platforms, battery pack assembly, and setting up charging infrastructure in the state.
Read More: Laffite to unveil electric hyper SUV
Carbon neutral
The focus on carbon-neutral manufacturing is also commendable, and it is a step in the right direction towards achieving sustainable development. Setting up a battery pack assembly unit in Tamil Nadu will help in the localization of production and support the local supply chain.
Overall, Hyundai’s investment in Tamil Nadu for developing a sustainable EV ecosystem is a significant step towards creating a cleaner and more sustainable future for India.
Source: Hyundai
