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EV penetration to accelerate in India in 2025-26: Hyundai Motor India COO

YourStory LogoYourStory12h ago

EV penetration to accelerate in India in 2025-26: Hyundai Motor India COO - YourStory

Quick Summary:

Set to enter the mass market electric vehicle segment with the EV version of its popular SUV Creta, the company, which plans to bring four EVs in the future, is also looking at different segments, even below the mid-sized SUV segment.

On the reasons for such an expectation, Garg said during this period "very strong OEMs (Original Equipment Manufacturers), very strong brands, are going to launch their very strong products in the EV space".

The company is also starting an "in-car' payment using the AVNT (Audio, Video, Navigation, Telematics) system to make the payment as well, he said, adding "We have already made arrangements with 1,150 charging points for this".


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Article Details

Author / Journalist: Press Trust of India

Category: StartupsEconomyBusiness

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-13 @ 05:21:19 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 680 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 25097779

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 8 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

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Publisher ID: #44

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