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IPO-bound Hyundai India and its rivals in world's third-biggest car market

Business Standard LogoBusiness Standard1w ago

IPO-bound Hyundai India and its rivals in world's third-biggest car market - Business Standard

Quick Summary:

It dominates sales of EVs in India, with a market share of over 70 per cent.

Tata's Nexon and Punch models are the country's most-sold SUVs and have contributed to its overall market share rising to 14 per cent, just behind Hyundai.

The company currently sells one EV model and is expected to launch a slate of electric SUVs in early 2025.(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-15 @ 11:50:00 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 507 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 24 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 21258143

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 293 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 7 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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  • URL: https://beamstart.com/news/ipo-bound-hyundai-india-and-17184333383439

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