See acceleration of EV penetration in India in 2025-26: HMIL COO Tarun Garg

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See acceleration of EV penetration in India in 2025-26: HMIL COO Tarun Garg - Business Standard

Quick Summary:

Hyundai Motor India Ltd sees a triggering of acceleration in the electrification of the passenger vehicles market in the country in 2025 and 2026, according to company COO Tarun Garg.

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.

I personally feel that 2025 and 2026 are going to be great trigger points in terms of electrification, and Creta EV is going to drive it," Garg told PTI video here.