Tuesday
May 16
2023

Hyundai Motor to Invest $2.45 Billion in India by 2032 to Boost EV Ecosystem

By Jagmeet Singh

Hyundai Motor has announced that it plans to invest $2.45 billion (200 billion Indian rupees) over the next 10 years in the southern Indian state of Tamil Nadu to bolster its plans for electric vehicles in the country.

Photo courtesy of Dennis Sylvester Hurd.

Source: Tech Crunch (link opens in a new window)

Categories
Technology, Transportation
Tags
corporations, electric vehicles, manufacturing