Hyundai plans Rs 4K cr investment with 6 EVs for India by 2028

New Delhi, Dec 8: Hyundai Motor India is gearing up for expansion of its battery electric vehicles (BEV) line-up with six vehicles for the Indian market by 2028.
It also plans to introduce its dedicated BEV platform — E-GMP which will cater to multiple segments, including the mass market and mass premium segments.
It will also work towards the development of BEV infrastructure in India with strategic collaborations to create BEV charging solutions with focus on home charging, public Charging station, charging facility at HMIL dealer network and 24 X 7 roadside assistance, as per phase-II of FAME-India scheme as on November 26.
The company had launched the country’s first electric SUV – KONA electric in 2019.
“At Hyundai, we are strongly focusing on intelligent technology, sustainability and innovation and our dedicated BEV Platform – E-GMP as well as modified platforms for battery electric vehicles in India to drive the adoption of electric mobility… in India,” said SS Kim, MD & CEO, HMIL.
The E-GMP dedicated BEV platform sets the stage for development of future EVs in India with vehicle chassis that includes the battery, motor and power electric system.
The platform is based on four key pillars. Modularity which can facilitate many body types, feature a modularised battery system and create greater synergies with BEV component sharing. The platform offers a low centre of gravity, use of ultra high strength steel and 8-point battery mounting to ensure reliable products.
The E-GMP facilitates a flat floor and flexible seating layout as well as an innovative interior space that offers sliding console and sliding 2nd row seats. It features a large battery capacity up to 77.4 kWh, 2WD/ 4WD capabilities, improved handling and capability to achieve a top speed of 260 kmph.
The programme comes at a time when the government has stepped up all-round effort for the Indian automobile industry to achieve global scale and acquire a major share of the international electric market.
The Faster Adoption and Manufacturing of Electric Vehicles in India (FAME India II) scheme incentivizes demand for EVs by providing upfront subsidies and creating EV charging infrastructure and envisages supporting a demand of 10 lakh electric two-wheelers, 5 lakh electric three-wheelers, 55,000 electric cars and 7,090 electric buses.
The Productions Linked Incentive (PLI) scheme for manufacturing of advanced chemistry cell (ACC) is aimed at bringing down prices of battery in the country. UNI