Hyundai Motor India Ltd plans to export its upcoming electric vehicles to similar emerging markets, such as Africa and Latin America, aiming to strengthen its position as a production hub. The company also focuses on localizing production elements, including battery packs and drivetrain power electronics, to offer competitively priced EVs.
Related Posts
Emirates cancels flights to Iraq, Iran and Jordan amid regional unrest
Emirates has canceled flights to Iraq, Iran, and Jordan from October 3 to 5 due to regional unrest following Iran’s missile strike on Israel. Other […]
Tupperware files for bankruptcy as company seeks ‘strategic alternatives’
Tupperware Brands Inc and its subsidiaries have filed for Chapter 11 bankruptcy protection in the US. The company will seek court approval to continue operations […]
Hyundai raises Rs 8,315 crore from anchor investors
Hyundai Motor India has raised Rs 8,315 crore from 225 anchor investors, led by Singapore govt entities, before opening the largest IPO in Indian history. […]