Hyundai working on small, affordable electric car for India

South Korea’s Hyundai Motor Co has begun developing a small electric car for India for the future even as it focuses on bringing more premium models to the country starting this year, an executive told Reuters on Thursday.

Various departments are working on issues such as charging ecosystem, sales network, manufacturing and the kind of assembly process the carmaker should have, Tarun Garg, director sales, marketing and service for Hyundai India, said in an interview.

“We have to look at as much localisation as possible,” Garg said, referring to sourcing and producing components locally to control costs and keep the cars affordable.

Read more

You may also like

Comments are closed.