Hyundai Motor India pledges to invest INR 20 thousand crore in Tamilnadu in next 10 years; to ramp up EV manufacturing with production of 8.50 lakh unit each year
Hyundai Motor India has inked a MoU with Tamilnadu government to ramp up the production of electric vehicles in the southern state, where the company has pledged to investing INR 20 thousand crores in the next ten years.
The South Korea based auto maker expects to manufacturer 8.50 lakh unit vehicles from its plants in the south Indian state, as per the media statement.
