Hyundai Motor India to Deploy 600 Public Fast Charging Stations for EVs
Commitment to EV Ecosystem
Hyundai Motor India has announced plans to establish 600 public fast charging stations across the country over the next seven years. This initiative is designed to support the growing adoption of electric vehicles (EVs). The company also launched the Creta Electric in India on Friday, priced from ₹17.99 lakh ex-showroom.
Expanding Charging Network
Unsoo Kim, Managing Director of Hyundai Motor India, emphasized the company's dedication to building a strong EV ecosystem. He noted that over 50 charging stations are already operational in key cities and on national highways. The myHyundai app provides users access to more than 10,000 EV charging points throughout India.
Creta Electric's Launch
The introduction of the Creta Electric is expected to be a catalyst for EV growth in India. Kim believes this new model will contribute significantly to the segment's expansion. He positioned the vehicle as more than just an SUV, highlighting its innovative technology, safety, comfort, and sustainable driving experience.
Strategic EV Product Lineup
Kim also discussed Hyundai’s strategic approach to its EV product lineup, offering diverse options for Indian consumers, including petrol, diesel, CNG, and electric powertrains. Hyundai is equipped to produce all powertrain options in-house.
Impact of New EV Models
Tarun Garg, Chief Operating Officer of Hyundai Motor India, anticipates that new mass-market EVs such as the Creta Electric, coupled with improved charging infrastructure, will accelerate the growth of electric mobility in India. Garg highlighted the importance of localizing the entire EV supply chain to improve efficiency and reduce costs. He expects EV penetration to increase from the current 2.5% to 15-20% by 2030, with a potential doubling of the EV market by 2025-26 due to models like the Creta Electric.
Future EV Expansion
Hyundai plans to introduce additional EV models in the Indian market over the coming years. Garg noted that new models by major OEMs would further drive segment growth. He also stressed that advancements in charging infrastructure are crucial for this expansion.
The company’s efforts are aligned with its vision of a sustainable future for the Indian automotive industry. By investing in infrastructure and expanding its product range, Hyundai aims to play a key role in the transition to electric mobility in the country.
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