TL;DR
Hyundai Motor India announced a ₹45,000 crore investment to launch 26 new models, including EVs and hybrids, and expand its charging infrastructure by 2030.
Hyundai Motor India has unveiled a massive investment plan of ₹45,000 crore for the Indian market by 2030, demonstrating a strong commitment to expanding its presence and product portfolio. This ambitious roadmap includes the introduction of 26 new models, which will comprise 20 internal combustion engine (ICE) vehicles, six battery-powered electric vehicles (BEVs), and select hybrid options, diversifying its offerings across various segments.
A significant focus of this strategy is the aggressive push into electric mobility, with plans to expand its EV portfolio and build a wider charging network. Hyundai intends to install 600 public fast chargers across India within the next 6-7 years, complementing its existing network that supports over 14,000 charge points nationwide. The company is also evaluating the launch of its global luxury brand, Genesis, in India by 2027 through local assembly and aims to develop an India-made electric SUV by the same year, balancing volume, value, and future-ready mobility.
