Hyundai, Kia Plan To Launch India-Made EVs Till 2025

Hyundai, Kia Plans To Launch India-Made EVs Till 2025

Hyundai Motor Group Executive Chair Euisun Chung in his recent visits to India shared mid-to long-term mobility strategic commitments to deliver a major manufacturing advance in India. With the establishment of an annual production system of 1.5 million vehicle units for Hyundai Motor India and Kia India combined.

Kia India will also start production of its local EV model in 2025 and plans to further expand its EV models. The company also focus on building EV charging infrastructure. Through this collaboration they aim to solidify company’s position in India. Hyundai Motor India plans to unveil its first locally produced EV in India next year and proactively respond to the growth of the Indian EV market. The group plans to expand its EV lineup and create an EV ecosystem to accelerate customer uptake and expand charging infrastructure. It will also strengthen its SUV sales leadership and promote social responsibility activities in consideration of Indian culture.

Starting with the mass production of its first electric SUV model at the Chennai plant at the end of 2024, the company plans to further produce five EV models by 2030. Hyundai Motor India will also utilize its sales network hubs, expanding the number of EV charging stations to 485 by 2030.

Hyundai Motor India aims to establish an annual production system of one million units by 2025. Through combined effort with Kia India, Hyundai Motor Group estimated to annually produce 1.5 million units annually in India. Their electrification strategy is to strengthen leadership in the Indian EV market by expanding EV local production and lineups as well as creating EV ecosystems. It’s delivering a major manufacturing advance in the Indian region with the establishment of an annual production system of 1.5 million vehicle units for Hyundai Motor India and Kia India combined.

Kia India’s yearly production capacity will also be expanded to 431,000 units within the first half of this year. Combined together, Hyundai Motor Group will have the ability to produce approximately 1.5 million units annually in India. Hyundai Motor Group also plans to strengthen its EV leadership in the Indian EV market through its electrification strategy.

Hyundai Motor Group has set its mid-to long-strategies to proactively respond to the Indian automotive market as well as further solidify its position as a leading mobility company. Key to this is the laying of groundwork to expand production. Hyundai Motor India will start operating its Pune plant in the second half of next year. Located in Maharashtra, western India, the production facility was acquired from GM last year. Hyundai Motor is currently making improvements to the facility to create a production hub capable of building more than 200,000 units annually, using smart manufacturing technology and systems.

The group plans to expand its EV lineup and create an EV ecosystem to accelerate customer uptake and expand charging infrastructure. It will also strengthen its SUV sales leadership and promote social responsibility activities in consideration of Indian culture. With the addition of the Chennai plant’s production capacity of 824,000 units, Hyundai Motor plans to develop an annual production capacity of over one million units when combined with the Pune plant.

“India is among the fastest-growing economies globally, and as this growth continues the strategic importance of Hyundai Motor India will only increase. By leveraging our strong reputation and competitive quality in India, we aim to expand exports to neighboring countries, making India the global export hub to boost our regional market competitiveness.”

“By around 2030, we expect to see a substantial expansion in the EV market. In anticipation of this evolution, Hyundai is focused on developing locally tailored EVs aimed at establishing us as a leading global EV brand,” explained Executive Chair Chung. “We also plan to proactively build charging stations at strategic locations – including dealerships – to facilitate the adoption of EVs.”

During the town hall meeting, Executive Chair Chung underlined plans for social responsibility in the region, commenting: “Hyundai’s success in India is rooted not just in our business operations but in our commitment to humanity and social responsibility.

“We are committed to advancing carbon neutrality and supporting the circular economy to ensure sustainable growth for humanity. Our products are designed to address social issues, and our business initiatives provide opportunities for youth groups and the underprivileged to develop skills and pursue their dreams.”

Speaking about the company’s electrification strategy, Executive Chair Chung said, “We will develop EVs tailored to the Indian market and expand EV infrastructure in the region. We will lead the next generation of mobility in India, playing a key role in electrification, and we will continue to elevate Hyundai as a premium brand.”