Hyundai prepares sub-₹15 lakh mass-market EV push with charging and localisation build-out
Hyundai Motor India is expanding charging infrastructure and localising components ahead of its first locally developed mass-market electric SUV launch this fiscal. The company is targeting the sub-₹15 lakh segment as automakers prepare for tighter CAFE III emission norms.
Hyundai Motor India is expanding charging infrastructure and component localisation ahead of launching its first locally developed mass-market electric SUV this fiscal, targeting the sub-Rs 15 lakh segment.
Why this matters
The EV build-out follows Hyundai Motor India's Q4FY26 profit decline and June production disruption from a supplier fire, while its 51,335-unit June volume shows the company is balancing near-term constraints with its EV transition.
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