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HYUNDAI MOTOR GROUP CHAIR EUISUN CHUNG VISITS INDIA
The Business Guardian
|August 13, 2023
Hyundai Motor will introduce five EV models by 2032 in India and expand the number of EV charging stations to 439 by 2027
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Hyundai Motor Group Executive Chair Euisun Chung visited India to review the company's facilities, the India market's growth potential, and future business strategy, including electrification. Chung visited Hyundai Motor India Engineering (HMIE), located in Hyderabad, the brand's R&D hub in India, and the automobile plants in Chennai on August 7 and discussed the mid- to long-term growth strategy with local employees. Chung also engaged in discussions with Chief Minister of Tamil Nadu MK Stalin, deliberated on strategies for the development of the Indian automotive market, and discussed avenues of collaboration for Hyundai Group's operations in India. In May, Hyundai Motor Group and Tamil Nadu forged a memorandum of understanding, marking their commitment to invest INR 200 billio
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