Hyundai plans to invest $2.45B in India operation
The investment will go towards an increase in production and setting up a new battery-pack assembly unit, among other projects
Hyundai Motor Co. (Hyundai) announced plans to invest $2.45 billion in the Indian state of Tamil Nadu over the next 10 years to beef up electric vehicle (EV) production, Reuters reported on May 11.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
