Hyundai Explores Electric Vehicle Exports
ECONOMY & POLICY

Hyundai Explores Electric Vehicle Exports

Hyundai Motor India is exploring opportunities to export electric vehicles (EVs) from India to international markets as part of its broader strategy to cater to the growing global demand for eco-friendly transportation. The company is positioning itself to tap into the burgeoning EV market, both domestically and internationally, as nations increasingly shift toward sustainable mobility solutions.

Speaking at a recent event, Hyundai Motor India's management emphasized the company's commitment to becoming a leader in the EV space. With production facilities in India already manufacturing electric models for the domestic market, Hyundai is considering leveraging these capabilities to meet global demand, especially in markets that are accelerating their transition to EVs.

Hyundai's foray into EV exports aligns with India's aim to become a hub for EV production. As the government pushes for the adoption of electric mobility, manufacturers like Hyundai are poised to take advantage of favorable policies, incentives, and infrastructure development. The company also plans to scale up local production of its EV models, targeting both Indian consumers and potential international buyers.

In addition to meeting growing consumer demand for EVs, Hyundai is also focused on sustainability initiatives, which include reducing its carbon footprint through clean energy solutions and innovative vehicle technologies. The company's export strategy is expected to further boost its presence in the global automotive market while contributing to India's position as a major EV manufacturing hub.

With strong government support, evolving infrastructure, and increasing consumer interest in electric vehicles, Hyundai Motor India’s potential entry into the global EV export market could significantly enhance its competitiveness and sustainability goals.

Hyundai Motor India is exploring opportunities to export electric vehicles (EVs) from India to international markets as part of its broader strategy to cater to the growing global demand for eco-friendly transportation. The company is positioning itself to tap into the burgeoning EV market, both domestically and internationally, as nations increasingly shift toward sustainable mobility solutions. Speaking at a recent event, Hyundai Motor India's management emphasized the company's commitment to becoming a leader in the EV space. With production facilities in India already manufacturing electric models for the domestic market, Hyundai is considering leveraging these capabilities to meet global demand, especially in markets that are accelerating their transition to EVs. Hyundai's foray into EV exports aligns with India's aim to become a hub for EV production. As the government pushes for the adoption of electric mobility, manufacturers like Hyundai are poised to take advantage of favorable policies, incentives, and infrastructure development. The company also plans to scale up local production of its EV models, targeting both Indian consumers and potential international buyers. In addition to meeting growing consumer demand for EVs, Hyundai is also focused on sustainability initiatives, which include reducing its carbon footprint through clean energy solutions and innovative vehicle technologies. The company's export strategy is expected to further boost its presence in the global automotive market while contributing to India's position as a major EV manufacturing hub. With strong government support, evolving infrastructure, and increasing consumer interest in electric vehicles, Hyundai Motor India’s potential entry into the global EV export market could significantly enhance its competitiveness and sustainability goals.

Next Story
Infrastructure Transport

CPCL crosses $10 million revenue milestone

Chaitanya Projects Consultancy (CPCL), a leading infrastructure and engineering consultancy, has surpassed $10 million in annual revenue for FY 2024–25, marking a five-year compound annual growth rate of 28.2 per cent—well above the industry average. Established in 2004, CPCL has delivered over 300 projects across highways, bridges, urban infrastructure, water, transport, and environmental sectors. Its achievements include over 600 km of six-lane highways, 2,000 km of national highways, and 100 major bridges. “Our goal has always been to improve India’s infrastructure,” sai..

Next Story
Resources

KPIL secures new orders worth Rs 37.89 billion

Kalpataru Projects International Ltd (KPIL), a major EPC player in power transmission and civil infrastructure, has secured new orders worth approximately Rs 37.89 billion along with its international subsidiaries. The orders include a significant contract in the Buildings and Factories (B&F) segment in India, marking KPIL’s largest B&F order to date. The project involves the development of over 12 million sq ft of residential space with supporting infrastructure, awarded on a design-build basis. Additionally, the company has won new transmission and distribution (T&D) order..

Next Story
Real Estate

Apartment loading rises to 40 per cent in top cities

Driven by rising demand for premium amenities, the average apartment loading across India’s top seven cities has reached 40 per cent in Q1 2025, up from 31 per cent in 2019, according to ANAROCK Research. The loading factor, or the area paid for beyond the usable carpet area, covers common spaces such as lobbies, staircases, and clubhouses. Mumbai Metropolitan Region (MMR) continues to lead with the highest loading at 43 per cent. Bengaluru saw the sharpest jump, from 30 per cent in 2019 to 41 per cent in Q1 2025. Chennai recorded the lowest average loading at 36 per cent. “Sixty..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?