Hyundai Localises Over 1.2k Parts & EV Battery Packs
ECONOMY & POLICY

Hyundai Localises Over 1.2k Parts & EV Battery Packs

Hyundai Motor India Limited (HMIL) is localising over 1,200 parts as well as battery packs as part of its manufacturing strategy, the company announced at the ongoing Bharat Mobility Expo in New Delhi. The company, which has already achieved up to 92per cent localization in manufacturing, has with Mobis India commenced local assembly of battery-packs at a newly commissioned facility within HMIL's Sriperumbudur manufacturing facility. 

The Hyundai Creta electric is the first model to come equipped with locally assembled battery-packs from the plant. The Korean company's localisation efforts have led to forex savings of Rs 56 billion plus since 2019 creating direct employment opportunities for over 1,400 people. HMIL is working with more than 194 vendors to localise over 1,238 parts at its Chennai manufacturing facility. Said Gopalakrishnan Chathapuram Sivaramakrishnan, whole-time director and chief manufacturing officer - HMIL, "Commissioning of the HMIL and Mobis India's battery-pack assembly plant is a key milestone in our localization and EV roadmap." In phase 1, the plant has an annual assembly capacity of 75,000 battery-packs. The plant can assemble a diverse range of battery-packs including NMC (Lithium-Nickel-Manganese-Cobalt Oxide) and LFP (Lithium-Iron-Phosphate) batteries. The battery-pack assembly plant will help optimize battery costs for HMIL and streamline battery availability for its EVs produced in India, the company said in a statement. 
                          

Hyundai Motor India Limited (HMIL) is localising over 1,200 parts as well as battery packs as part of its manufacturing strategy, the company announced at the ongoing Bharat Mobility Expo in New Delhi. The company, which has already achieved up to 92per cent localization in manufacturing, has with Mobis India commenced local assembly of battery-packs at a newly commissioned facility within HMIL's Sriperumbudur manufacturing facility. The Hyundai Creta electric is the first model to come equipped with locally assembled battery-packs from the plant. The Korean company's localisation efforts have led to forex savings of Rs 56 billion plus since 2019 creating direct employment opportunities for over 1,400 people. HMIL is working with more than 194 vendors to localise over 1,238 parts at its Chennai manufacturing facility. Said Gopalakrishnan Chathapuram Sivaramakrishnan, whole-time director and chief manufacturing officer - HMIL, Commissioning of the HMIL and Mobis India's battery-pack assembly plant is a key milestone in our localization and EV roadmap. In phase 1, the plant has an annual assembly capacity of 75,000 battery-packs. The plant can assemble a diverse range of battery-packs including NMC (Lithium-Nickel-Manganese-Cobalt Oxide) and LFP (Lithium-Iron-Phosphate) batteries. The battery-pack assembly plant will help optimize battery costs for HMIL and streamline battery availability for its EVs produced in India, the company said in a statement.                           

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code