- Hyundai Motor Group to establish mid- to long-term strategies to solidify its position as a leading mobility provider in India
… Hyundai Motor India to establish an annual production system of one million units by 2025; Combined with Kia India, Hyundai Motor Group to be able to annually produce 1.5 million units annually in India
… Electrification strategy to strengthen leadership in the Indian EV market by expanding EV local production and lineups as well as creating EV ecosystems
- Executive Chair Chung also had a town hall meeting to share visions and strengthen trust with Hyundai Motor India employees
… Approximately 400 local employees attended the site, while over 3,000 joined through a video connection across all Hyundai Motor sites in India
… Executive Chair highlighted the Group’s customer-centric philosophy, strategic importance of India as well as electrification strategies and future directions
- Hyundai Motor Group to continue seek future growth strategies in India, which has emerged as the world’s fifth largest economy and top three automobile markets