Our partnership with Hyundai Motor India is in line with the Indian government’s National Electric Mobility Mission Plan, demonstrating our commitment to helping India achieve its clean energy and net-zero ambitions. Dr. Sinha stated, “Tata Power’s expertise in the EV charging arena, along with comprehensive charging solutions and countrywide ownership of Hyundai vehicles, would contribute in the development of sustainable mobility infrastructure, supporting speedier EV adoption.”
Hyundai is building facilities dedicated to manufacturing electric vehicles (EVs) and batteries in Savannah, Georgia, marking Hyundai’s first EV-only plant in the US (via CNBC). The South Korean automaker will spend $5.5 billion on the new facilities and will receive an additional $1 billion investment from its suppliers.