Hyundai will be launching the Kona Electric SUV in July this year and will be pricing it aggressively in a bid to make it an affordable alternative for mainstream car buyers.
Though the scheme does not give any special consideration to electric vehicles, it has fortunately garnered a lot of positive attention from car makers to take the Indian market seriously as far as electric vehicles are concerned. Brands like Maruti Suzuki and Mahindra are already prepping for the launch of the electric Wagon R and the eKUV100 respectively. Hyundai Motor Group (Hyundai-Kia) have also announced that they will start local assembly of electric vehicles in India.

According to a report published by the Times of India, Hyundai-Kia Motors are finalizing their manufacturing plans of electric cars for the Indian market. The Hyundai motor group is looking at the possibility of partnering with LG for the batteries while also evaluating other international suppliers for the same.
Though the scheme does not give any special consideration to electric vehicles, it has fortunately garnered a lot of positive attention from car makers to take the Indian market seriously as far as electric vehicles are concerned. Brands like Maruti Suzuki and Mahindra are already prepping for the launch of the electric Wagon R and the eKUV100 respectively. Hyundai Motor Group (Hyundai-Kia) have also announced that they will start local assembly of electric vehicles in India.

According to a report published by the Times of India, Hyundai-Kia Motors are finalizing their manufacturing plans of electric cars for the Indian market. The Hyundai motor group is looking at the possibility of partnering with LG for the batteries while also evaluating other international suppliers for the same.
Both the companies are now undertaking a feasibility study in India for the purpose of sourcing local components and batteries and also understanding the India specific conditions. In an interview with TOI, Albert Biermann, President Of Hyundai Group's R&D division said that, “One reason why I am here in India is to better understand what's going on in the electric space here.”

And talking about local manufacturing of batteries, Biermann added, “We can import the technology, but when the market gets too competitive, we can also localize. We have a strong network of our sister companies and Korean suppliers. The Korean battery technology is leading across the world and we have strong partnerships, like with LG. So we can localize with those partners.”

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