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Hyundai & Kia to locally produce batteries in India

Teslarati

Hyundai Motor Company and the Kia Corporation plan to produce electric vehicle (EV) batteries in India. to collaborate strategically in India’s EV market. Hyundai Motor is Kia’s parent company. Exide Industries has 75 years of experience as a market leader in lead-acid batteries.

India 89
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Hyundai, Kia partner with Exide Energy Solutions for EV Battery Localization in India

Electric Cars Report

Hyundai Motor Company and Kia Corporation signed a Memorandum of Understanding (MOU) for strategic cooperation with Exide Energy Solutions, a leading Indian battery company, as part of their electric vehicle expansion plans.

Kia 117
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Hyundai Motor and Kia sign MoU with Exide Energy for EV expansion in India – ET Auto

Baua Electric

This strategic cooperation with Exide Energy marks the beginning of Hyundai Motor and Kia’s efforts to expand its exclusive battery development, production, supply and partnerships in the Indian market. New Delhi: Hyundai Motor and Kia sign MoU with Exide Energy as part of their electric vehicle (EV) expansion plans.

India 40
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Hyundai Motor Group’s connected car services reach 10M global service subscribers

Green Car Congress

Hyundai Motor Group surpassed 10 million global connected car service subscribers this month. Hyundai Motor, Kia and Genesis currently operate Bluelink, Kia Connect and Genesis Connected services. As the global market for the services expand, the number of overseas subscribers is growing faster than in Korea.

Connect 221
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Kia’s made-in-India SUV and MPV exports cross 250,000 units | Autocar Professional

Baua Electric

Kia, which commenced its Indian operations in August 2019, has shipped over 250,000 locally manufactured vehicles. As per data available with industry body SIAM, till end-April 2024, Kia India has dispatched a total of 252,830 units to overseas markets.

India 52
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Hyundai Motor to enter hybrid vehicle segment in India in 3 years | Autocar Professional

Baua Electric

Hyundai Motor India, the second largest car maker in the country, is set to enter the hybrid vehicle segment in the coming three years. Chung had addressed a town hall earlier in April offering a long-term strategy for the Indian market. Globally too Hyundai Motor is pushing for hybrids.

India 52
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Hyundai Motor Group Chairman Euisin Chung visits India amid IPO buzz | Autocar Professional

Baua Electric

Amid buzz around the Initial Public Offering in India, the global CEO and Chairman of Hyundai Motor Group visited the country this week to review the local operations, Autocar Professional learns exclusively. India is the third largest market for Hyundai Motor Group and accounts for 14% of its global sales.

India 52