First India-specific Hyundai EV confirmed — 2030 roadmap
- 1Plans to introduce its first India-specific EV by 2030
- 2Aims to increase Pune plant’s production capacity by 2.5 lakh units
- 3Announced at the company’s first CEO Investor Day outside South Korea
Hyundai Motor Company has made some key announcements at its 2025 CEO Investor Day. Noteworthy takeaways relevant to the Indian context include plans for expansion at its Pune plant, and a new EV specifically designed for India. Read more about it here.
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Hyundai India future plans
The carmaker has stated that the Indian market will see Hyundai’s first tailor-made EV for India by 2030, which will be built via a localised supply chain. It also plans to increase its net global production capacity by 12 lakh units, 2.5 lakh of which shall be contributed by its Pune plant. Hyundai’s luxury arm — Genesis — is also expected to be introduced to India in the near future.
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Hyundai global future plans
Speaking of international markets, Hyundai aims to go big on EVs and hybrids. It has announced targets to achieve 55 lakh units of global sales by 2030, 33 lakh of which are expected to come from electrified vehicles. Its hybrid lineup shall be expanded to more than 18 models, including Genesis models.
The South Korean carmaker plans to launch its first mid-size pickup truck in North America by 2030. It also plans to invest 2.7 billion dollars and create over 3,000 jobs in Georgia. At its Singapore plant, it expects to produce 10 electrified models. You can read more about Hyundai’s plans announced at its CEO Investor Day here.
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