Hyundai Motor India to Establish 600 Public Fast Charging Stations to Enhance Electric Vehicle Adoption

Hyundai Motor India has announced its intention to establish 600 public fast charging stations nationwide over the next seven years. This initiative aims to support the growing adoption of electric vehicles (EVs). On Friday, the company introduced the Creta Electric in India, with prices starting at Rs 17.99 lakh ex-showroom.

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Unsoo Kim, Managing Director of Hyundai Motor India, highlighted their commitment to creating a strong EV ecosystem. He mentioned that more than 50 charging stations are already operational in key cities and along national highways. The myHyundai app further enhances user experience by providing access to over 10,000 EV charging points across India.

Creta Electric's Role in EV Growth

The introduction of Creta Electric is expected to set new standards in India's EV market. Kim expressed confidence that this model will significantly contribute to the segment's growth. He described the vehicle as more than just an SUV, emphasizing its innovative technology, safety features, comfort, and sustainable driving experience.

Kim also noted Hyundai's strategic approach to its EV product lineup. The company offers a range of solutions tailored for diverse Indian consumers, covering petrol, diesel, CNG, and electric mobility. Hyundai is equipped to produce all powertrain options in-house, ensuring readiness for both present and future demands.

Expanding Charging Infrastructure

Tarun Garg, Chief Operating Officer of Hyundai Motor India, shared insights on the anticipated impact of new mass-market products like Creta Electric. He believes these introductions, along with improved charging infrastructure, will drive the growth of electric mobility in India.

Garg emphasized the importance of localising the entire EV supply chain to enhance efficiency and reduce costs. He projected that EV penetration could rise from the current 2.5% to 15-20% by 2030. Garg anticipates a potential doubling of the EV market by 2025-26, driven by models like Creta Electric.

Future Plans for EV Expansion

Hyundai plans to launch additional EV models in the domestic market over the coming years. Garg highlighted that new model introductions by major original equipment manufacturers (OEMs) would further stimulate segment growth. He also noted significant advancements in charging infrastructure as a crucial factor in this expansion.

The company's efforts align with its vision for a sustainable future in India's automotive industry. By investing in infrastructure and expanding its product offerings, Hyundai aims to play a pivotal role in accelerating the transition to electric mobility across the country.