Hyundai Motor CEO underscores India’s role in company’s EV growth strategy

Hyundai Motor Ceo Underscores India's Role In Company's Ev Growth Strategy

Jose Munoz, Hyundai Motor's chief executive officer, speaks at a town hall meeting with employees at the automaker's Indian unit in Gurugram, India, Mar. 4. Courtesy of Hyundai Motor

Jose Munoz, Hyundai Motor’s chief government officer, speaks at a city corridor assembly with staff on the automaker’s Indian unit in Gurugram, India, March 4. Courtesy of Hyundai Motor

Jose Munoz, the chief government officer (CEO) of Hyundai Motor, held a city corridor assembly with staff in India this week to underscore the native unit’s significance within the automaker’s world electrical automobile (EV) progress technique, the corporate stated Wednesday.

Munoz, the primary international CEO of the Korean automotive big, held the assembly Tuesday with staff at Hyundai Motor India (HMIL) in Gurugram, India, and mentioned the corporate’s world imaginative and prescient and progress technique for the Indian market.

The CEO underscored the significance of HMIL in Hyundai Motor’s goal to globally promote 2 million EVs by 2030, saying that India will play an „vital function in attaining this milestone.“

„HMIL is the second-largest passenger automobile maker in India, an vital and rising market. On the identical time, India is the third-largest market in Hyundai’s world operations,“ Munoz stated.

He careworn that HMIL’s itemizing on the Indian bourse final yr helped Hyundai make investments and develop in new merchandise and extra manufacturing capability in India.

„In 2026, HMIL will rejoice 30 profitable years, fortifying Hyundai’s model promise within the nation. I’m assured that HMIL will proceed to set new data and benchmarks,“ Munoz stated. (Yonahp)

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