Hyundai India Targets RE100 Benchmark With 100 Percent Renewable Energy By 2025
1 year ago

Hyundai India Targets RE100 Benchmark With 100 Percent Renewable Energy By 2025

News 18  

Hyundai Motor India has announced its goal to achieve 100 percent renewable energy usage by 2025, aligning with the global RE100 benchmark. Hyundai’s strategy includes the procurement of green electricity from the Indian Energy Exchange, boosting its renewable energy portfolio to 64 percent. This effort has already resulted in substantial energy savings, equivalent to approximately 19,200 tonnes of oil, through various energy management projects implemented across its facilities in India. Gopala Krishnan CS, Chief Manufacturing Officer at HMIL, emphasised Hyundai’s dedication to environmental responsibility in an official press release, stating, “Our operations are driven by a strong sense of responsibility towards the environment and our communities.” He highlighted Hyundai’s proactive role in contributing to long-term sustainable development goals and outlined the company’s comprehensive sustainability initiatives focused on carbon neutrality, energy transition, circularity, clean tech products and services, operational eco-efficiency, and natural capital conservation.

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History of this topic

Hyundai Motor India achieves 92% localisation in manufacturing
1 month, 3 weeks ago

Hyundai Motor India achieves 92% localisation in manufacturing

The Hindu  

Hyundai Motor India Ltd said it has achieved 92% localization in manufacturing and has commenced local assembly battery-packs at a newly commissioned facility within HMIL’s Chennai manufacturing facility towards its commitment to ‘Make-in-India’. “HMIL’s localisation efforts have led to forex savings of $672 Million since 2019, and have fostered direct employment opportunities for over 1,400 people,” the company said in …

Hyundai Motor India to raise car prices by up to ₹25,000 across models from January 2025 due to rising costs
3 months, 1 week ago

Hyundai Motor India to raise car prices by up to ₹25,000 across models from January 2025 due to rising costs

Live Mint  

Hyundai Motor India on December 5 said that it will hike prices of all its cars by up to ₹25,000 from January 2025, due to rising costs impacting profitability, according to a Reuters report. “At Hyundai Motor India, our endeavor is always to absorb rising costs to the extent possible, ensuring minimal impact on our customers. About Hyundai Motor India …

Hyundai India to set up a solar and wind energy plant in Tamil Nadu for 100% renewable energy transition goal
3 months, 3 weeks ago

Hyundai India to set up a solar and wind energy plant in Tamil Nadu for 100% renewable energy transition goal

Hindustan Times  

Hyundai Motor India Limited will be setting up two renewable energy plants in Tamil Nadu for ₹38 crore as part of its target of transitioning to using 100% renewable energy by 2025. “Through this agreement, we will be supplying HMIL with over 25 crore units of clean energy every year, which will help the company mitigate CO2 emissions by 2 …

Hyundai to set up 2 renewable energy plants with Rs 38 crore investment in Tamil Nadu
3 months, 3 weeks ago

Hyundai to set up 2 renewable energy plants with Rs 38 crore investment in Tamil Nadu

India Today  

Hyundai Motor India has announced that it will set up two renewable energy plants with an investment of Rs 38 crore in Tamil Nadu. The strategic partnership aims to enhance Hyundai's renewable energy portfolio and transition to 100% renewable electricity across its manufacturing operations by 2025. As part of the partnership, Hyundai will invest Rs 38 crore towards setting up …

Hyundai Motor Group to make India a global export hub: Says the chief
10 months, 2 weeks ago

Hyundai Motor Group to make India a global export hub: Says the chief

India TV News  

Hyundai Motor Group's chief visited India recently and laid out a vision to bolster its operations there to utilise the country as a key export hub for the South Korean automaker. Euisun Chung, Hyundai Motor Group's executive chair, visited the group's Indian headquarters in Gurugram, Haryana on Tuesday and discussed medium- to long-term strategies for the Indian market with employees. …

Hyundai, Kia partner with Exide Energy for EV battery localisation in India
11 months, 1 week ago

Hyundai, Kia partner with Exide Energy for EV battery localisation in India

Business Standard  

India is a key market for vehicle electrification due in part to the government's carbon neutrality goals South Korean auto majors Hyundai Motor Company and Kia Corporation on Monday announced a partnership with homegrown battery maker Exide Energy Solutions Ltd for electric vehicle battery localisation in India. Hyundai Motor Company and group firm Kia Corporation have signed a Memorandum of …

Hyundai Launched Rapid EV Charging Stations Across India, Making Electric Travel Easier
1 year, 1 month ago

Hyundai Launched Rapid EV Charging Stations Across India, Making Electric Travel Easier

News 18  

Hyundai Motor India Ltd., known for its smart mobility solutions, has successfully expanded its Ultra-High Speed Public EV Charging Network in key cities and highways across India. According to press release, Mr. Jae Wan Ryu, Executive Director of Hyundai Motor India Ltd., stated, “At Hyundai Motor India Ltd., we have always strived to create new benchmarks and lead the industry …

Hyundai claims second position in India is defensible
2 years, 8 months ago

Hyundai claims second position in India is defensible

Live Mint  

South Korean carmaker Hyundai Motor Company’s India unit believes it can regain its long-standing number-two position in the Indian passenger vehicle market, even as competition from homegrown automaker Tata Motors is intensifying and “raising the benchmark” for the company. Tata Motors overtook Hyundai as the country’s second-largest PV maker in India in May, selling 43,341 units, compared to 42,293 units …

Hyundai to launch six pure electric vehicles in India by 2028, to invest Rs 4,000 crore into EV R&D
3 years, 3 months ago

Hyundai to launch six pure electric vehicles in India by 2028, to invest Rs 4,000 crore into EV R&D

Firstpost  

Over the next six years, Hyundai India will introduce six battery EVs built on modified versions of existing platforms as well as on the E-GMP architecture. In big news for the Indian automotive sector, Hyundai has announced it will invest around Rs 4,000 crore to launch six all-electric vehicles in India by 2028. The first of these six models – …

Hyundai plans 6 EVs by 2028, to invest ₹4,000 cr.
3 years, 3 months ago

Hyundai plans 6 EVs by 2028, to invest ₹4,000 cr.

The Hindu  

Hyundai Motor India plans to invest about ₹4,000 crore for research and development over the next seven years as it looks to roll out six new electric vehicles in India by 2028. “We will be investing ₹4,000 crore for R&D towards expansion of our Battery Electric Vehicle line-up to six vehicles for the Indian Market by 2028,” S.S. Kim, MD …

Hyundai to slash combustion engine line-up, invest in EVs
3 years, 9 months ago

Hyundai to slash combustion engine line-up, invest in EVs

The Hindu  

Hyundai Motor Group will slash the number of combustion engine models in its line-up to free up resources to invest in electric vehicles, two people close to the South Korean automaker told Reuters. While Hyundai did not specifically address a Reuters query on its plans for combustion engine models, it said in an email on Thursday that it was accelerating …

Hyundai, Kia to invest $7.4 billion in U.S. to produce future EVs
3 years, 10 months ago

Hyundai, Kia to invest $7.4 billion in U.S. to produce future EVs

India Today  

Hyundai Motor Group, which includes Hyundai Motor Company and Kia Corporation, announced its plan to invest $7.4 billion in the U.S. by 2025 to produce future EVs, enhance production facilities and further its investments in smart mobility solutions. Hyundai Motor’s investment will enhance overall product competitiveness by prioritizing future mobility technologies, including electrification and hydrogen energy. Hyundai and Kia will …

Hyundai Motor India Board gets two new Whole Time Directors
4 years, 6 months ago

Hyundai Motor India Board gets two new Whole Time Directors

India Today  

Hyundai Motor India has announced the addition of two new Directors -- Ganesh Mani S and Tarun Garg -- on its Board as Whole Time Directors. Hyundai Motor India Production Director Ganesh Mani S and Hyundai Motor India Sales, Marketing and Service Director Tarun Garg will hold the office as Whole Time Directors for three years with effect from August …

Hyundai Motor India showrooms re-open, 170 vehicles retailed in 2 days
4 years, 10 months ago

Hyundai Motor India showrooms re-open, 170 vehicles retailed in 2 days

India Today  

With the government providing considerable relaxations amid the extension of the nationwide lockdown till May 17, operations have re-started at 255 Hyundai Motor India showrooms and workshops across the country. Besides, Hyundai Motor India has garnered 500 bookings and received 4,000 customer inquiries during the same period. To boost customer sentiment, Hyundai Motor India has also introduced a first of …

Hyundai Motor India domestic sales rise 2 per cent in November 2019
5 years, 3 months ago

Hyundai Motor India domestic sales rise 2 per cent in November 2019

India Today  

Hyundai Motor India has reported a 2 per cent rise in domestic sales to 44,600 units in November 2019. The jump in domestic sales comes as a relief for Hyundai Motor India, which had been reeling under pressure for the past few months with the numbers plunging 3.8 per cent in October 2019, 14.8 per cent in September 2019, 16.58 …

Hyundai Creta, Verna, Elite i20, Grand i10, Santro, Xcent, Elantra, Tucson: Check out all September offers
5 years, 5 months ago

Hyundai Creta, Verna, Elite i20, Grand i10, Santro, Xcent, Elantra, Tucson: Check out all September offers

India Today  

With the onset of the festive season, all the major carmakers of the country are offering exciting benefits and when the discussion is about the prominent automobile companies a name that invariably comes to the mind is Hyundai Motor India. Hyundai Motor India had reported a 9.54 per cent decline in cumulative sales to 56,005 units in August 2019. -- …

Toyota’s India plant is its greenest in the world
6 years, 6 months ago

Toyota’s India plant is its greenest in the world

Live Mint  

Bidadi: India’s fight against pollution has a new hero in Toyota Motor Corp., the world’s top automaker by volume. Toyota’s Bidadi plant near India’s software hub of Bengaluru has been declared the greenest among 56 plants run globally by the Japanese company. The Bidadi factory is now a “model plant” for the company’s operations worldwide, said Raju B. Ketkale, senior …

Hyundai joins hands with car-sharing firm Revv in India; to expand biz in future mobility
6 years, 6 months ago

Hyundai joins hands with car-sharing firm Revv in India; to expand biz in future mobility

Firstpost  

Hyundai’s partnership entails development of an innovative way of car sharing service and conducting creative marketing activities in India New Delhi: South Korean automaker Hyundai today announced a partnership with self-drive car-sharing firm Revv in the country. The company’s strategic investment and partnership will enable both Hyundai Motor and Revv to build competency and the technology necessary for leading the …

Hyundai to launch electric SUV in India next year
6 years, 7 months ago

Hyundai to launch electric SUV in India next year

India TV News  

South Korean auto major Hyundai plans to launch an electric SUV in India next year as it prepares to test the country's EV market before going full throttle with local manufacturing for such vehicles, a top company executive said. Koo said the company plans to launch eight new models in the country by 2020, including the electric SUV next year. …

Hyundai to drive in an electric SUV in India next year
6 years, 7 months ago

Hyundai to drive in an electric SUV in India next year

India TV News  

South Korean auto major Hyundai plans to launch an electric SUV in India in the second half of next year, a top company executive said. Koo said the company plans to launch eight new models in the country by 2020 and also enhance production capacity to 10 lakh units a year by first quarter of 2021. Hyundai aims to roll …

Hyundai may launch its electric car before Maruti Suzuki
7 years, 1 month ago

Hyundai may launch its electric car before Maruti Suzuki

Live Mint  

New Delhi: Hyundai Motor India Pvt. Ltd, India’s second largest car maker, plans to launch its first electric car in India by 2019, a year earlier than arch rival Maruti Suzuki India Ltd plans to enter the segment. The company has not decided whether it would bring its electric car brand Ioniq or introduce a new vehicle on a sport …

Hyundai seeks to renew fuel cell car push with long-range SUV to wrest leadership
7 years, 11 months ago

Hyundai seeks to renew fuel cell car push with long-range SUV to wrest leadership

Live Mint  

Seoul: Hyundai Motor, the first carmaker to mass-produce fuel-cell vehicles, plans to unveil a new hydrogen-powered next year with longer driving range than rival offerings by Toyota Motor Corp. and Honda Motor Co. as it attempts to reclaim leadership in the field. South Korea’s largest automaker will show off the new model along with a new fuel-cell bus early next …

Hyundai Motor India aims to sell 6.5 lakh cars in 2013
12 years, 1 month ago

Hyundai Motor India aims to sell 6.5 lakh cars in 2013

India TV News  

New Delhi, Jan 24: Hyundai Motor India, the wholly-owned subsidiary of South Korea's Hyundai Motor Company, plans to sell around 650,000 units in 2013 - up from around 641,000 sold in 2012. The company also hopes to commission its $300 million flexible engine plant that can make diesel and petrol engines by the end of this year and launch new …

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