Hyundai to source more components locally for EV play, Auto News, ET Auto

Hyundai India's planning division is already conducting customer research to find out how much customers would be willing to pay for its electric vehicles. (Representational Image)
Hyundai India’s arranging division is previously conducting shopper study to locate out how significantly consumers would be inclined to pay out for its electric powered automobiles. (Representational Impression)

Mumbai: Hyundai Motor India, the country’s second-biggest carmaker, stated it was accelerating the localisation prepare for its electric powered automobiles (EV) as the federal government is established to hike essential customs duties on wholly-created as well as knocked-down EVs and components, producing imports extra highly-priced.

“We fully grasp the government’s route of Make in India. We will look to localise extra,” SS Kim, the taking care of director of Hyundai Motor India

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