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Hyundai’s India expansion: Can Korean carmaker challenge China’s EV dominance

By Lee Kah WhyeSingapore, May 15 (ANI): Last week, South Korea’s Hyundai Motor Co announced that it will invest 200 billion rupees (USD 2.45 billion) in Tamil Naidu over the next 10 years to bolster its electric vehicle (EV) production in India.
SNE Research which provides global market research and consulting to the rechargeable batteries industry ranked Hyundai as the top sixth EV carmakers by sales in 2022. The Asian c