Hyundai Motor India will enhance its production capabilities to one million units by 2025. Combined with Kia India, Hyundai Motor Group will be able to annually produce 1.5 million units in India by 2025.
Hyundai Motor Company (Hyundai Motor) and Kia Corporation (Kia) signed a Memorandum of Understanding (MoU) for strategic cooperation with Exide Energy Solutions Ltd (Exide Energy), a leading Indian battery company, as part of their electric vehicle (EV) expansion plans.
New Delhi [India], November 6 (ANI): Nitin Gadkari, Union Minister of Road Transport and Highways and MSME, on Friday, said that the government is working towards making India a global automobile manufacturing hub in the next five years.