South Korea's Hyundai Motor Co has begun developing a small electric car for India for the future even as it focuses on bringing more premium models to the country starting this year, an executive told Reuters on Thursday.
Various departments are working on issues such as charging ecosystem, sales network, manufacturing and the kind of assembly process the carmaker should have, Tarun Garg, director sales, marketing and service for Hyundai India, said in an interview.
While he did not comment on when the company would launch its small electric vehicle in India, Garg said the timing has to be right “so we are able to bring it at the right price”.The small EV is part of Hyundai's broader plan to invest 40 billion rupees to launch six electric vehicles in India by 2028, making a clean driving push in a country with some of the world's most polluted cities.
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