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Hyundai Motor India eyes 15% market share in EV segment backed by new launches

Prerna Lidhoo and Ketan Thakkar     calendar22 Oct 2024

"Our upcoming four models and their localization will help us drive volumes and margins," said Hyundai Motor India COO, Tarun Garg.

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Mercedes-AMG G 63 debuts with electrified V8, advanced off-road  tech News
Mercedes-AMG G 63 debuts with electrified V8, advanced off-road  tech

autherAutocar Pro News Desk calendar22 Oct 2024

The new model marks a significant evolution for the luxury SUV that has been in production since 1979.

Škoda Auto Volkswagen India plants over 700,000 trees in Maharashtra  News
Škoda Auto Volkswagen India plants over 700,000 trees in Maharashtra 

autherAutocar Pro News Desk calendar22 Oct 2024

The company’s Chhatrapati Sambhajinagar plant runs entirely on green energy.

Hyundai India stock falls as much as 4.6% after record IPO News
Hyundai India stock falls as much as 4.6% after record IPO

By Kiran Murali & Prerna Lidhoo calendar22 Oct 2024

In the first 30 minutes of trading, shares were trading at Rs 1,844.65 on the NSE, down 4.9% from the listing price.

The IPO will help us become a truly local champion in India: Hyundai's Jaehoon Chang  News
The IPO will help us become a truly local champion in India: Hyundai's Jaehoon Chang 

By Prerna Lidhoo & Kiran Murali calendar22 Oct 2024

The company will launch advanced EV models, localize EV supply chains and invest in EV infrastructure across India, C...

Hyundai Motor Group taking next big step in India with IPO, Executive Chair Euisin Chung News
Hyundai Motor Group taking next big step in India with IPO, Executive Chair Euisin Chung

By Kiran Murali and Prerna Lidhoo calendar22 Oct 2024

Hyundai India’s IPO, which was a pure offer of sale, is now the largest in India to date.

Hyundai India IPO: Shares start trading at Rs 1,934, a discount of 1.3% News
Hyundai India IPO: Shares start trading at Rs 1,934, a discount of 1.3%

autherKiran Murali calendar22 Oct 2024

This IPO is the largest in the country to date, surpassing Life Insurance Corp’s Rs 21,000-crore IPO two years ago.

Mercedes-Benz opens Europe's first battery recycling plant News International
Mercedes-Benz opens Europe's first battery recycling plant

autherAutocar Pro News Desk calendar22 Oct 2024

Mercedes-Benz becomes the first car manufacturer worldwide to close the battery recycling loop with its own in-house f...

Volkswagen Virtus crosses 50,000 units in domestic wholesale sales in India News
Volkswagen Virtus crosses 50,000 units in domestic wholesale sales in India

autherAutocar Pro News Desk calendar21 Oct 2024

Volkswagen recently introduced new variants of the Virtus- Virtus GT Line and Virtus GT Plus Sport in India.

Tata Punch sells 458,000 units since launch, is best-selling PV in January-September 2024 Analysis Sales
Tata Punch sells 458,000 units since launch, is best-selling PV in January-September 2024

By Ajit Dalvi calendar21 Oct 2024

Launched on October 18, 2021, the popular compact SUV sold with petrol, CNG and electric powertrains is both India’s b...