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The Indian electric vehicle (EV) market is expected to grow "strongly and steadily" through 2030, as many companies turn their focus to this segment, supported by strong government leadership, Unsoo Kim, managing director (MD) of Hyundai Motor India (HMIL), stated on Friday.
Kim's optimism comes at a time when electric car sales in India have been declining for several months now.
In September, 5,874 EVs were sold, marking an 8 per cent year-on-year (Y-o-Y) drop, according to data from the Federation of Automobile Dealers Associations (Fada).
HMIL's chief operating officer (COO) Tarun Garg stated that the company's first high-volume EV, the Creta EV, will be launched in the last quarter of the current financial year.
Bu hikaye Business Standard dergisinin October 12, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin October 12, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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