Hyundai Motor India plans to make Pune A Global Export Hub by 2030

​Hyundai Motor India is planning to take a bold step in the Indian automotive market. The brand has decided to level up its game in the production and manufacturing of electric vehicles in India. As the market is evolving, many changes in the infrastructure are happening for sustainable mobility. So, with the fear of running out of a charger, Hyundai has found the answer to those challenges in the electric segment.

The brand has showcased a future roadmap at its first CEO Investor Day held outside Korea. At the event, Hyundai revealed that by the end of 2027, it will introduce a new era of vehicles called the Extended Range Electric Vehicles (EREVs). This new generation of EVs will be an upgrade of its predecessors. This new category of vehicles will be developed in its Pune facility and set up a new benchmark for sustainable mobility in India.

Roadmap for 2030

This strategic move aligns with Hyundai’s global 2030 vision to sell 5.55 million vehicles annually, with electrified models comprising 60% of that total. To achieve such a set of figures, the brand needs India to be a major contributor to the Vision 2030. Being one of the largest growing economies in India, Hyundai is making a localized supply chain and production capacity in Pune itself. This strategic development will not only serve domestic buyers but also position the country as a significant export hub.

India’s First Locally Designed Electric Vehicle

India is one of the centers of Hyundai’s future. The upcoming EV will be the company's first vehicle designed and built specifically for Indian roads. Maruti will manufacture all vehicles, and they will be based on market conditions and consumer preferences. All the vehicles produced will be the extended-range electric vehicle that would travel around 980 km on a single charge. These vehicles might prioritize affordability, practicality, and local sourcing, reflecting Hyundai’s dedication to addressing India’s unique market dynamics.

One of the most important highlights of this event was that the Korean automaker has also passed a resolution to introduce 18 new hybrids for the people of India by 2030. In addition to Kia, Hyundai intends to bring its premium luxury brand, Genesis, to India. With this, Hyundai has also lifted the curtain on the introduction into the midsize pickup truck segment around the world.

Also Read: Hyundai Motor India Powers Ahead with 119 Fast EV Charging Stations, Driving Clean Energy Milestone and Carbon Reduction

Expansion of Pune Plant

The biggest challenge for Hyundai as a brand is the expansion of the Pune manufacturing plant. The brand revealed that with a massive expansion plan, it has to increase its global production capacity by adding 1.2 million units by 2030. This growth positions Pune as a central production unit in Hyundai’s global production network.

The expansion of the Pune facility will support both domestic sales and exports, thanks to a fully localized ecosystem encompassing design, manufacturing, and supply chain operations. This enhances operational efficiency and builds a sustainable model for EV production in India.

Focus on Localization and Sustainability

To achieve such intense sales figures, Hyundai India's EV strategy should be a fully localized supply chain designed to reduce costs and improve serviceability. This not only drives affordability for Indian consumers but also aligns with global sustainability principles by minimizing supply chain emissions and dependence on imports. The brand is also advancing next-generation technologies, such as software-defined vehicles, and is also developing EREVs for the 2030 vision.

CarBike360 Says

Hyundai’s 2030 strategy encompasses a comprehensive portfolio expansion, including 18 new hybrid models and a robust EV lineup. India’s inclusion in this vision. With its first homegrown EV and a significant export hub, it underscores Hyundai’s commitment to local markets. As Pune emerges as a state-of-the-art production and export facility, and with the launch of its first India-specific EV, Hyundai is reshaping the electric vehicle landscape.