Hyundai Motor India to Build 600 EV Fast-Charging Stations By 2031

Hyundai Motor India plans to deploy around 600 fast charging stations for electric vehicles (EVs) throughout the country over the next seven years. By the end of this month, they aim to have about 50 of these stations in operation. So far, the stations have facilitated around 50,000 charging sessions, delivering over 7.30 lakh units of energy to more than 10,000 EV users, including those with Hyundai and non-Hyundai vehicles.

Commenting on the announcement, Jae Wan Ryu, Function Head – Corporate Planning, HMIL said, 'The EV market is expected to grow robustly by 2030. Studies conducted by HMIL have highlighted that customers are apprehensive about driving their EVs for long-distance commutes on highways due to a lack of charging infrastructure. Keeping this in mind, HMIL has taken the initiative of installing fast EV chargers on key highways, in addition to major cities. With access to HMC's global EV and battery technology, HMIL is well-positioned to build a comprehensive EV ecosystem in India. We are actively investing in infrastructure to support the expected growth in demand for electric vehicles.'

Also Read: Hyundai India to Increase Prices by up to Rs 25,000 from January 2025

MoU with Tamil Nadu Government

The South Korean automaker has partnered with the Tamil Nadu government to set up 100 electric vehicle (EV) charging stations across the state by 2027, with the goal of advancing the adoption of green mobility. By the end of 2024, 10 stations are expected to be operational. EV owners in Tamil Nadu will have round-the-clock access to these charging stations via the myHyundai app. Customers can use the 'EV Charge' feature via the app, which provides access to over 10,000 EV charging points nationwide. This service is provided through collaborations with partners like ChargeZone, Statiq, and Shell India.

HMIL’s charging stations are equipped with advanced chargers offering various configurations, including DC 150 kW + DC 60 kW + DC 30 kW, DC 150 kW + DC 30 kW, or DC 60 kW. These stations are strategically located in major cities such as Gurugram, Mumbai, Pune, Bengaluru, Hyderabad, Ahmedabad, and Chennai. The company has also expanded its network nationwide, installing stations along key highways including Delhi-Chandigarh, Delhi-Jaipur, Hyderabad-Vijayawada, Mumbai-Pune, Mumbai-Surat, Bengaluru-Pune, and Pune-Kolhapur.

Also Read: Hyundai India Year-on-Year Sales Decline 6.9% in November

Hyundai Sales Performance: November 2024

Hyundai's sales in November 2024 totalled 61,252 units, a 6.9% decline from the 65,801 units sold in the same month last year. Compared to October's 70,078 units, sales fell by 12.5%. In the domestic market, the company delivered 48,246 vehicles, a decrease of 2.4%, while exports dropped by 20.5%, with 13,006 units shipped compared to 16,350 in November 2023. On a year-to-date basis, Hyundai’s total sales fell slightly by 0.04% to 7.09 lakh units. Of this, 5.63 lakh units were sold domestically, up by 0.7%, while exports stood at 1.45 lakh units, a 2.8% drop. Between January and October 2024, Hyundai reported a 6% growth in overall sales, reaching around 6.48 lakh units, driven by a 1.1% rise in domestic sales and a 26.6% increase in exports.