With $2.45 Billion Investment in India, Can Hyundai Challenge China’s EV Dominance?

With $2.45 Billion Investment in India, Can Hyundai Challenge China’s EV Dominance?

ByNews Polite

Last week, South Korea’s Hyundai Motor announced that it will invest $2.45 billion (roughly Rs. 20,000 crore) in Tamil Naidu over the next 10 years to bolster its electric vehicle (EV) production in India. SNE Research which provides global market research and consulting to the rechargeable batteries industry ranked Hyundai…