Hyundai Motor India Limited to install around 600 Fast Public EV chargers

Hyundai Motor India Limited (HMIL) aims to set up around 600 public EV fast charging stations across the country in the next 7 years. The company will have a network of 50 fast public charging stations by the end of December 2024. This ambitious initiative underscores HMIL's commitment to fostering sustainable mobility and is poised to play a pivotal role in India's transition to cleaner energy. Commenting on the announcement, Mr. 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." To date, HMIL's charging network has facilitated approximately 50,000 charging sessions, dispensing over 7.30 lakh units of energy to more than 10,000 Hyundai and non-Hyundai EV customers. HMIL