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Hyundai to focus on electrification, autonomous, connected technologies to fuel growth in India

Observing the long-term growth prospects of the Indian auto industry, Auto major Hyundai aims to focus on various aspects like electrification, connected features, and autonomous technology as part of its future product strategy in the country, as per a top company official.

It also plans to enhance digitization across its all business verticals and focus on mobility services like subscription, hailing, and sharing verticals to fuel future growth in the country going ahead.

Kim, MD and CEO of Hyundai, said, “mobility services, electrification, connected features, and autonomous technology will define our future direction in the country.” He noted that there has been no delay in the development process of the low-cost EV, which it plans to launch in the country in the next 2-3 years.

Source: The Indian Express

Link: Hyundai to focus on electrification, autonomous, connected technologies to fuel growth in India | Business News,The Indian Express

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