Hyundai joins hands with Shell to set up EV charging stations in India
Hyundai Motor India Limited has signed a Memorandum of Agreement (MoU) with Shell India Markets Private Limited to establish electric vehicle (EV) charging stations across India. With this, Shell will install 60kW DC fast charging points at 36 Hyundai dealerships throughout the country, aimed at accelerating and promoting the adoption of EVs. Notably, Hyundai EV customers will also get exclusive benefits when charging their electric vehicles at Hyundai dealerships. While Shell will be installing 60kW chargers, it will also explore the feasibility of installing 120kW ultra-fast chargers.
Hyundai EV charging network
Hyundai charging network currently consists of 72 EV-specific touchpoints spread across 45 cities in India. Under phase 1 of the plan, the carmaker has already completed the installation of EV charging stations, and phase 2 involves setting up stations at the 36 Hyundai dealerships in collaboration with Shell India.
Speaking on the occasion, Unsoo Kim, MD and CEO, Hyundai Motor India, said, "We are glad to announce our partnership with Shell India to further expand Hyundai's EV ecosystem in India and enhance our BEV charging network. Such strategic partnerships are fundamental in accelerating the adoption of electric vehicles by customers to achieve national goal of carbon neutrality. This partnership will power-up the nations' electric mobility mission by offering end-to-end EV charging infrastructure at HMIL Dealerships."
Hyundai's India investment plan
Hyundai Motor India recently inked an MoU with the government of Tamil Nadu, outlining its investment plans. Over the next decade, Hyundai plans to invest Rs. 20,000 crore in a phased manner, with a focus on establishing a new EV battery pack assembly plant in Tamil Nadu. This facility will have an annual production capacity of 1.78 lakh battery packs. Furthermore, Hyundai intends to expand its manufacturing plant in the state, increasing its annual production capacity to 8.5 lakh units.
In addition to dealership installations, Hyundai aims to add 100 new EV fast charging stations along major highways in the coming years. These stations will feature both 60kW and 150kW units, enhancing the accessibility of fast charging infrastructure for EV users.
As part of its long-term plan, Hyundai is not only expected to develop mass-market electric vehicles tailored to emerging markets, such as India, but also to introduce its global products, such as the Ioniq 6. Looking ahead, the brand has ambitious plans to introduce six EVs in India by 2028, including a mass-market electric vehicle based on an ICE platform, set to arrive by 2024.
Hyundai India EV line-up
Hyundai's current EV lineup in India includes the Kona EV and the all-electric Ioniq 5. The Kona Electric promises an ARAI-certified range of 452km and its electric motor makes 136PS and 395Nm of torque. Its prices start at Rs 23.83 lakh (ex-showroom, New Delhi). Meanwhile, the recently launched Ioniq 5 boasts a 72.6kWh battery pack, offering an ARAI-certified range of 631km. It is equipped with a single electric motor producing 219PS of power and 350Nm of torque. Notably, Hyundai locally assembles the Ioniq 5 EV in India.
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