Latest news with #IONIQ5
Time of India
16-05-2025
- Automotive
- Time of India
Hyundai India sets sights on EV-led sales
Hyundai Motor India Limited (HMIL) is aiming to generate most of its sales from electric vehicles (EVs) by FY30, with electric powertrains expected to contribute more than ICE (Internal Combustion Engine) vehicles, said the top management. 'We are set to accelerate our presence in the EV market, building on the strong foundation laid in FY25 with the launch of the Creta Electric,' Unsoo Kim, MD, Hyundai Motor India, said. Currently, Hyundai India's electric portfolio, which reported sales of 3,969 units in the recently closed fiscal year, incorporates the newly debuted Creta Electric and IONIQ 5. The Creta Electric has received a good consumer response till now, added the management. Creta Electric's increased popularity has given a significant boost to the company's plan to delve into EVs across segments, identifying a 'blue ocean' of both mass-market and premium categories. The company has also decided to switch to DC fast chargers from AC chargers after observing the current EV market ecosystem. With six electric product launches in the pipeline, the company is expanding 89 operational EV chargers to 600 by 2032. With a focus on localisation of crucial components such as batteries, drivetrain/power electronics, and is open for collaborations with Indian partners for EV cells. The automajor is also focusing on robust EV infrastructure, localisation of its components through the new Talegaon plant opening. Focus on market share Hyundai has also outlined a major expansion strategy to regain its position in the Indian market as the carmaker observes a market share slide. Its market share dropped to 14 per cent in the last financial year--its lowest since FY13. The South Korean major is aligning 26 new launches and new powertrain technology inclusion to claw back its loosened position. The launch pipeline incorporates 20 ICE and 6 EVs with multiple hybrids (including a strong hybrid powertrain) by the decade's end, said Kim during the post-earnings call for Q4 FY25. "Looking ahead, we remain cautiously optimistic on the domestic demand outlook in the near term amid prevailing macro-turbulences and weakening customer sentiments,' said Unsoo Kim, MD, Hyundai Motor India. Though it hopes for a market recovery by RBI rate cuts and income tax reliefs. By FY27, Hyundai will roll out eight new models that are going to be a mix across powertrains, said COO, Tarun Garg . However, further details about the launches are expected to be revealed during the company's September investor meeting. Talegaon plant The South Korean automaker is planning to roll out its electric and ICE vehicles from its yet-to-be-operationalised Talegaon, Pune plant. It has planned a capital expenditure of ₹7,000 crore in the ongoing fiscal, with 40 per cent of the amount's infusion in its manufacturing plant in Pune, while 25 per cent will be for its product expansion, the management added. The production from the plant will commence from Q3 of FY26 to cater to the various market demands. However, the company also expects a short-term margin pressure due to the new plant opening. On the export front, the company has a growth projection of 7–8 per cent this fiscal. This projection aligns with its earlier aim to make India Hyundai's largest export hub after its home country.
Miami Herald
07-05-2025
- Automotive
- Miami Herald
Georgia Hyundai factory fined for violating state wastewater rules
Business Georgia Hyundai factory fined for violating state wastewater rules Georgia environmental regulators have fined the hulking Hyundai electric vehicle factory nearSavannah $30,000 for violating state wastewater disposal rules. The $7.6 billion facility, known as the Hyundai Motor Group Metaplant America, opened in October and is the largest economic development project in Georgia history. The plant manufactures two of Hyundai's EV models, the IONIQ 5 and the IONIQ 9. The fine levied by the Georgia Environmental Protection Division concerns the Metaplant's handling of its industrial wastewater. In a statement, Hyundai Motor Group Metaplant America spokesperson Bianca Johnson said the facility "has worked diligently with the EPD on all aspects of our wastewater management issues and improvements." "HMGMA (Hyundai Motor Group Metaplant America) has upgraded its wastewater treatment equipment and continues to work with the EPD to ensure compliance," Johnson added. Inside the Metaplant, metal finishing and other manufacturing processes produce hundreds of thousands of gallons of wastewater each month, according to contracts shared with The Atlanta Journal-Constitution. Hyundai's long-term plan for managing its wastewater is to pump it for treatment at a new water reclamation facility in Bryan County, where the factory is. But that plant is still under construction and won't be operational until later this year. In the meantime, Savannah had permitted Hyundai to release wastewater into the city's sewer system for treatment at the Travis Field Water Reclamation Facility near Savannah/Hilton Head International Airport. That arrangement didn't last long. In September, less than a month after Hyundai began sending effluent to Savannah, the company says it notified the city that its wastewater "exceeded their limits" and immediately halted its discharges. On Oct. 1, the city of Savannah sent a notice of violation to Hyundai showing that high levels of copper and zinc were detected in wastewater it received from Hyundai. The metal concentrations, Savannah water officials said, were disrupting the chemical treatments and bacteria Savannah uses to ensure wastewater is safe before releasing it into the environment. With the Savannah option off the table, Hyundai turned to another stopgap solution: Last fall, the Metaplant began storing wastewater on site and using outside companies to haul it to facilities in Georgia, Florida and South Carolina, according to an EPD consent order. The problem, EPD says, is that Georgia's water quality rules require factories like Hyundai's to obtain a separate permit before transferring wastewater to other facilities. Once the Metaplant was no longer a construction site, Hyundai's storage of wastewater in sewage tanks on site also violated state law, EPD said. The Metaplant's wastewater treatment issues were first reported by The Current. On top of the fine, EPD ordered Hyundai to submit a corrective action plan. Johnson, the Hyundai Metaplant spokesperson, said the company submitted the plan to EPD last week and is working with the agency on a final version. Trip Tollison, the CEO and president of the Savannah Economic Development Authority - which helped recruit the Metaplant to the Savannah area - said he was encouraged by Hyundai's work toward a permanent wastewater solution. "HMGMA is creating jobs and opportunities for thousands of Georgians, and we are confident they will continue to make positive contributions to the local economy while upholding their environmental responsibilities," Tollison said. The dustup is the latest stir the massive plant has caused in southeast Georgia, where water supplies are tight and closely managed. Hyundai's plan to pump millions of gallons of groundwater a day from a neighboring county for EV manufacturing has drawn pushback from farmers living near the wells who worry the factory's thirst could leave their own wells dry. Last fall, EPD approved permits for the wells in nearby Bulloch County. The nonprofit Ogeechee Riverkeeper, which has challenged local decisions concerning the Metaplant's environmental impact, said it was pleased with EPD's fine and expects "it will serve as a deterrent to industrial wastewater producers against any future violations." Copyright (C) 2025, Tribune Content Agency, LLC. Portions copyrighted by the respective providers.
Hans India
06-05-2025
- Automotive
- Hans India
Hyundai Motor India Celebrates 29 Glorious Years in India with 12.7 Million Units Sold Since Inception
Hyundai India, 29th Foundation Day, Manufacturing Excellence, Exports Milestone, CSR Initiatives, Future Mobility Hyundai Motor India Limited (HMIL) celebrated its 29th foundation day today. Established on May 06, 1996, HMIL has successfully emerged as one of India's most trusted automotive brands. As HMIL enters the 30th year of its journey in India, it will continue its unwavering dedication to excellence, innovation and customer centricity. Commenting on the occasion, Unsoo Kim, Managing Director, Hyundai Motor India Limited, said, 'Envisioning India at the heart of global manufacturing and commerce, Hyundai began its journey with the country 29 years ago with a vision of mutual progress. Today, we take immense pride in how far we have come - not just providing smart mobility solutions, but a future that reflects innovation, sustainability and a deep connection with our customers. Guided by our global vision of 'Progress for Humanity,' HMIL will continue to drive transformation in products and services, while contributing meaningfully to the society.' Hyundai began its India journey with the groundbreaking of its state-of-the-art manufacturing facility in Sriperumbudur, Tamil Nadu. Since then, this facility has advanced from strength to strength, emerging as the hub of manufacturing excellence. Operations at the manufacturing facility began in September 1998 with the commissioning of Hyundai's first integrated car manufacturing plant outside of the Republic of Korea. From SANTRO, to CRETA, to IONIQ 5, to IPO - Hyundai Motor India's growth story is intertwined with the journey of India. HMIL is today a household brand, committed to the development of this nation. To meet growing demand and position itself as a manufacturing hub, HMIL aims to achieve cumulative annual production capacity of 1 million units by operationalizing its state-of-the-art Talegaon manufacturing facility. HMIL as a regional hub of Hyundai Motor Company Over 3.7 million vehicles exported, reinforcing 'Make in India, Made for the World'. Key export milestones: 0.5 Mn in 2008 1 Mn in 2010 2 Mn in 2014 3 Mn in 2020 3.7 Mn in 2025 Largest passenger car exporter since inception, with shipments to over 150 countries. HMIL continues to stand among the top three global contributors to Hyundai Motor Company's sales, accounting for 18.5% of its global volumes in CY 2024. This plant is also a benchmark in green manufacturing and smart factory practices. Sowing #SeedsofGood Through Hyundai Motor India Foundation (HMIF), the company has invested INR 400 crore over the last five years, positively impacting over 2 million lives annually through diverse community initiatives. With its CSR initiatives under the core pillars of Earth, Mobility, and Hope, HMIF has championed change for good. Promoting such community-driven economic initiatives, HMIF helped generate income benefits worth over INR 40 crore, empowering local communities to achieve self-reliance. As HMIL steps into its 30th year in India, the company remains future-focused delivering advanced mobility solutions and enriching customer experiences, driving collective progress for the nation and its people.
Economic Times
06-05-2025
- Automotive
- Economic Times
In 29 years of existence, Hyundai invested $6 billion scaling up operations in India
ANI In 29 years of existence, Hyundai invested $6 billion scaling up operations in India Hyundai Motor India has invested USD 6 billion towards scaling up operations in India, as the South Korean multinational automaker completed 29 years of its presence here in the third largest automobile Motor India Limited (HMIL) celebrated its 29th foundation day on Tuesday, as per a statement from the automaker. Established on May 06, 1996, it has successfully emerged as one of India's most trusted automotive brands. As HMIL enters the 30th year of its journey in India, the automaker pledges that it will continue its unwavering dedication to excellence, innovation and Kim, Managing Director, Hyundai Motor India Limited, in the statement, said, "Envisioning India at the heart of global manufacturing and commerce, Hyundai began its journey with the country 29 years ago with a vision of mutual progress." "Today, we take immense pride in how far we have come - not just providing smart mobility solutions, but a future that reflects innovation, sustainability and a deep connection with our customers. Guided by our global vision of 'Progress for Humanity,' HMIL will continue to drive transformation in products and services, while contributing meaningfully to the society." Hyundai began its India journey with the groundbreaking of its state-of-the-art manufacturing facility in Sriperumbudur, Tamil Nadu. Since then, this facility has emerged as the hub of manufacturing excellence. Operations at the manufacturing facility began in September 1998 with the commissioning of Hyundai's first integrated car manufacturing plant outside of the Republic of SANTRO, to CRETA, to IONIQ 5, to the recent IPO - Hyundai Motor India's growth story is intertwined with the journey of India. Hyundai is today a household brand. To meet growing demand and position itself as a manufacturing hub, HMIL aims to achieve cumulative annual production capacity of 1 million units by operationalizing its state-of-the-art Talegaon manufacturing facility. HMIL is geared up to commence operations at its new manufacturing facility in Talegaon, Maharashtra, in fourth quarter of calendar year 2025, the statement noted. With over 3.7 million vehicles exported by far to over 150 countries, Hyundai has hugely contributed to the 'Make in India, Made for the World' endeavour: It reached 0.5 million unit exports in 2008, 1 million in 2010; 2 million in 2014; 3 million in 2020; 3.7 million in 2025. HMIL continues to stand among the top three global contributors to Hyundai Motor Company's sales, accounting for 18.5 per cent of its global volumes in 2024.
Globe and Mail
24-04-2025
- Automotive
- Globe and Mail
Hyundai Canada EV Road Trip: An Electrifying Adventure to the Arctic Ocean
Starting today, Canadian Hyundai IONIQ 5 owner Patrick Nadeau will drive from Hyundai Auto Canada's head office in Markham, Ontario all the way to the shores of the Arctic Ocean, an odyssey totalling over 15,000 kilometres Along this journey, Patrick Nadeau will create VR content that will be offered at no cost to organizations fighting paediatric cancer, in connection with Hyundai Hope on Wheels MARKHAM, ON , April 24, 2025 /CNW/ - Hyundai Auto Canada is proud to announce the launch of an unprecedented road trip, "The Hyundai Canada EV Road Trip," a bold project that will take a fully electric, 2025 Hyundai IONIQ 5 all the way to the shores of the Arctic Ocean, driving through five provinces and two territories across Canada . On Thursday, April 24 th, the 100 percent electric, multiple award-winning IONIQ 5 will depart from Hyundai Canada's headquarters in Markham, Ontario , and make its way west across Canada and north to the shores of Arctic Ocean in the hamlet of Tuktoyaktuk , in the Northwest Territories . Along this journey, the vehicle will be covering over 15,000 kilometres of diverse landscapes and remote northern roads. Behind the wheel of this exceptional expedition is Mr. Patrick Nadeau , an electric vehicle enthusiast who drove his own IONIQ 5 from Québec to Mexico in 2022. That journey captivated thousands of Canadians; generating support and intrigue from the EV community and was featured in numerous media outlets. By travelling over 15,000 kilometres without using a drop of fuel, Mr. Nadeau proved that long-distance electric travel is not only possible but also beneficial in many ways. A technological and human mission This project combines both technological ambition and human purpose. It aims to demonstrate that Hyundai's EV innovation through its Electric-Global Modular Platform (E-GMP) enables long-distance travel—even in remote areas—with a fully electric vehicle. The reliable performance of the IONIQ 5, combined with Canada's rapidly growing charging infrastructure, makes possible what many once thought unachievable - a journey to the heart of the Canadian Arctic with a fully electric vehicle. Of course, a journey like this also has its challenges. As Patrick and his IONIQ 5 make their way north, access to EV charging stations will become increasingly difficult, just like the road conditions. Ferries schedules and availability are also hard to predict given the high flow of water in Spring. Hyundai Canada and Mr. Nadeau will share the realities of this road trip in multiple ways throughout. Over the course of the approximate two-month journey spanning over 15,000 kilometres, Patrick Nadeau will produce exclusive content to be shared across Hyundai Canada's official social media channels. Canadians will be invited to follow the northern adventure through weekly updates, experiencing the challenges, discoveries, and unforgettable moments alongside him. A documentary-style travelogue is also planned to showcase the journey. But the project doesn't end there. In partnership with Hyundai Hope on Wheels —a Canadian nonprofit organization committed to the fight against paediatric cancer—Patrick will also capture immersive virtual reality experiences along the way. These will be offered free of charge to multiple hospitals across the country, allowing young patients to virtually explore the Arctic from their rooms during treatment. "This project is more than just a road trip. It's a statement of purpose. We believe in an electrified future that is accessible, reliable, and inspiring for all Canadians — from urban centres to the furthest reaches of the North," says Christine Smith , director of marketing at Hyundai Canada. About the vehicle To undertake this adventure, Patrick Nadeau will be driving a 2025 Hyundai IONIQ 5 Preferred with the Ultimate package. The sole alteration made to this cutting-edge electric vehicle is a vibrant, custom wrap designed to ensure high visibility for the project throughout this journey. For the rest, the IONIQ 5 remains identical to the model that Canadians can purchase at their local dealership. "As the owner of an IONIQ 5 with over 150,000 kilometres on the odometer, I know the vehicle well enough to trust that no modifications are needed to reach my destination safely," said Patrick Nadeau . "Owning an EV is not the same as a gasoline vehicle, it requires more planning, which EV owners quickly accept and adapt to. The reward for some extra planning is worth it – the joy of instant torque, low cost of ownership, savings on charging versus gas, and a reduced carbon footprint all contribute to my reasons for going electric and for undertaking this epic adventure." The Hyundai IONIQ 5 has taken the automotive world by storm since its launch. It has won numerous prestigious awards such as World Car of the Year, World Electric Car of the Year and World Design of the Year in 2022. Closer to home, it was also crowned Utility Vehicle of the Year and Green Vehicle of the Year in 2023 by the members of the Automobile Journalists Association of Canada (AJAC). For 2025, the IONIQ 5 is refreshed with numerous enhancements, including an available 84 kWh battery that allows an official range of up to 504 kilometres. To follow Patrick Nadeau's journey to the Arctic, please make sure to follow Hyundai Canada on Facebook, YouTube and Instagram. Media can also subscribe to Hyundai Canada's news alerts to get all the updates throughout this inspiring journey. About Hyundai Auto Canada Hyundai Auto Canada, established in 1983 and headquartered in Markham, Ontario , was the first subsidiary of Hyundai Motor Company outside of Korea. Hyundai offers Canadian consumers a technology-rich lineup of cars, SUVs, and electrified vehicles. Today, with over 250 dealerships across Canada , Hyundai is the official automotive partner of the National Hockey League Players' Association (NHLPA) and the National Hockey League (NHL®) in Canada . Hyundai has been recognized as one of the Top 50 Best Workplaces™ in Canada for the last five years by the Great Place to Work® Institute. More information about Hyundai and its vehicles can be found at For more information about Mr. Nadeau's journey and to speak directly with him, please contact: Jenn McCarthy National Manager, Product and Brand PR 416-770-0842 jmccarthy@ Frédéric Mercier Manager of Public Relations, Brand and Product 514-703-6474 fmercier@
