The trend of electric vehicles is increasing very fast in the Indian market. At the same time, many automakers are also working fast on this. At the same time, Hyundai will introduce the global battery electric platform in India with the Ioniq 5.
Hyundai will introduce the electric vehicle in the Indian market with the Ioniq 5. Along with this, Hyundai Motor India on Thursday said that it will introduce its global dedicated battery electric vehicle platform in the country with its upcoming model Ionic 5, which will be unveiled at the Auto Expo in January 2023 next year.
Electric Global Modular Platform
Let us tell you that the Ioniq 5 will be the company’s first model to be based on the Electric Global Modular Platform (E-GMP). Ansu Kim Nae, MD & CEO, of Hyundai Motor India, said, “With the introduction of e-GMP, we will be able to offer our customers in India a better-advanced battery electric vehicle. Which are modular, scalable, and based on multiple platforms.
The company says that to transform the future of electric mobility, we have started a new league of electric vehicles for the new age customers. Currently, the vehicle manufacturer sells Kona Electric in the domestic market.
4,000 crores invested
Last year, the South Korean auto major announced plans to invest around Rs 4,000 crore to roll out six electric vehicles in India by 2028. Not only this, the company is also planning to roll out a mix of models based on all new vehicles based on its global platform ‘e-GMP’ along with its existing range in the coming few years.
The company’s line-up of six electric vehicles (BEVs) will cater to several segments of the mass market and the premium segment at large in India. The company’s e-GMP platform features a massive battery of up to 77.4 kWh.