Hyundai has confirmed the launch of 2 new models from its Chennai plant, including a new mass-market electric car
Hyundai Motor India Limited (HMIL) has announced Tamil Nadu as its key EV hub in India, further strengthening its electric vehicle (EV) strategy. The company has also confirmed that two new cars will also be launched from its manufacturing plant in Chennai. The most important of these will be Hyundai’s first mass-market dedicated electric car for India, which will be launched by the end of 2026.
The announcement comes in line with the company’s new investment plans in Tamil Nadu, where Hyundai has already invested extensively in EV manufacturing. Although the company has not yet revealed the names of these two new models, it is believed that they may include a compact electric SUV and a new model based on the company’s new EV platform.
Hyundai is also emphasizing on localization for these upcoming electric cars. The company has set up the state’s first battery sub-assembly plant for EV powertrain in Tamil Nadu and is also localizing critical components such as power electronics. Currently the localization rate of the company is 82 percent, which is targeted to be increased to 90 percent in the next 5-6 years. This will reduce dependence on imports and promote domestic production.
Hyundai is also investing in charging infrastructure in view of future EV launch plans. Currently the company is operating 39 DC fast charging stations and 78 charging points in Tamil Nadu. These stations have been established in major cities and highway corridors. The company will further expand this network in the coming 2-3 years, especially as more affordable EVs are added to its portfolio.
Hyundai has also announced a strategic partnership with the Government of Tamil Nadu. Under this initiative starting from December 2027, training will be provided in areas like electric vehicles, hydrogen mobility, robotics, automation, artificial intelligence based manufacturing and smart factory technology.
Hyundai plans to invest more than Rs 26,000 crore in Tamil Nadu between 2023 and 2032. Besides, the company will also increase purchases from local suppliers in the state, on which around Rs 4,000 crore will be spent. This investment and expansion is expected to create approximately 2,000 new jobs in the coming 5-6 years. It is noteworthy that till now more than 39 lakh vehicles have been exported from Tamil Nadu to more than 150 countries, making the state an important center for India’s automobile and EV industry.