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Hyundai CEO Jose Munoz Praises India as Key to Global Trade Strategy
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News18•13-10-2026, 19:15
Hyundai CEO Jose Munoz Praises India as Key to Global Trade Strategy
- •Hyundai Motor Company is expanding its investment footprint in India, citing the country as essential for navigating global trade uncertainties and shifting automotive policies.
- •The company plans to electrify about 50 percent of its vehicles in India by 2030, encompassing CNG, electric vehicles, hybrids, and fuel-cell vehicles.
- •Hyundai is celebrating its 30th anniversary in India and preparing to inaugurate its new plant in Pune, marking the group's third facility.
- •Hyundai intends to introduce 26 new vehicles in India across various segments, including entry-level electric vehicles, electric SUVs, and off-road vehicles.
- •Hyundai's global chief executive highlighted that the company relies on an integrated business ecosystem and long-term planning to manage risks and trade shifts effectively.
Key Questions Answered
Hyundai plans to have approximately 50 percent of its vehicles in India electrified by 2030, which includes CNG models, electric vehicles, fuel-cell vehicles, and hybrids.
Hyundai's Atlas humanoid robots are scheduled to begin production in the United States by 2028, with a total production capacity of 30,000 units to support manufacturing lines.
Hyundai is preparing to introduce 26 new vehicles in India, encompassing various segments such as electric vehicles, entry EVs, SUV EVs, and off-road vehicles.
