![EV import scheme may affect business: Hyundai](https://images.assettype.com/fortuneindia%2F2022-03%2Ffd23aaa7-0b79-416d-874e-582c6d45b3c0%2FHyundai_04299_copy.jpg?rect=0,0,2160,1080&w=300&q=95)
EV import scheme may affect business: Hyundai
The scheme to promote manufacturing of electric passenger cars in India will intensify competition in the industry, says Hyundai Motor India in its DRHP ahead of IPO.
The scheme to promote manufacturing of electric passenger cars in India will intensify competition in the industry, says Hyundai Motor India in its DRHP ahead of IPO.
The IPO will see Hyundai Motor India’s South Korean parent dilute its stake.
How the business strategy has moved from traditional models of product-based advantages to more innovative approaches that blend physical and digital assets to solve customer problems.
Sustainability takes centre stage as businesses combine economic and ESG goals.
The company's exports in January declined by 13.7% YoY to 10,500 units, whereas February exports plummeted by 5% to 10,300 units, according to SIAM data.
The carmaker announced the price increase owing to rising input costs, adverse exchange rate and an increase in commodity prices, among other reasons.
Hyundai Motor India says it has also received a 5-star safety rating for the Hyundai Verna from Global NCAP
The bookings of Hyundai Exter have already started across Hyundai dealerships or online at ₹11,000.
He said that Korea and Japan don’t stop the export of steel from India, but India can not sell a ton of steel in both countries because there is a “nationalist” spirit.”
The company says that the IONIQ 5 is equipped with vehicle-to-load technology, which supports up to 3.6 kW of power.