Hyundai, Kia, and Exide Energy Join Hands to Boost EV Battery Production in India

Monday, 8 April 2024, 07:44
Hyundai Motor and Kia have inked a deal with Exide Energy Solutions to drive the localization of EV battery manufacturing for the growing Indian market. This partnership aims to enhance sustainability, innovation, and market presence in the electric vehicle sector. The move signifies a strategic step towards meeting the increasing demand for eco-friendly transport solutions in India.
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Hyundai, Kia, and Exide Energy Join Hands to Boost EV Battery Production in India

Hyundai and Kia's Partnership with Exide Energy

Hyundai Motor and Kia have recently collaborated with Exide Energy Solutions to localize electric vehicle battery production for the Indian market. This move is a part of their strategic efforts to boost sustainability and innovation in the EV space.

Key Highlights:

  • Enhanced Local Production: The partnership focuses on manufacturing EV batteries within India to cater to the rising demand for electric vehicles in the country.
  • Market Expansion: By teaming up with Exide Energy, Hyundai and Kia aim to strengthen their market presence and drive adoption of eco-friendly transport solutions.
  • Future Prospects: The collaboration highlights a significant step towards achieving sustainable mobility and reducing carbon footprint in India's automotive industry.
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