Hyundai lines up Rs 3,200 crore to ramp up India portfolio

The future product lineup will comprise an ‘affordable’ locally-made electric car that involves an investment of Rs 1,000 crore. The company is finalising localisation plans for electrics and may explore a partnership with group company Kia as the latter is also looking at domestic production of greens to make them affordable and competitive.

from Auto-Industry-Economic Times https://ift.tt/2ZulD0F