Unsu Kim, MD & CEO, Hyundai India said, “The company is announcing its partnership with Tata Power to facilitate and strengthen India’s strong EV ecosystem and enhance the common vision on sustainable transportation. Hyundai reaffirms its vision to integrate social responsibility with economic prosperity and community welfare.”
He added that such a strategic partnership is crucial to accelerate the adoption of EVs by customers to achieve the national goal of carbon neutrality. This partnership will power the country’s electric mobility mission by offering end-to-end EV charging infrastructure at company dealerships, along with supply, installation and commissioning of home charging for Hyundai EV customers.
As part of the tie-up, Hyundai EV owners will be offered exclusive tariffs and end-to-end home charging solutions from supply to installation. The Korean automaker is planning to launch the Ionic 5 (IONIQ 5) during the festive season this year. The company has already announced that it will introduce six models of its battery operated electric vehicle (BEV) in the country by 2028 for which the company is going to invest Rs 4,000 crore.
Praveer Sinha, MD and CEO, Tata Power said, “Our association with Hyundai Motor India is in line with the Government of India’s National Electric Mobility Mission and demonstrates our commitment to lead India’s clean energy and zero emissions goals. “
Hyundai said Tata Power’s expertise in the EV charging space, coupled with comprehensive charging solutions and nationwide ownership of Hyundai vehicles, will aid in the development of sustainable infrastructure for electric vehicles. Hyundai will provide the facility through its dealership, location and necessary administrative approvals, while Tata Power will operate and maintain the charging stations.
It is being said in the report that Hyundai India can launch its second electric car, Ionic 5 (Hyundai Ioniq5) in India this year. It will be brought to India as a Completely Built Unit (CBU). Once launched in India, it will compete with the Audi eTron. This is the company’s first electric car to be built on a modular platform.
The Hyundai Ionic 5 is claimed to offer better range and power. The car is said to be powered by a 3.5 kW Lithium Ion battery which gets charged for a range of 100 kms in just 5 minutes of charge. This car can accelerate from 0-100 kmph in just 5 seconds. On a single charge, this car will provide a range of 450 km.