Hyundai Motor is set to significantly boost its export ambitions through a Rs 25,000 crore IPO, aiming to launch a new fleet of electric vehicles (EVs) by 2028. The company plans to introduce a range of EVs over the next four years, with a particular focus on the U.S. market. Hyundai's CEO announced that the new $7.6B Metaplant in Georgia will prioritize EV production. Hyundai India is also targeting strong growth for FY24, having recorded ₹5,21,579.11 crore in sales and ₹4,382.87 crore in profit from April to December.
Hyundai says EVs are 'top priority' in the US with massive $7.6B Metaplant opening soon https://t.co/1J7rq2lQ32 by @EVPeteJohnson
#HyundaiIndia eyes strong FY24 growth 📈 April-Dec saw ₹5,21,579.11 cr in sales, ₹4,382.87 cr in profit 💼 Know more on it here👇 https://t.co/sfqle9KPzE #Growth #Sales #Profit
Hyundai Motor's envisioned U.S. plant in Georgia to prioritize EVs: CEO https://t.co/J24tAYmgfo
Boost for #HyundaiMotor export plans, as auto co plans to launch slew of #EVs over next 4 years https://t.co/S9Y3GdZyio
Hyundai to ‘electrify’ its export ambitions via Rs 25k cr IPO! New EVs fleet to launch by 2028 – Details https://t.co/egKLGcCZYc