The European factory will serve as a large production base with an R&D center
BHEL has been expanding its footprints in the e-mobility business
Both parties plan to work together on product design and development
Will create an India centric, EV focused automotive technology platform
Enter into Capital Alliance Agreement
New concept model to hint at the future of Hyundai Motor’s EV design
Expected to reach $72.5 billion by 2025
Announces an additional commitment of $40M in investment to meet increased demand and product configurations
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