STOCK MARKET BSE NSE

Hyundai working with Indian Oil Corooration to provide fast charging for electric SUV Kona

'The launch of Kona Electric is a part of Hyundai Motor India's commitment to invest 7,000 crore in Tamil Nadu,' the company said in a statement.

Published: 25th July 2019 12:07 PM  |   Last Updated: 25th July 2019 12:07 PM   |  A+A-

Hyundai Motor India Ltd's electric SUV KONA Electric (Photo | Twitter)

By PTI

CHENNAI: Hyundai Motor on Wednesday showcased its Kona electric Sports Utility Vehicle here, with the Korean car major saying work is on to set up fast charging facilities in select fuel stations in association with Indian Oil.

Hyundai Motor India Limited MD and CEO S S Kim said it was a moment of pride that "Kona Electric, India's first fully electric SUV will be made in Tamil Nadu from our state-of-the -art manufacturing plant in Chennai." For providing fast charging facility, Hyundai was working with Indian Oil Corporation to develop infrastructure at select fuel stations in Delhi, Mumbai, Bengaluru and Chennai, he said.

ALSO READ: Tamil Nadu CM flags of Hyundai Motor's KONA Electric car 

"HMIL will invest on the equipment and installation of these Fast Chargers (CCS Type Single Port). These chargers can charge 80 per cent of the battery capacity in less than an hour."

Kim said the car has has received an overwhelming customer response with 120 confirmed bookings within 15 days of its launch.

"This showcases customers' acceptance of global electric vehicle technologies and faith in brand Hyundai," he said.

The Kona SUV, priced at Rs 25.30 lakh (ex-showroom), was launched on July 9, with Hyundai claiming that it has a driving range of 452 km per charge.

ALSO READ: Hyundai Motor India to hike vehicle prices by up to Rs 9,200 from August

A Tamil Nadu government release said an MoU was signed at the Global Investors Meet in January this year between the state and Hyundai Motors.

As per the understanding, Hyundai committed to invest Rs 7,000 crore for its facility expansion at nearby Sriperumbudur, make an additional one lakh cars and manfacture electric vehicles, providing employment to 500 people.

"The launch of Kona Electric is a part of Hyundai Motor India's commitment to invest 7,000 crore in Tamil Nadu," the company said in a statement.

Earlier, Tamil Nadu Chief Minister K Palaniswami flagged off the lithium-ion battery powered vehicle at the Secretariat and went on a drive in the car along with his Cabinet colleagues, Deputy Chief Minister O Panneerselvam, Industries Minister M C Sampath and Publicity Minister Kadambur Raju.

Stay up to date on all the latest Business news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp