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Automobiles

Hyundai to invest $530m to launch 6 EVs in India by 2028

Move comes as India pushes automakers to go electric

Electric vehicles account for under 1 % of total car sales in India, but the government is aiming for a share of 30% by 2030.   © Reuters

NEW DELHI (Reuters) -- South Korea's Hyundai Motor Co said on Wednesday it planned to invest 40 billion rupees ($530 million) to launch six electric vehicles in India by 2028, making a clean driving push in a country with some of the world's most polluted cities.

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