New Delhi, Mar 4 (PTI) India will play an important role in achieving Hyundai Motor Company's aim of selling 20 lakh electric vehicles globally by 2030, according to its president and CEO José Muñoz.

In a town hall meeting with Hyundai Motor India employees at the Gurugram office, he said the South Korean automaker plans to strengthen its electric vehicle portfolio in India.

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With Hyundai Motor Company's (HMC) target to sell 2 million EVs by 2030 globally, India will play an important role in achieving this milestone, he added.

He noted that HMIL is dedicated to making EVs more accessible and suited to Indian consumers' needs, aligning with the country's push for green and eco-friendly mobility solutions.

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HMC will continue to support HMIL to expand its EV offering and invest in the necessary infrastructure to support this shift.

Hyundai Motor India Ltd (HMIL) is the third-largest market in Hyundai's global operations, Muñoz stated.

HMIL's IPO has helped HMC to invest and expand in new products and additional production capacity in India, he added.

It has emerged as a world-class automotive manufacturing and regional export hub and is integral to Hyundai's global vision, Muñoz said.

To meet the growing demand for vehicles, HMIL's upcoming manufacturing facility in Talegaon, Maharashtra, will play an important role in improving local manufacturing capabilities, he added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)