Hyundai Motor India Could Takeover The GM Talegaon Plant, As HMIL Plans 6 New EVs For India-
Hyundai Motor India have shown interest in taking over the manufacturing unit located in Talegaon, near Pune, Maharashtra. This manufacturing unit earlier belonged to General Motors basically Chevrolet India, which made an exit from the market quite some years ago. Now, Hyundai Motor India Ltd. have even signed a proposition for acquiring this plant, but on the other hand according to the source, General Motors ka yeh plant Chinese car making giant Haval acquire karna chah rahi thi but eventually Haval couldn’t close the deal as they decided to pull out from the Indian market.
Hyundai Motor India Ltd. Future Plans In India: Complete Details-
Currently, Hyundai Motor India Ltd. ke paas India mein two manufacturing facilities hain both in Tamil Nadu, one is located in Irungattukotai and Sriperumbudur. Dono hee plants apni efficient capacities par operate kar rahe hain producing the cars available in their Indian portfolio for not only the Indian market but also for other global exports.
But agar Hyundai Motor India Ltd. ke future plans ki baat kare toh, earlier last year they confirmed that they are going to launch six new electric vehicles for the domestic market. Unlike the existing CBUs Hyundai Ioniq 5 and Kia EV6, yeh dono hee sister brands abb India mein hee apne global electric platform par EVs develop karenge for the masses.
Now talking more about this acquisition, Hyundai Motors India Ltd. ke iss acquisition plan ka sabse bada reason hain the upcoming new electric vehicles from the brand. Toh not only for producing newer cars but also, capacity increase hogi for the manufacturing unit and when brands like Hyundai have to cater to almost a 40% market share toh definitely abb purchasing power increase hote dekh new cars ki demand bhi increase hogi.
Hyundai ne recently apne iss potential acquisition par yeh kehna kuch iss prakar tha: “The proposed acquisition is subject to the signing of the ‘Definitive Asset Purchase Agreement’ and fulfillment of conditions precedent and receipt of regulatory approvals from relevant Government Authorities and all the stakeholders related to the acquisition.”
At the time when General Motors was producing cars from the Talegaon unit tab plant ki capacity thi to produce 1.65 lakh vehicles annually and 1.60 lakh engines annually. Toh abb with more advancements definitely Hyundai Motors India Ltd. is going to up the game in both production and selling.
IndianTorque hain one of its kind and India’s first HINGLISH automotive website jaha pe aap Automobile se related Questions puch sakte he yaha sabhi information aapko HINGLISH me milti hain, yaha pe aapko unbiased review, comparison bhi milenge jis se aapko apne liye perfect vehicle choose karne me aasani ho. So guys notification on kar lijiye IndianTorque.com so that koi bhi important news aap miss na kare.
