Quick HighlightsHyundai to launch its first EV designed exclusively for India before 2030Localized supply chain to boost affordability and sustainabilityPune plant expansion to add 250,000 units to global production capacityIndia positioned as a key pillar in Hyundai’s 2030 global electrification strategyHyundai Confirms India’s First Locally Designed EV – Major Expansion at Pune Plant by 2030Hyundai Motor Company has officially outlined its bold 2030 vision at the CEO Investor Day in New York, and India has emerged as a central focus of the automaker’s long-term growth strategy. In a significant announcement, Hyundai confirmed that it will introduce its first locally designed electric vehicle (EV) specifically tailored for Indian consumers before 2030. This marks a landmark move for Hyundai, as it shifts from adapting global EVs for India to creating one exclusively for the country.Hyundai to Design Its First EV Exclusively for IndiaThe upcoming India-designed EV underscores Hyundai’s commitment to the local market, which is rapidly becoming one of the world’s fastest-growing automotive hubs. Unlike previous launches such as the Hyundai IONIQ 5 and Kona Electric, which were global models brought into India, this new EV will be conceptualized, designed, and developed with Indian consumers in mind.Hyundai aims to strike a balance between affordability, practicality, and innovation , ensuring the new EV can cater to mainstream buyers. The company also confirmed that the entire project will be supported by a localized supply chain , strengthening India’s role in Hyundai’s global electrification roadmap.Pune Plant Expansion to Fuel Global CapacityAnother crucial part of Hyundai’s strategy involves the expansion of its Pune-based multi-model export hub , which will play a dual role in domestic and global operations. By 2030, the Pune facility will add 250,000 additional units to Hyundai’s global production capacity, further cementing India’s status as not just a sales market but also a strategic export base. This expansion highlights Hyundai’s confidence in India’s automotive ecosystem, talent, and supply network.India as a Strategic Pillar in Hyundai’s 2030 VisionIndia’s significance in Hyundai’s global roadmap is set to grow exponentially. The company already enjoys strong traction in the Indian SUV market with models like the Hyundai Creta and Hyundai Venue , and now it is aligning its EV roadmap with the Indian government’s push toward sustainable and green mobility .The new India-specific EV will aim to fill the gap between premium imported EVs and entry-level small EVs, bringing electric mobility closer to mass-market adoption. Hyundai’s strategy reflects a shift toward democratizing EVs in India, ensuring they are accessible to a larger section of the population.Globally, Hyundai has ambitious plans of achieving 5.55 million vehicle sales by 2030 , of which 3.3 million will be electrified vehicles , including hybrids, EVs, and extended-range EVs (EREVs). With its localized EV and the Pune expansion, India will play a vital role in driving both domestic sales and export growth.Key India-Specific AnnouncementsHyundai’s first India-designed EV to be launched before 2030Fully localized supply chain to ensure affordability and sustainabilityPune plant to add 250,000 units to Hyundai’s global production capacityIndia positioned as a domestic growth driver and global export hubConclusionWith this landmark announcement, Hyundai has sent a clear signal that India will be at the heart of its electrification journey . By designing its first EV specifically for Indian consumers and expanding its Pune plant to serve global markets, Hyundai is laying the foundation for a transformative decade. The upcoming India-focused EV could be the turning point that brings electric mobility into the mainstream, aligning with the country’s vision for a sustainable automotive future.