May 18, 2023
1 min read

Hyundai Motor inks deal with Shell India Markets

The collaboration with Shell India is a part of Hyundai Motor India’s EV charging infrastructure expansion plan….reports Asian Lite News

Car major Hyundai Motor India Ltd on Wednesday said it has inked a Memorandum of Agreement (MoA) with Shell India Markets Private Limited to install 60 kW DC Fast Chargers across 36 of its electric vehicle (EV) Dealerships in India.

The collaboration with Shell India is a part of Hyundai Motor India’s EV charging infrastructure expansion plan.

Shell India Markets will also consider installing DC 120 kW Fast Charger in dealers instead of DC 60 kW Fast charges if feasible, Hyundai Motor added.

Commenting on the announcement, Unsoo Kim, MD & CEO, Hyundai Motor India said such strategic partnerships are fundamental in accelerating the adoption of EVs by customers to achieve national goal of carbon neutrality.

According to Sanjay Varkey, Director, Shell India Markets the strategic partnership with Hyundai Motors India,A aims to improve the charging infrastructure for Battery Electric Vehicles (BEV) in India by offering easy access and dynamic availability for a safe, reliable, and seamless charging experience.

Hyundai Motor India currently has an existing network of 72-EV Dealers in 45-cities. Phase-1 for establishment of public EV charging facility across EV dealerships of the company was concluded in the past. Phase-2, has been initiated with Shell India Markets across 36-additional dealerships for installation of DC 60/120 kW fast chargers.

ALSO READ: New Centre to Empower Dubai Family Businesses

Previous Story

Delhi hurt Punjab’ playoff hopes

Next Story

PVR Pictures is now PVR INOX Pictures

Latest from Business

India’s Millionaire Wealth Surges

Strong equity markets and investor optimism around artificial intelligence (AI) played key roles in bosting returns and overall wealth creation India recorded a robust 8.8 per cent rise in high-net-worth individual (HNWI)

IMEC Touted as Game-Changer for India’s Growth

The event brought together experts from the governments, academia, industry and private businesses across the globe…reports Asian Lite News The India-Middle East-Europe Economic Corridor (IMEC) has the potential to be a “game-changer”

Accel Puts India’s AI Power in the Spotlight

Under the theme “Engineering India’s AI Advantage,” the exclusive, invite-only event will bring together leading AI founders, researchers, tech CXOs, policymakers, and global investors….reports Asian Lite News Global venture capital firm Accel
Go toTop

Don't Miss

India again refrains from extending support to China’s BRI

India has said that although connectivity is very important, the

‘Gujarat accounts for nearly a fourth of all pharma exports’

The minister also launched a knowledge report on “Future impact