NSE:HYUNDAI management interview: Hyundai Motor India on EV Plans, Margins and Expansion Strategy
Zee Business, 2026-05-16. Video: https://www.youtube.com/watch?v=MRqwhjvdODk
- Capex and capacity: The company plans a ₹7,500 crore capex funded via internal accruals as part of a larger ₹45,000 crore investment planned between 2025 and 2030. Total manufacturing capacity across Chennai and Pune will expand from 9.94 lakh units to approximately 11.54 lakh units by 2030.
- Growth and margin guidance: Management projects 8–10% volume growth in both domestic and export markets for the financial year, supported by a pipeline of 26 new models by 2030. The company maintained its annual EBITDA margin guidance of 11–14%, following a 12.2% margin delivered in the previous year.
- EV and luxury roadmap: Hyundai plans to launch 4–5 dedicated EVs by 2030, starting with an SUV EV in the current financial year alongside expanding highway fast-charging infrastructure. Furthermore, the luxury Genesis brand will be introduced and locally manufactured in India by late 2027.
- SUV and rural penetration: SUVs represent approximately 70% of Hyundai's domestic sales volume, with customer demand now evenly split between rural and urban markets. This rural reach is supported by over 700 rural showrooms, 613 workshops, and 125 mobile service vans.