Hyundai Partners With IOCL for Implementing Fast Charging Stations

Hyundai Motor has announced that it has lately showcased its Kona electric Sports Utility Vehicle, said work is on to set up fast charging facilities in select fuel stations in association with the Indian Oil Corporation (IOCL).

Hyundai Motor India Limited MD and CEO S S Kim believed it was a moment of pride that “Kona Electric, India’s first fully electric SUV will be made in Tamil Nadu from our state-of-the-art manufacturing plant in Chennai.”

For providing fast charging facility, Hyundai was working with Indian Oil to develop infrastructure at select fuel stations in Delhi, Mumbai, Bengaluru and Chennai, he held.

“HMIL will invest in the equipment and installation of these Fast Chargers (CCS Type Single Port). These chargers can charge 80 percent of the battery capacity in less than an hour.”

Kim thought that the car has received an overwhelming customer response with 120 confirmed bookings within 15 days of its launch. “This showcases customers’ acceptance of global electric vehicle technologies and faith in brand Hyundai,” he said.

The Kona SUV, priced at Rs 25.30 lakh (ex-showroom), was launched on July 9, 2019, with Hyundai claiming that it has a driving range of 452 km per charge.

A Tamil Nadu government release believed that an MoU was signed at the Global Investors Meet in January this year between the state and Hyundai Motors. As per the understanding, Hyundai dedicated to capitalize Rs 7,000 crore for its facility expansion at Sriperumbudur, which will enable the manufacturer to make an additional one lakh cars and manufacture electric vehicles, providing employment to 500 people.

“The launch of Kona Electric is a part of Hyundai Motor India’s commitment to invest 7,000 crore in Tamil Nadu,” the company said in a declaration.