IONIQ5 to be Hyundai's first model for India under new platform
Driving the pump-to-plug revolution, Hyundai will pioneer the development of future electric vehicles with this dedicated BEV platform that is now coming to India with the Hyundai IONIQ 5.
Car maker Hyundai Motor India Ltd on Thursday said it would launch the Hyundai IONIQ5 as the battery electric vehicle (BEV) built on the electric global modular platform (E-GMP).
"Our Electric Mobility campaign in India began in 2019 with the launch of India's first Electric SUV, the Hyundai KONA Electric. As we continue to challenge possibilities and dynamics of mobility, our pursuit of innovation is perfectly reflected in the E-GMP. With the introduction of E-GMP to India, we will be able to provide customers with advanced battery electric vehicles, derived from a platform that is modular, scalable and versatile," Unsoo Kim, MD & CEO, said.
Click here to know Anil Singhvi's strategy for today
Driving the pump-to-plug revolution, Hyundai will pioneer the development of future electric vehicles with this dedicated BEV platform that is now coming to India with the Hyundai IONIQ 5.
According to Hyundai, the E-GMP platform comprises of vehicle chassis that includes the battery, motor and power electric system.
The battery system features an advanced battery pack offering high range, while the bi-directional charging plug allows the high-voltage battery to power various electronic appliances.
The E-GMP also features an integrated charging control unit (ICCU) that charges both the high-voltage battery as well as auxiliary battery.
With modularisation and standardisation, different vehicles with various body types can be developed, the company added.
Click here to get more stock market updates I Zee Business Live
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
IRCTC Dividend 2024: Railway PSU announces 200% interim dividend - Check record date and other details
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
PSU Oil Stocks: Here's what brokerage suggests on these 2 largecap, 1 midcap scrips - Buy, Sell or Hold?
09:39 AM IST