{"id":7927,"date":"2024-06-14T03:22:48","date_gmt":"2024-06-14T03:22:48","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=7927"},"modified":"2024-06-14T03:22:48","modified_gmt":"2024-06-14T03:22:48","slug":"hyundai-announces-rs-20000-crore-investment-in-tamil-nadu-for-ev-ecosystem-development","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/hyundai-announces-rs-20000-crore-investment-in-tamil-nadu-for-ev-ecosystem-development\/","title":{"rendered":"Hyundai announces Rs 20,000 crore investment in Tamil Nadu for EV ecosystem development"},"content":{"rendered":"<p>Motor IndiaLimited (HMIL) has announced new long term  plans in the state ofTamil Nadufor the development of its electric vehicle (EV) ecosystem. A statement released by the company said that it will make further inroads into electric vehicles and modernization of vehicle platform by investing Rs 20,000 crore in a phased manner over the period of 10 years (2023 to 2032).<\/p>\n<p>As a part of the plan, Hyundai will set up a state-of-the-art battery pack assembly unit with an annual capacity to assemble 1,78,000 units of batteries. Furthermore, the company plans to install 100 EV charging stations at key locations in major highways, over a period of five years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Motor IndiaLimited (HMIL) has announced new long term plans in the state ofTamil Nadufor the development of its electric vehicle (EV) ecosystem. A statement released by the company said that it will make further inroads into electric vehicles and modernization of vehicle platform by investing Rs 20,000 crore in a phased manner over the period &#8230; <a title=\"Hyundai announces Rs 20,000 crore investment in Tamil Nadu for EV ecosystem development\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/hyundai-announces-rs-20000-crore-investment-in-tamil-nadu-for-ev-ecosystem-development\/\" aria-label=\"Read more about Hyundai announces Rs 20,000 crore investment in Tamil Nadu for EV ecosystem development\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1100],"tags":[749],"class_list":["post-7927","post","type-post","status-publish","format-standard","hentry","category-tamilnadu","tag-10-05-23"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hyundai announces Rs 20,000 crore investment in Tamil Nadu for EV ecosystem development - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/hyundai-announces-rs-20000-crore-investment-in-tamil-nadu-for-ev-ecosystem-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hyundai announces Rs 20,000 crore investment in Tamil Nadu for EV ecosystem development\" \/>\n<meta property=\"og:description\" content=\"Motor IndiaLimited (HMIL) has announced new long term plans in the state ofTamil Nadufor the development of its electric vehicle (EV) ecosystem. 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A statement released by the company said that it will make further inroads into electric vehicles and modernization of vehicle platform by investing Rs 20,000 crore in a phased manner over the period ... 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