Automobile

For mass adoption of EVs, the cost has to come down: Tarun Garg, Hyundai’s India COO

By Eduardo Saverin

COO, Hyundai Motor India Ltd.

Synopsis

In an exclusive interview with ET Prime, Tarun Garg, chief operating officer of Hyundai Motor India, talks about market share and double-digit growth in the first half of the calendar year, new product launches, capacity addition, creating an EV infrastructure at Chennai, and much more. Edited excerpts.

For Tarun Garg, chief operating officer (COO) of Hyundai Motor India, sustaining the company’s growth momentum in the domestic market has not been easy, with Tata Motors hot on its heels. On the exports front, Hyundai has lost its edge to Maruti Suzuki. Looking at the brighter side, Hyundai’s efforts to acquire General Motors (GM) Talegaon plant should bear fruit this year. Hyundai really needs this additional capacity of an annual 130,000

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Eduardo Saverin