Hyundai Motor Group Collaborates with IITs to Enhance EV Research in India
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New Delhi, Dec 3 (NationPress) On Tuesday, Hyundai Motor Group revealed important alliances with the Indian Institutes of Technology (IITs) to form a cooperative research framework targeting batteries and electrification, as it intensifies its focus on the EV ecosystem within the nation.
The three participating institutes are IIT Delhi, IIT Bombay, and IIT Madras. The Hyundai Center of Excellence (CoE), which will be established at IIT Delhi, will function through funding from Hyundai Motor Group.
The main goal of the Hyundai CoE is to spearhead advancements in batteries and electrification, tailored specifically for the distinctive needs of the Indian market, the automaker stated in a press release.
Hyundai Motor Group intends to invest approximately $7 million over the next five years, from 2025 to 2029, to collaboratively undertake research related to batteries and electrification with the four IIT universities.
This partnership will also encompass areas such as software and hydrogen fuel cells, the manufacturer indicated.
“We are thrilled to collaborate with the IITs, a consortium of premier engineering institutions celebrated for their outstanding education and research,” expressed Naksup Sung, Head of Hyundai Motor Group Research and Development (R&D) Planning and Coordination Center.
“We anticipate that the Hyundai CoE will foster a robust network of skilled professionals from India's academic landscape, propelling innovation and future growth,” Sung added.
The Group aims to aid in the creation of an EV ecosystem in India, in line with various policies for enhancing EV distribution, implemented by the Indian government.
This partnership will include the Centre for Automotive Research and Tribology (CART), the sole EV-related research institute in India, situated at IIT Delhi.
The Hyundai CoE will not only engage in joint research regarding academic-industrial collaboration tasks but will also enable technical and personnel exchanges between experts in batteries and electrification from both Korea and India.
These collaborations are in line with the Group’s endeavors to augment its footprint in India, following the successful $3 billion IPO of Hyundai Motor India Limited (HMIL).
