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TN Chief Minister Edappadi K Palaniswami, Deputy Chief Minister O. Panneerselvam and MD & CEO of Hyundai Motor India Ltd. Seon Seob Kim during the launch of Hyundai India’s first electric SUV .[/caption]
Chennai, July 24 (IANS): Tamil Nadu Chief Minister K. Palaniswami on Wednesday flagged off Hyundai Motor India Ltd’s electric sports utility vehicle (SUV) KONA Electric at the state secretariat here.
According to the release, Hyundai Motor India and the state government had signed a Memorandum of Understanding on 24.1.2019 whereby the company would invest INR 7,000 crore for expansion and rolling out electric cars.
“It is a moment of pride to share that the KONA Electric - India’s First Fully Electric SUV will be Made in Tamil Nadu from our State-of-the-Art Manufacturing Plant in Chennai,” S.S. Kim, MD & CEO, Hyundai Motor was quoted a saying in a statement issued by the company.
He said the KONA Electric model has got 120 confirmed bookings within 15 days of its launch.
