Hyundai Motor Group ties up with IITs to advance battery, electrification research

Hyundai Motor Group has partnered with IIT Delhi, IIT Bombay, and IIT Madras to research batteries and electrification. They will invest USD 7 million over five years from 2025 to 2029. A Hyundai Center of Excellence will be set up in IIT Delhi to drive advancements for the Indian market.