Anyone else heard about Hyundai’s big IPO in India?

So I read that Hyundai India just had the biggest IPO ever in India… seems like they’re going all-in with new tech and EV stuff. Anyone know more about what they’re planning?

Yeah, I saw something about that! They’re localizing EVs now, like battery systems and all. Sounds huge for the EV market in India.

pascar said:
Yeah, I saw something about that! They’re localizing EVs now, like battery systems and all. Sounds huge for the EV market in India.

Definitely! They’re planning to invest in new R&D tech too, right? India’s gonna be a big deal for them.

pascar said:
Yeah, I saw something about that! They’re localizing EVs now, like battery systems and all. Sounds huge for the EV market in India.

Does anyone know what ‘localizing EVs’ actually means?

@Lewis
Basically, Hyundai wants to make a lot of the EV parts, like batteries and drive systems, within India itself. Less importing, more local production.

@Lewis
Ah, that makes sense! Could lower costs too, I bet.

They’re also pushing for more social responsibility stuff with their ‘Samarth by Hyundai’ campaign. Anyone know what that’s about?

Timber said:
They’re also pushing for more social responsibility stuff with their ‘Samarth by Hyundai’ campaign. Anyone know what that’s about?

I think it’s focused on community and environmental initiatives. Hyundai’s been involved in India for a while and wants to give back.

Timber said:
They’re also pushing for more social responsibility stuff with their ‘Samarth by Hyundai’ campaign. Anyone know what that’s about?

Yup, part of it includes helping local communities and supporting social causes. Kinda nice to see a big company doing this!

@C.cole3
That’s actually cool. So it’s not just about making money but contributing too.

Did anyone else see the part where they said they’ve created 250,000 jobs in India? That’s insane!

Washington said:
Did anyone else see the part where they said they’ve created 250,000 jobs in India? That’s insane!

For real! They’ve been here since ‘96, so I guess it adds up.

Washington said:
Did anyone else see the part where they said they’ve created 250,000 jobs in India? That’s insane!

I didn’t know they were such a big employer. Makes sense with all the production they’re doing now.

@Nathan
Exactly! And now with the EV stuff, there’ll probably be even more jobs. Good news for the job market!

Anyone know why they chose to go public in India now? Just seems like interesting timing.

gradygarth said:
Anyone know why they chose to go public in India now? Just seems like interesting timing.

Could be to boost transparency and get more local investors involved. They seem committed to India long-term.

gradygarth said:
Anyone know why they chose to go public in India now? Just seems like interesting timing.

Yeah, they talked about enhancing transparency. A public listing probably helps them build trust too.

@SantaFeSage
Makes sense. Especially if they’re trying to localize more, they’ll want more people on board with their mission.

They’re also pushing some environmental stuff like zero-emission vehicles. Think they’ll actually make a difference?

Benaiah said:
They’re also pushing some environmental stuff like zero-emission vehicles. Think they’ll actually make a difference?

They’re putting a lot into hydrogen fuel cells and EVs, so it seems like they’re serious about it.