The real Hyundai Motor stands up at battery PLI pre-bid round

The participation of the South Korean company is notable because a similarly named Hyundai Global Motors had got sops for setting up a 20 gigawatt hour (GWh) capacity in the earlier PLI auction round for ACC batteries, held in January 2022. It was eventually concluded that this was a case of impersonation and that Hyundai Global Motors had used fake documentation while bidding. Read The Rest at :