- Kia Corporation
- Kia EV6
- Kia Pride
- Kia Avella
- Kia Stonic
- Kia Gwangmyeong EVO plant
- Hyundai Motor Group
- Kia EV3
- Kia EV4
- Jun Young Choi
- Seung Won Park
Hyundai Motor Group Inaugurates Its First Dedicated EV Manufacturing Facility, Kia Gwangmyeong EVO Plant
- by MT Bureau
- September 27, 2024

Kia Corporation has opened the Kia Gwangmyeong EVO Plant, which is Hyundai Motor Group’s first dedicated EV manufacturing facility globally.
Located at Kia Autoland Gwangmyeong, the new facility has an annual production capacity of 150,000 units and started production of the Kia EV3 in the first half of this year, to be followed by the EV4 in the first half of 2025.
In his welcome address, Jun Young Choi, Executive Vice-President and Head of Domestic Production Division, Kia said, “The completion of the Kia Gwangmyeong EVO Plant solidifies Kia’s first step as an EV leader following the company’s brand relaunch in 2021. With the goal of providing sustainable mobility solutions, we will lead innovation in the EV market and fulfil our responsibilities in helping to deliver a sustainable future.”
Seung Won Park, Mayor of Gwangmyeong City added, “The completion of the Kia Gwangmyeong EVO Plant will help Gwangmyeong City to establish itself at the centre of the EV industry in Korea. Through this we will strive to promote sustainable development of the local economy and create more jobs."
The Gwangmyeong EVO Plant is a dedicated EV facility, with an investment total of KRW 401.6 billion (USD 304.2 million) over approximately 60,000 square meters and will serve as an outpost for production of Kia’s popular EV models.
The Korean automaker states it spent approximately one year transforming Gwangmyeong Plant 2, which was completed in 1987 to produce small internal combustion engine vehicles such as the Kia Pride, Avella and Stonic. The Kia Gwangmyeong EVO Plant is also meaningful in that it is the Group’s first dedicated EV plant and a facility that has been completely rebuilt on an existing plant site to become a hub for next-generation vehicle production.
The plant has been constructed with a full-scale conversion to electrification in mind, focusing on ‘eco-friendly’ and ‘worker-friendly’ processes.
The body shop is now a high-tech logistics factory thanks to the introduction of automated guided (AGV) forklifts, and the green credentials of the paint shop have been increased by applying the water-based 3C1B method instead of the previous oil-based 3C2B method. New equipment has also been introduced to improve wellbeing and reduce the workload of plant employees, including machinery which can automatically install high-voltage batteries, wheels and tires on the vehicles.
Following the completion ceremony of the Gwangmyeong EVO Plant, Kia will ramp up EV production. Mass production of the EV3, a compact all-electric SUV, began in the first half of this year. The EV3 is Kia's third dedicated EV model after the Kia EV6, the all-electric crossover SUV launched in 2021, and the Kia EV9 all-electric flagship SUV launched in 2023.
In the first half of 2025, Kia plans to introduce the EV4, the brand’s mid-sized electric sedan.
- Hyundai Motor India
- Creta Electric
- tooling
- stamping
- localisation
Hyundai Motor India To Invest INR 6.94 Billion For Tooling
- by MT Bureau
- March 25, 2025

South Korean automotive major Hyundai Motor India has outlined a new investment of INR 6.94 billion towards stamping tool and panel production for vehicles.
The passenger vehicle maker aims to strengthen its domestic footprint along with the foundation of manufacturing by establishing the infrastructure of stamping tool.
This the company believes will drive stability in its supply chain as it will be able to have in-house access to stamping tool and the manufacturing of vehicle panels.
Currently, Hyundai Motor India works with over 194 vendors that has enabled it to localise more than 1,238 parts. This has enabled the company to save around USD 672 million in 2019. In fact, the company’s newest electric vehicle offering the Creta Electric SUV already comes with about 92 percent localised parts.
- Kobelco Construction Equipment India
- KCEI
- Kobelco Construction Machinery Co
- Takemichi Hirakawa
Kobelco Rolls Out 20,000th Made-in-India Excavator From Andra Pradesh Facility
- by MT Bureau
- March 21, 2025

Kobelco Construction Equipment India (KCEI), a subsidiary of Japan-based Kobelco Construction Machinery Co, has attained a new production milestone in the country.
The company recently rolled out its 20,000th made-in-India excavator from its plant in Sri City, Andhra Pradesh. What’s more, the company as part of its India outlook has also announced setting up a new R&D facility, which will focus on developing new technologies, engineering solutions, customisation and product innovation.
At present, the Sri City facility has a production capacity of 3,000 units per annum and supplies excavators for both domestic and 16 international markets. The company claims it currently enjoys over 25 percent market share in India.
Takemichi Hirakawa, Managing Director & CEO, Kobelco Construction Equipment India, said, "Reaching the 20,000th excavator production milestone reflects our commitment to delivering high-quality construction equipment. India has emerged as an important manufacturing base for Kobelco, meeting both domestic demand and expanding our global footprint. As part of our long-term growth strategy, we remain aligned with the ‘Make in India’ initiative and continue to invest in R&D, strengthening our capabilities."
- Hindalco Industries
- Aditya Birla Group
- Aluminium
- Copper
- Specialty Alumina
- Kumar Mangalam Birla
- Satish Pai
- electrification
- lightweighting
Hindalco Industries Unveils New Brand Identity, To Invest INR 450 Billion Too
- by MT Bureau
- March 20, 2025
Hindalco Industries, the metals flagship company of the Aditya Birla Group, has unveiled its new brand identity, which it shared marks its transformation from a materials supplier to an engineered solutions provider.
The new identity represents its focus from just being a supplier of metals to a partner with a focus on closing the ecosystem loop right now from sourcing, refining, co-developing and recycling. The company has also outlined an ambitious INR 450 billion towards strengthening aluminium, copper and specialty alumina business.
In an event held in Mumbai, the company displayed its new range of solutions targeted for various industries including B2C, B2B and even B2G. For the automotive industry the company is looking to work together with automakers and suppliers, especially supporting the transition towards lightweighting vehicles and electrification.
Interestingly, the company has also commenced what it claims is India’s first e-waste recycling plant by Birla Copper and a 100MW renewable energy project in Odisha.
Kumar Mangalam Birla, Chairman, Aditya Birla Group unveiled the new identity and said, “Today, Hindalco is a mini conglomerate in itself, with 52 plants across 10 countries producing a diverse portfolio of high-quality products that contribute to the global economy. We are committing INR 450 billion across aluminium, copper and specialty alumina businesses to deliver both upstream and next-generation high-precision engineered products”.
“Hindalco’s new identity reflects our role as a catalyst for change, a problem solver and a co-creator of new solutions that power progress across industries. And above all, it embodies our commitment to always being a force for good,” added Birla.
The new logo features a bold and dynamic ‘H,’ which the company shared represents forward momentum and reinforces its role in shaping India’s industrial and sustainable future.
Satish Pai, MD, Hindalco Industries, added, “This marks a pivotal moment in Hindalco’s journey as we transition from a metals manufacturer to an innovation-driven solutions provider. Our investments in advanced materials, circular economy solutions, and cutting-edge applications will redefine manufacturing in India and beyond. The new brand identity, Engineering Better Futures, reflects our core principles: Sustainability, Circularity, Durability and Precision Engineering. These pillars form the foundation of our transformation, ensuring we create a lasting impact for generations to come.”
- Ashok Leyland
- Hinduja Group
- Andhra Pradesh
- Switch Mobility
- Nara Lokesh
- M Ram Prasad Reddy
- T G Bharath
- V Balashowry
- Y Venkata Roy
- Ashok P Hinduja
- Shom Ashok Hinduja
- Dheeraj G Hinduja
- Shenu Agarwal
- Mahesh Babu
Ashok Leyland's New Vijayawada Facility To Produce 4,800 Buses Annually
- by MT Bureau
- March 20, 2025

Ashok Leyland, one of the leading commercial vehicle manufacturers, has inaugurated its new 4,800 buses per annum manufacturing facility near Vijayawada, Andhra Pradesh.
The new facility spread across 75 acres can manufacture the complete range of Ashok Leyland diesel buses along with Switch Mobility’s electric buses. The facility features a Nalanda learning center and an advanced service training center. The plant was inaugurated by Nara Lokesh, Minister of Information Technology, Electronics and Communications and Human Resource Development, Government of Andhra Pradesh.
Furthermore, the auto major as a symbolic gesture also handed over the keys of the Switch electric double-decker bus to the government of Andhra Pradesh as part of its commitment to promoting sustainable public transportation. The event saw participation from M Ram Prasad Reddy, Minister of Transport, Sports, Youth Affairs; T G Bharath, Minister of Industries; V Balashowry, MP, Krishna District; Y Venkata Roy, MLA, Gannavaram Constituency; Ashok P Hinduja, Chairman, Hinduja Group – India and Shom Ashok Hinduja, President Alternative Energy and Sustainability, Hinduja Group, along with dealers, customers, suppliers and other dignitaries.
“This is a prestigious occasion for Andhra Pradesh. We are delighted to welcome Ashok Leyland to our growing industrial ecosystem. This plant strengthens our reputation as an emerging manufacturing hub and will play a crucial role in providing employment, enhancing skill development, and boosting the overall economy of the State,” said Nara Lokesh.
Dheeraj G Hinduja, Chairman, Ashok Leyland, said, “Inspired by the vision of the Chief Minister Chandrababu Naidu, who has crafted a progressive industrial policy for the State, we are excited to be in Andhra Pradesh and our relationship with this State has been over several decades now through Ashok Leyland and other Hinduja Group entities. The inauguration of the new plant marks the beginning of yet another chapter for Ashok Leyland in this vibrant State, where our Group is committed to explore more opportunities for driving economic growth, creating employment opportunities, and generating prosperity in the region.”
Shenu Agarwal, MD & CEO, Ashok Leyland, added, “With inauguration of the new plant, Ashok Leyland will further consolidate its position as No.1 bus brand in India and among the top 5 globally. This facility will help us cater to the growing demand for fully built buses in India. Production in the new plant has just commenced and owing to our large order book, the plant will start operating at 100 percent capacity from day one. The new plant is equipped with state-of-the art equipment with high levels of automation signifying our commitment to making products of highest quality standards.”
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