Gurugram, February 28, 2024 – Hyundai Motor India Limited (HMIL) is racing towards an eco-friendly future, setting its sights on the RE100 finish line by 2025. This ambitious goal would see the automotive giant powering its operations entirely with renewable energy, leaving competitors in the dust.
Taking a green leap forward, Hyundai currently cruises at 64% renewable energy usage, sourcing its eco-power from the Indian Energy Exchange (IEX). This strategic move is part of the company’s broader sustainability pit stop, which has already conserved energy equivalent to a whopping ~19,200 Tonnes of Oil Equivalent (TOE).
In its quest for environmental excellence, Hyundai has also splashed through the waters of conservation. Achieving 80% water neutrality, the company uses recycled RO water and rainwater, collected in mammoth harvesting ponds with a capacity of 350,000 tonnes.
Waste is also on the reduction track. Hyundai has trimmed down hazardous waste by 19.4% and non-hazardous waste by 14.3% over the past five years, demonstrating a commitment to cleaner and greener operations.
The green flag is also waving for future investments. Over the next decade, Hyundai is revving up to inject over Rs. 32,000 crores into expanding its car and SUV platforms, including a robust range of electric vehicles (EVs) and charging infrastructure. This move aligns with its carbon neutrality pole position target by 2045.
Gopala Krishnan CS, Chief Manufacturing Officer at HMIL, commented, “We’re not just racing towards a sustainable future; we’re driving it! Our green initiatives are the turbo in our engine, propelling us towards a cleaner, more responsible era of automotive excellence.”
Hyundai’s robust Energy Management System, which includes a transition to LED lighting and innovative practices in energy conservation, has already shown significant results. The company’s Chennai facility boasts a 10 MW rooftop solar plant, further cementing its renewable energy credentials.
The company’s efforts in water management haven’t gone unnoticed, earning accolades like the ‘Noteworthy Water Efficient Unit’ award and the ‘National Energy Leader’ award for two consecutive years.
In the realm of EVs, Hyundai is set to electrify the market with its extensive investment in EVs, promising a future where driving is not just about getting from A to B, but about doing so sustainably.
With its wheels firmly on the renewable road, Hyundai Motor India Limited is driving full throttle towards a greener tomorrow, ensuring that the future of mobility is as bright and sustainable as possible.
