Hyundai to Expand EV Lineup in India: 3 New Models in the Works
Following the speculated Hyundai Creta Electric that is set to hit the Indian market this week, the Korean carmaker is lining up an elaborate attack on the EV market in the country.
Recently in an interview with Autocar India, the Hyundai Motor India COO, Tarun Garg, affirmed planning for at least three models of EVs in the short to mid-term markets considering especially the volume segment and affordability factors.
Locally assembled to be sold at cheap prices
Also, similar to the Creta Electric that Hyundai will release soon, Hyundai’s future EVs will be locally assembled. IAG recently moved battery production for Creta Electric locally to better control costs; the firm’s strategic plan is to continue with the localization of cell manufacturing, powertrain, and power electronics.
Focus on High-Volume Segments
Garg only suggested that the new EVs would follow popular segments, which strongly points to compact SUVs and hatchbacks. This corresponds to Hyundai’s plan of making EVs more affordable to a broader market.
Platform: We now have an E-GMP (K) born-electric platform.
Battery Options: from 42 kWh and 49 kWh, with a WLTP driving range of up to 355 km.
Rival: Perceived as being positioned against the Tata Punch EV.
Expected Launch: Second half of 2026.
According to the widely selling Venue SUV model is expected to receive a generation change by the year 2027.
An electric version would utilise the fact that it is one of the best-selling compact SUV models.
Since hatchbacks are still a popular segment an electric version of the Grand i10 Nios would be helpful for buyers in urban areas.
Its small and relatively cheap nature places it in a good position as it competes for a share in the new EV sector.
Hyundai is considering both ICE converted pathway and pure-pathway EVs where the automaker plans to launch SUV and hatchback EVs.
Besides these novelties, Hyundai is also planning to unveil a refreshed Ioniq 5 sometime this year. The above-mentioned car will expand Hyundai’s product offering and will also help to accentuate the company’s position in the Indian market of battery EVs.
Here, Hyundai has turned its attention to India not only through introducing new models but even more commitment to EVs. This way the automaker plans to localize production and target high-volume segments in order to make electric mobility affordable to the masses. Hyundai has backed the move by introducing the Creta Electric and has three more models in the works that all signal that this Korean automaker wants to be a major force in India’s electric car future.
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