The Indian auto market is rapidly moving towards the electric era, and Hyundai is preparing to lead the race. The company is launching an electric SUV that will not only be affordable but also boast a robust range and features. This time, Hyundai’s focus isn’t just on the high-end segment, but on ordinary Indian customers looking to purchase their first electric car.
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Vision
Hyundai has set its biggest goals for the next decade so far. The company aims to achieve 5.55 million global sales by 2030, with approximately 60% of sales being Electric and Hybrid vehicles. This means that every other vehicle in Hyundai will be based on Electric Powertrain in the coming times.
As part of this larger mission Hyundai is introducing new body formats as well as increasing its in-house software and production capacity. Not only this, the company is also preparing to bring its luxury brand Genesis to India, which will give premium electric experience to Indian customers.
Electric Models
Hyundai no longer wants to be confined to India, but she is taking her Electric Strategy to a new level around the world. The company is set to launch Ioniq 3 for Europe, while Hyundai’s Elexio SUV and a new Electric Sedan will be produced in China (China). The company’s focus is on offering special Electric Models according to the needs of different markets.
At the same time Hyundai in North America will make a strong return to Pickup Segment via a new midsize truck. Along with this, the company is also making a move in the commercial mobility sector. Hyundai plans to launch Hydrogen Fuel Cell Trucks and Electric Vans in the coming years, which could prove to be a major game-changer for the logistics and transportation industry.
Range EVs
Hyundai will launch its first Extended Range EVs by 2027, which can range up to 965 kilometers. This would be possible with the deep integration of batteries and Powertrain. In such a situation, these cars will be very attractive for long distance drivers.
The company aims to sell 3.3 million Electrified Vehicles every year by 2030. For this, more than 18 Hybrid Models will be launched under the Hyundai and Genesis brands. The Hybrid version of Palisade and Hybrid Transition of Genesis will debut in 2026.
New Hyundai Venue
Hyundai’s electric future looks very exciting. The Inster SUV could prove to be an affordable, stylish, and long-range electric car for Indian customers. If Hyundai delivers on its promises, this car could completely change the direction of the electric revolution in India.