Hyundai plans to develop EVs for the Indian market

TusharK · 13th November 2020, 12:56

According to a media report Hyundai is developing a mass market electric vehicle (EV) for India.

Hyundai plans to develop EVs for the Indian market-2019hyundaikona02.jpg

Seon Seob Kim, MD & CEO, Hyundai Motor India has stated that the company does not expect demand for niche segment EVs to pick up. However, mass-market EVs could gain traction in India.

He added that the R&D team is working on the most suitable body type based on the needs of Indian customers. The report suggests that it is likely to be an SUV.

At present, Hyundai offers the Kona Electric in India. It is priced at Rs. 23.76 lakh (ex-showroom). The car uses a 39.2 kWh battery that powers an electric motor that has an output of 134 BHP and 395 Nm of torque. It has an ARAI certified range of 452 km on a single charge.

Source

Link to Team-BHP News

SuhairZain · 13th November 2020, 13:12

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giri1.8 · 14th November 2020, 10:52

Expecting Venue based electric SUV, as creta would be bigger than Kona.

Hope they keep design as close to ICE as possible.

RSR · 14th November 2020, 15:42

Hyundai's Kona was a pioneer - the first proper EV in India (& not a half-baked one). However, they went radio silent on the EV front after that.

EVs are conspicuous with their green number plates, and I believe I'm spotting an EV more often on the road these days. Without a doubt, EVs are gaining acceptance steadily.

To cash in on this trend (which is all set to explode in the next couple of years), Hyundai needs to bring in more affordable EVs, in the 7.5 to 15 lac price range.

Heck, they can even do a conversion on an existing ICE platform in India, no need to build a new EV-specific platform that will take a lot of time. The Nios and Venue are good base ICE cars for conversion to EVs.

Give the Nios an 80-90 PS electric motor, a 300 km ARAI-certified range and launch three variants between 8.5 and 10 lac rupees. Plonk in a 110-120 PS electric motor into the Venue, give it a 400 km ARAI-certified range and price it from 11.5 to 14 lacs. Such EVs can gain them marketshare in the electric space till cars based on a dedicated EV platform are rolled out.

volkman10 · 18th June 2024, 08:53

Hyundai Motor India plans to launch 4 EV models in future, electric version of Creta by Q4 FY25.

- intends to focus on securing local production capabilities for key parts, such as cells, battery packs, power electronics, and drivetrain and building a localised EV supply chain.

- seeks to calibrate its EV strategy and plan EV timelines in line with market demands in India by launching the appropriate EV models within each price segment.

- Creta EV in the last quarter of fiscal 2025

-Company is also exploring different avenues for a strategic collaboration for the production of batteries.

-Aim to develop the EV infrastructure in India by constructing charging stations.

- Still concerns about meeting the eligibility criteria and availing of the benefits under the localisation norms.

Link:

13th November 2020, 12:56	#1
TusharK Senior - BHPian Join Date: Jul 2017 Location: Pune Posts: 6,594 Thanked: 58,012 Times	Hyundai plans to develop EVs for the Indian market According to a media report Hyundai is developing a mass market electric vehicle (EV) for India. Seon Seob Kim, MD & CEO, Hyundai Motor India has stated that the company does not expect demand for niche segment EVs to pick up. However, mass-market EVs could gain traction in India. He added that the R&D team is working on the most suitable body type based on the needs of Indian customers. The report suggests that it is likely to be an SUV. At present, Hyundai offers the Kona Electric in India. It is priced at Rs. 23.76 lakh (ex-showroom). The car uses a 39.2 kWh battery that powers an electric motor that has an output of 134 BHP and 395 Nm of torque. It has an ARAI certified range of 452 km on a single charge. Source Link to Team-BHP News Last edited by TusharK : 13th November 2020 at 13:00.
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13th November 2020, 13:12	#2
SuhairZain BHPian Join Date: Nov 2019 Location: Bangalore Posts: 104 Thanked: 186 Times	re: Hyundai plans to develop EVs for the Indian market Mod Note : Please do NOT post messages that add little or no informational value to the thread. We need your co-operation to maintain the quality of this forum. We advise you to read the Forum Rules before proceeding any further. Request to post ONLY when you have something substantial to add to a discussion. Last edited by GTO : 14th November 2020 at 10:00.
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14th November 2020, 10:52	#3
giri1.8 Senior - BHPian Join Date: Jul 2012 Location: Chennai Posts: 1,763 Thanked: 4,745 Times	re: Hyundai plans to develop EVs for the Indian market Expecting Venue based electric SUV, as creta would be bigger than Kona. Hope they keep design as close to ICE as possible.
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14th November 2020, 15:42	#4
RSR Senior - BHPian Join Date: Nov 2011 Location: Chennai Posts: 1,803 Thanked: 6,579 Times	re: Hyundai plans to develop EVs for the Indian market Hyundai's Kona was a pioneer - the first proper EV in India (& not a half-baked one). However, they went radio silent on the EV front after that. EVs are conspicuous with their green number plates, and I believe I'm spotting an EV more often on the road these days. Without a doubt, EVs are gaining acceptance steadily. To cash in on this trend (which is all set to explode in the next couple of years), Hyundai needs to bring in more affordable EVs, in the 7.5 to 15 lac price range. Heck, they can even do a conversion on an existing ICE platform in India, no need to build a new EV-specific platform that will take a lot of time. The Nios and Venue are good base ICE cars for conversion to EVs. Give the Nios an 80-90 PS electric motor, a 300 km ARAI-certified range and launch three variants between 8.5 and 10 lac rupees. Plonk in a 110-120 PS electric motor into the Venue, give it a 400 km ARAI-certified range and price it from 11.5 to 14 lacs. Such EVs can gain them marketshare in the electric space till cars based on a dedicated EV platform are rolled out. Last edited by RSR : 14th November 2020 at 15:44.
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18th June 2024, 08:53	#5
volkman10 Distinguished - BHPian Join Date: Dec 2010 Location: -- Posts: 23,944 Thanked: 70,155 Times View My Garage	Re: Hyundai plans to develop EVs for the Indian market Hyundai Motor India plans to launch 4 EV models in future, electric version of Creta by Q4 FY25. - intends to focus on securing local production capabilities for key parts, such as cells, battery packs, power electronics, and drivetrain and building a localised EV supply chain. - seeks to calibrate its EV strategy and plan EV timelines in line with market demands in India by launching the appropriate EV models within each price segment. - Creta EV in the last quarter of fiscal 2025 -Company is also exploring different avenues for a strategic collaboration for the production of batteries. -Aim to develop the EV infrastructure in India by constructing charging stations. - Still concerns about meeting the eligibility criteria and availing of the benefits under the localisation norms. Link:
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