Hyundai to Launch Electric Car at 10 Lakh in India - Details
New Hyundai Electric Car to Rival Nexon EV – 300 Km Range with Starting Price at 10 Lakh. India launch in 2022
Hyundai may have started its India EV innings with the Kona, but it is soon going to enter the EV market more aggressively with its made for India affordable Electric SUV based on a new low-cost electric car platform. The Hyundai Kona Electric is priced at around Rs 23.78 lakh (ex-showroom) making it quite expensive for most car buyers in India.
The new affordable Electric SUV code-named A-CUV is likely be based on the Hyundai AX1 Micro-SUV expected to be launched in India by end of 2021 or early 2022.
The A-CUV is currently being developed with our tastes in mind and will have a big enough battery pack along with maintaining a reasonable price expected to start at around 10 lakhs. Hence this new SUV is developed for India and would also be used for export. It will probably be one of the most affordable electric car in India with a very high level of localization and will be priced lower than the Nexon EV. It will also sport a healthy range of more than 300 km (official) while the real world range could be between 200 to 250 km. Expect a different design from the usual Hyundai SUVs while even the interior would have a minimalist look. The dimensions are expected to be slightly smaller than the Venue and rival electric cars like Nexon EV and upcoming electric vehicles - Altroz Electric Hatchback, Tata HBX Hornbill Electric Micro-SUV & Citroen electric compact SUV codenamed eCC21
The carmaker would also create a chain for charging infrastructure and provide a home charging set-up. With an EV, the cost is an issue but with the success of the Nexon EV, Hyundai is aiming to tap into that. Expect the launch of Hyundai A-CUV by Q4/2022. Kia India may also colloborate with Hyundai to launch its own Electric car in India based on the A-CUV platform.
Currently the most affordable Electric car in India is the Tigor EV with prices starting at 12.69 lakh (ex-showroom) while in SUVs, it is the Nexon EV with prices starting at 13.99 lakh (ex-showroom)
Also read- EV range comparison test in India
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