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Hyundai to launch 9 models, including an EV during 2018-2020

Auto News - Published on Tue, 20 Mar 2018

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The Hindu Business Line reported that Hyundai is planning a major product offensive with the launch of nine models, including an electric vehicle, over the next three years. The launches will include two face lifts, two new segment vehicles, four full model change and an electric vehicle during 2018-2020. This will involve development expenses of INR 6,000-6,500 crore during this period.

The two new segment models include a much-awaited small car positioned between the Eon and Grand i10 to be launched this year, and a sub-4 m compact SUV during the first half of 2019. The small car “ will be a contemporary, family-oriented car. We are yet to finalise the name though there is a strong suggestion to name it Santro,” Mr YK Koo, Managing Director & Chief Executive Officer, Hyundai Motor India, said.

In 2018, there will be two face lifts, of which one (new 2019 Elite i20) has already been launched at Auto Expo and another will happen before June. Electric vehicles are also part of Hyundai India’s agenda and it is contemplating introducing an electric model during next year.

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Posted By : Rabi Wangkhem on Tue, 20 Mar 2018
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